Bitcoin has continued to consolidate with slight fluctuations during the Spring Festival, with no significant liquidity. There is still selling pressure above. From a long-term structural perspective, a reversal trend is not expected to form so quickly. It may need to oscillate below repeatedly for a period or continue to decline to find a bottom. In the short term, trading can be based on the support and resistance levels within the range, with a focus on shorting positions.
📈📉 Today's Trading Strategy:
Around 67,600-67,900 🈳 (Short)
Add positions at 69,300
Target 65,500-65,800
Ethereum in sync
Near or above 2000 🈳 (Short)
Add positions at 2080
Target 1920/1880
For reference only, profit and loss are at your own risk!
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Market Analysis 2.18❤️
Bitcoin has continued to consolidate with slight fluctuations during the Spring Festival, with no significant liquidity. There is still selling pressure above. From a long-term structural perspective, a reversal trend is not expected to form so quickly. It may need to oscillate below repeatedly for a period or continue to decline to find a bottom. In the short term, trading can be based on the support and resistance levels within the range, with a focus on shorting positions.
📈📉 Today's Trading Strategy:
Around 67,600-67,900 🈳 (Short)
Add positions at 69,300
Target 65,500-65,800
Ethereum in sync
Near or above 2000 🈳 (Short)
Add positions at 2080
Target 1920/1880
For reference only, profit and loss are at your own risk!
$BTC $ETH