BTC/USDT Futures Trading Analysis - 5 February 2026

1. BTC/USDT Futures Trading Analysis - 5 February 2026

1. 1. 1. Market Overview

As of **5 February 2026**, the BTC/USDT futures market is exhibiting heightened volatility, with significant price swings observed intraday. Below are the key metrics:

- **Current Spot Price:** $70,943.88 - **Futures Price:** $71,025.50 (slight premium) - **24-Hour Change:** -7.00% (bearish momentum) - **Intraday High:** $76,780.00 - **Intraday Low:** $70,911.01

The market has seen a sharp decline from the intraday high, suggesting strong selling pressure.

1. 1. 2. Technical Analysis

1. 1. 1. Key Indicators

| Indicator | Value | Interpretation | |--------------------|-------------|-------------------------| | MA(50) | $75,642.93 | Resistance level | | EMA(50) | $75,075.76 | Bearish crossover risk | | RSI(14) | 26.72 | Oversold condition | | MACD | -1,236.52 | Strong bearish momentum |

1. 1. 1. 1. Additional Indicators

- **Fibonacci Retracement Levels:**

 - 23.6%: $72,500  
 - 38.2%: $74,200  
 - 50%: $75,800  
 - 61.8%: $77,400  

- **Bollinger Bands:**

 - Upper Band: $78,200  
 - Lower Band: $69,800  
 - Price is near the lower band, indicating potential oversold conditions.  

- **Average True Range (ATR):** 2,450 (high volatility) - **Volume-Weighted Average Price (VWAP):** $73,800 (current price below VWAP suggests bearish bias)

1. 1. 1. 1. Elliott Wave Analysis

The current price action suggests we may be in **Wave 3** of a larger corrective structure. A breakdown below $70,000 could confirm further downside toward $68,000 (Wave 5 target).

1. 1. 3. Trading Strategy

1. 1. 1. Recommended Position: **Short (with caution)**

- **Entry Point:** $71,000 (break below support) - **Stop-Loss:** $72,500 (above 23.6% Fib level) - **Take-Profit Targets:**

 - TP1: $69,000 (immediate support)  
 - TP2: $68,000 (Wave 5 target)  

- **Position Size:** 1-2% of capital (high volatility risk) - **Risk/Reward Ratio:** 1:2 (acceptable for intraday trades)

1. 1. 1. Alternative Scenario (Long Setup)

If price reclaims $72,500 with strong volume, a short-term long trade could be considered with: - **Entry:** $72,600 - **Stop-Loss:** $71,000 - **Take-Profit:** $74,200 (38.2% Fib)

⚠️ *Disclaimer: This analysis is provided for informational purposes only and does not constitute financial advice. It is recommended to conduct your own research before making investment decisions.* ⚠️

See Also

- Technical Analysis Basics - Futures Trading Strategies - Risk Management in Crypto Trading

References

- TradingView (BTC/USDT Futures Chart) - Binance Futures Data (5 February 2026)

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