Analysis of the market trends of Bitcoin and Ethereum on February 6th:
BTC
• Current price: Currently BTC is around 96,000.
• Short-term trend: The overall market is in the consolidation stage of the bull medium-term. Structurally, it may find support near 96,000, but the stop loss at this position is quite far. In terms of time and amplitude, the consolidation is not yet in place, and there may be a further decline to confirm the true low point. Pulling back to around 93,000 may be a better entry point for long positions.
• Potential influencing factors: On February 6th, the Berachain mainnet
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