Track real-time hotspots in the currency circle, seize the best trading opportunities, today is Sunday, February 16, 2025, I am Wang Yibo! Good morning, everyone! ☀ Hardcore fan check-in 👍 Like and make a fortune 🍗🍗🌹🌹


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Over the weekend, the market trading sentiment tends to be cautious, with no significant increase in trading volume. Prices have been repeatedly tugged in the middle range, and neither bulls nor bears have shown overwhelming advantages, making the market appear to be in a stalemate. This kind of oscillating pattern usually indicates that the market is in a stage of accumulation, with investors showing a strong wait-and-see attitude, waiting for more signals to guide the direction. In addition, although some funds are shown to be flowing in, the trading volume has not significantly increased, indicating that the main funds have not entered the market in a big way yet, making it difficult to have a trending market in the short term.
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Bitcoin maintained a range-bound consolidation in the small range of 97000-98000 during the day before yesterday, with overall small fluctuations and limited trading space. It can only focus on short-term operations. From the current trend, the possibility of breaking through the market in the short term is small. Bitcoin's daily chart has always been oscillating back and forth within the upper and lower range, although the overall price range has moved up, it has not been able to break through and stabilize. There is still some pressure around the 98500 level. On the 4-hour chart, the overall trend gradually leans towards the bullish side, stabilizing above the BOLL midline during the day, and the attached chart indicators show signs of gradual stabilization. It is expected that the rebound strength in the short term will not be significant, with short-term pressure concentrated in the 98000-98500 range, and support in the 96000-96500 range. Focus on the breakthrough and stabilization of the pressure level during the day. If the rebound does not break through, consider shorting, and enter long positions on a pullback to support. Short-term operations should focus on selling high in the range and buying low to run short-term positions!
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On the Ethereum side, the overall operation yesterday revolved around 2700, with a small needle insertion of 2659 in the evening quickly recovered. The 4-hour chart shows a trend of oscillation and upward movement, with limited short-term pullback strength and a predominantly bullish structure. After the Bollinger Bands on the hourly chart closed, the small Yin K-line briefly fell below the midline, but then turned positive and recovered. The market still maintains a bullish expectation in the short term, focusing on the 2760-2800 area on the upside and the 2600 level on the downside. In the short term, reference can be made to Bitcoin's synchronous oscillation range for key operations. During the weekend, the market fluctuates relatively small, so the operating space is not large. Accumulation in the ultra-short term is the main approach.
BTC1.07%
ETH0.14%
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