Good morning, friends from the world of cryptocurrencies! Today is February 19, 2025, Wednesday. I am Van Yi-bo. In this world full of opportunities and challenges, only timely tracking of hot events will allow you to accurately understand the most profitable deals. As usual, fans, hurry up to mark👍, and those who like will receive great wealth🍗🍗🌹🌹

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First, let's look at the dynamics of the American stock market last night. All three indices showed a slight increase. The Dow Jones Industrial Average rose by 0.02%, the Nasdaq index rose by 0.07%, and the S&P 500 index increased by 0.25%. Meta showed poor dynamics, with losses exceeding 2%, ending a previous impressive streak of 20 increases; meanwhile, Intel made a splash, with growth exceeding 16%, and the stock price reached a new high since August of last year. However, the crypto market is opposite to American stocks, and the futures market faced significant selling. Bitcoin prices plummeted sharply, reaching a minimum of $93330; Ethereum also failed to avoid it, with its minimum price reaching $2604. Other altcoins began to fall under the influence, with various declines. LTC's trend is interesting, breaking out of its own trend, quickly rebounding after testing at the $119 level; in the case of SOL, due to unlocking factors, the price continued to fall, and only after testing the minimum at $160 did a slight rebound occur. This indicates that news and market narratives are often key factors determining the price movement of a particular cryptocurrency, so it is important to carefully monitor the dynamics of the news.
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Returning to the intraday Bitcoin exhibition, in the morning it manifested itself in a trembling state in a small range, but in the evening it felt strong and rose, overcoming the level at 96691 US dollars, but faced significant pressure at a high level, after which it began to decline. Under the impact of the decline in the US stock market, the price of Bitcoin continues to fall, and only after testing the lowest level at 93330 US dollars, it has slightly rebounded, now standing at around the level of 95500 US dollars. From a short-term perspective, the market is trying to launch a rebound after this wave of declines. From a technical point of view, the BOLL indicator shows that the channel has opened with a gradual narrowing of the previous expansion, which clearly indicates a gradual decrease in market volatility. This situation indicates that the price of Bitcoin may move around the middle line in the near future. However, caution should be exercised as the strength of the bullish market rebound may currently encounter strong resistance at the middle line.
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Keep an eye on the Ethereum market. After Ethereum sharply rose to $2848, a phenomenon of a stalled syringe occurred, it is still oscillating within a small box and essentially returning to its yesterday's starting level. From the perspective of technical indicators on the daily chart, the MACD indicator has been in the red zone for 5 consecutive days, but the price does not show clear growth. The further movement of Ethereum largely depends on whether a situation arises where Bitcoin artificially drops first, and then a rebound occurs. At the moment, Ethereum is constantly testing short-term support at $2600, but its rebound height is very limited, and it is important to carefully observe whether it will continue to fall to the $2350-2420 level. There is currently quite a strong selling force in the market, and buying is not showing noticeable activity, which determines that Ethereum prices are under significant upward pressure in the short term. As long as this demand and supply ratio and technical indicators do not show clear reversal signals, the short selling strategy still has high feasibility and safety in the current market conditions.