2.18 Lunchtime Discussion:

Bitcoin

1. Current Market: Bitcoin dipped to the first target support level last night and has started to show a minor rebound, but the price is still consolidating in the range of 95000-97000.

2. Rebound Strength: The strength of the rebound is not significant, and the daily chart is still in a bearish trend.

3. Trading Strategy: It is recommended to primarily short at high positions during the rebound, meaning to consider shorting when the price rebounds to higher levels.

4. Resistance Levels:

- The first resistance level above is at 96300. If the four-hour close breaks this level, the rebound strength may increase.

- The second resistance level above is at 97000. If the price rebounds to this range, one may consider lightly shorting.

5. Support Levels:

- The first support level below is at 95000.

- The second support level below is at 94200.

- If the price drops below 94200, the next target support levels are around 91200 and 88900.

Ethereum

1. Current Market: Ethereum's minor trend has started to pull back.

2. Important Support: The important support level below is at 2700. If the price does not break this level, there is still a chance for upward movement.

3. Resistance Levels:

- The first resistance level above is at 2800.

- The second resistance level above is at 2850.

4. Support Levels:

- If the four-hour close breaks below 2700, the market may enter into a consolidation phase again.

- The first support level below is at 2614.

- The second support level below is at 2560.

Summary:

Bitcoin: Currently in a consolidation phase, with weak rebound strength. It is recommended to primarily short at high positions, focusing on resistance levels at 96300 and 97000, with support levels below at 95000 and 94200. If broken, it may further dip to 91200 and 88900.

Ethereum: Minor pullback, focus on the support level at 2700. If it does not break, there is a chance for upward movement. Resistance levels above are at 2800 and 2850. Breaking below 2700 may lead to consolidation, with support levels at 2614 and 2560. $BTC $ETH