Analysis of BTC/ETH market at 10:39 am on 2025.2.22


On this night, 2.8 billion disappeared into thin air, 137,664 people went bankrupt and returned to zero. Unbelievably, in 2025, there was still such a major security incident in a CEX. If this had happened before 2023, it would have been a clear sign of an exit scam. However, there is absolutely no need for it now, after all, it is firmly in the top five. The revenue of exchanges is now very diversified, and transaction fees have already been reduced to 50% according to the financial report of the fourth quarter of CB!
Yesterday, on Friday, it was already pointed out in the early morning that the volatility would increase in the evening of Friday, plundering the demand for intraday liquidity, and the first support level given was 95745, with a minimum of 94830; ETH's first support level given was 2615, hitting a low of 2614.76! This grandma directly 'blind cat encounters a dead mouse' and let Brother Sao guess right!
BTC Focus
Support 93445/91800/89500
Pressure temporarily set at 97000/98000
ETH focus
Support 2440-2403/2343
Pressure temporarily set at 2735/2851
At this moment, the trend of BTC from the indicators is a standard retracement downtrend line. There hasn't been a trend of breaking the downtrend line with increased volume yet. The 4-hour level is also a normal indicator retracement, so pay attention to this downtrend line!
After being affected by the theft incident, the price of ETH remained strong instead, touching the key 2615 and immediately bouncing back to 2680, not falling but holding up against the decline. The main force behind ETH is definitely up to something!
Weekend, after this panic drop on Friday, we can pay attention to the first high point of the rebound this weekend, and set up short positions with stop-loss when it touches for the second time!
The positions set up on Friday can be closed out if the speed check ensures break-even or a slight profit/loss situation!
For tokens in the band, the principal who reduced the position the day before yesterday should have left the field, and some of the profits have also been pocketed, so it is 0 cost chips in hand, which can be taken at will!#GT
BTC0.47%
ETH0.29%
GT-0.95%
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