Track real-time hot topics in the cryptocurrency circle, seize the best trading opportunities. Today is Wednesday, February 12, 2025. I am Wang Yibo! Good morning, everyone. hardcore fan check-in👍 thumbs up to make a fortune 🍗🍗🌹🌹

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The three major U.S. stock indexes closed mixed overnight, with the Dow up 0.28%, the S&P 500 up 0.03%, and the Nasdaq down 0.36%. Tesla fell more than 6%, falling for five consecutive days on a daily basis, hitting a new closing low since November last year. Fed Chair Jerome Powell testified before the Senate Committee on Financial, Housing and Urban Affairs to deliver semi-annual monetary policy testimony and answer questions from lawmakers. Powell reiterated that there is no need to rush to adjust interest rates, and remains focused on achieving the dual mission goal and will not change the 2% inflation target. There is an institutional Fed sentiment model that rated Powell's comments as slightly hawkish, but in the neutral range, Powell continued to "play Tai Chi": if inflation does not improve, keep interest rates unchanged; If the economy slows further, interest rates are cut. The CPI data at 21:30 tonight will provide a certain reference for the Fed's policy direction in the future, and the short-term will also have an impact on the cryptocurrency intraday!
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Bitcoin has failed to break through multiple times during the day, and the evening market continues to probe below the position, with a slight advantage in bearish sentiment. The lowest point touched is 94817, and the rebound stops. From the daily technical chart, it shows an alternating rise and fall pattern, and the overall market structure is in a hovering state. Both sides are in a subtle game stalemate, gathering momentum, waiting for the dawn that breaks the balance. The short-term downtrend momentum is slowing down. If the price can stabilize above 95500, it is expected to further test the resistance zone of 96500-97200. In addition, if the hourly K-line shows a bullish pattern (such as a hammer line or engulfing pattern), it will strengthen the rebound signal. It is recommended to pay attention to changes in trading volume and the breakthrough of key resistance above. Short-term operations can be lightly positioned in long orders.
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Ethereum is also suppressed by the short position, and once returned to the low point of 2555 and stopped rebounding. The daily line of Ethereum maintains a downward channel operation. It rebounds when it touches the upper edge of the channel during the day. Currently, we are paying attention to whether the short-term can break through the lower channel at the 4-hour level, with 2550 as the support. If it falls and turns into a oscillating adjustment, it is currently at the bottom support position on the hourly chart, and will oscillate for a period of time at the bottom, so we need more time when we go long. The long and short game in the evening will definitely be very intense, so we need to be prepared in advance.