A quiet week has passed.We defined the support level (40500) and the resistance level (46000) in the last report . BTC pulled back after reaching the resistance level on Feb.10 and remains in the fluctuation range we gave. The power-gap between the long and the short isn’t big. On a large scale, the short side did not strengthen significantly after the long side escaped from the bearish channel . The long side can launch a large-scale attack, but only if the resistance level (46000) is taken, not a retest but a breakthrough this time. Otherwise, it is difficult for both the long and short to form a trend.
Conclusion: Mostly fluctuation and there is a certain possibility that the rebound has not ended. As things stand, we think the previous support and the resistance levels are still valid. And the strength of the short did not destroy the rebound that started on Jan.24.

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