February 2, 2026 BTC Contract 【White Board】 Key Technical Levels

The current price is operating in the middle to lower part of the confirmed multi-cycle "wide-range fluctuation after a sharp decline" zone. The market is in a clear downward main trend, with a short-term structure of weak consolidation following a plunge. Focus on "executing high-probability 'rebound shorting' at clear zone boundaries," and protect and accumulate your principal with strict discipline in a bear market.

Core Trading Logic:
• From a macro perspective, the price has clearly broken below the long-term upward trend with a massive bearish candle. The structure has shifted from a bull market to a deep bear market or an ultra-large correction, with 87,718 becoming a historic resistance.
• From a meso perspective, moving averages show a standard bearish divergence, with the price continuously making new lows. The structure is a clear daily-level downtrend wave, and any rebound at the daily level is a selling opportunity.
• From a short-term perspective, after the plunge, the price has formed a wide-range oscillation zone between 75,612.0 and 84,243.7. This is the "long and short chip exchange and resting zone" after a sharp decline, with significant volatility (4-hour ATR=1,698.3). The current price is in the lower part of the zone, testing the recent low support at 75,665.4. This is a consolidation pattern in a downtrend, with no operational value at the intermediate price level (currently 77,162).

The dividing line between bulls and bears: 81,000.0 USDT (midpoint of the zone, strong/weak boundary).

Upper resistance levels (shorting zone):
P3: 87,718.0 (historic strong resistance, not considered for now)
P2: 84,243.7 (clear upper boundary of the zone, core shorting level)
P1: 81,000.0 (secondary shorting level, a test of rebound strength)

Lower support levels (rebound betting zone):
S1: 75,612.0 (clear lower boundary of the zone, recent "iron bottom," highly valuable)
S2: 73,000.0 (psychological threshold, breaking below may shift the zone downward)
S3: 70,000.0 (the abyss gate)

Probability Trading Discipline:
1. The above levels are technical estimated points, not precise levels. Orders can be placed with a fluctuation of 100-150 points around these levels;
2. Today's stop-loss distance (due to high volatility): 2000 points; (profit-taking distance can be set at 1:1 for beginners, experienced traders should execute to reduce positions by 50%-75% at the distance and then move to break-even to hold the position);
3. A maximum of 3 preset trades per day (long and short ambushes, breakout trend-following orders);
4. If daily cumulative loss reaches 10% of the principal, forcibly shut down and rest.

Probability Trading Conclusion:
The market is in a wide-range fluctuation after a sharp decline within the main downtrend. The high-probability strategy is: primarily short, with minimal positions at extreme support levels to attempt longs. Strategy 1: Wait for the price to rebound to the zone resistance levels P1(81,000) or P2(84,243.7) to establish short positions. Strategy 2: When the price violently drops to the zone lower boundary S1(75,612) for the first time, use minimal positions to bet on a technical rebound.