Daily Bitcoin Ethereum Analysis

2025.2.20

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Bitcoin is now in a sluggish overall structure, and the range of shocks has not yet been completed. Last night, it stepped back twice on the central axis of the trend line, and both bounced as soon as it was touched. As mentioned yesterday, the small-level upward repair indicator is repaired. Today is the 20th, the view remains unchanged and the upward expectation is expected at the beginning of next month. Just follow the trend in the short term, and try to make a correction in the band. The beginning of March must be a node. The short-term Ethereum is also much more explosive than Bitcoin.

Bitcoin:

The upper pressure line is 98100-98400 during the day. If the breakthrough variable has a need to break through 99600 in one fell swoop, the current reaction to the step back to 96500 will be seen first. Tonight, the effectiveness of the continuous support below will be seen. The first-line support is 94300 and the middle-line support is 91800. It is still valid.

Ether:

Now there is explosive power at both small and large levels in the market, but there has been no effective breakthrough or fall below 2710 for half a month. The support and resistance conversion range is very confusing. Try to do the upper pressure of the 4-hour upper and lower rails at 2830/lower support at 2560. The current pattern continues to be blocked at a small level. It is recommended to watch the middle and lower reaches of the lower rail at night. There is strong support near 2635 during the day.

The overall structure is still garbage, with a bearish trend and oscillation. You can keep an eye on the copycat in the near future. $BTC #参与投票-PI该上线币安吗？ $ETH