Emperor Gu Jing: 2.18 Bitcoin/Ethereum Continued Profits in Long and Short Positions with Evening Market Analysis

Bitcoin/Ethereum have been performing quite well overall recently. Last night, after re-entering long positions during the pullback, the market also rose as expected today during the daytime session to around 68,400 and the 2038 level. Currently, the market has again surged and then pulled back, and the overall oscillating trend remains unchanged. However, Bitcoin's main trend is somewhat weak, with highs and lows gradually declining. The latest 4-hour candlestick chart shows a large bearish candle with extremely diminished volume, indicating hesitation and wait-and-see sentiment after a significant decline. The previous 4-hour candle was bullish with increased volume, suggesting some support below, but the bearish force still dominates. Overall, the market remains volatile and has not stabilized effectively.

On the daily chart, recent days show a continuous oscillating trend with prices moving sideways, and the momentum between bulls and bears is weak. On February 15th, a large bearish candle appeared, indicating panic selling or main force distribution. Although there was some rebound in the following days, it failed to break previous highs and was accompanied by upper shadows, indicating heavy selling pressure overhead. The current daily closing price is below the opening price and has a lower shadow, showing short-term support. Technical indicators show the MACD line is positive but converging, suggesting that short-term downward momentum is easing, but the overall rebound strength is insufficient.

Evening Trading Suggestions: Buy near 66,800 to 67,300 for Bitcoin, targeting around 69,000 to 70,000; buy near 1,950 to 1,970 for Ethereum, targeting around 2,050 to 2,100.

Daily analysis and strategy have a high success rate, which can be observed. The analysis and strategies are for reference only; please manage your own risks. The article review and publication are not real-time, so please refer to live data! #Gate广场发帖领五万美金红包 #比特币跌幅逼近历史极值 #比特币下一步怎么走？