Morning Market Analysis: Happy Valentine's Day, brothers!
In the past 24 hours, 2.2 billion CNY has vanished, and 94,761 people have gone bankrupt!
Yesterday's 2360/2375 longs have already helped everyone cover today's Valentine's expenses, it's time to show your girlfriend the power of pork knuckle rice!
BTC Focus
Support: 101175/98500/97200/93911
Temporary resistance: 110000
Today's key point for BTC is around 103300, hold it to continue the high volatility and shakeout! New highs are just around the corner! It seems that it won't stop without setting new highs; whether it goes up or down after a new high remains to be seen, but it looks like a wave of new highs will be challenged this week!
ETH Focus
Support: 2403/2343/2285/2215
Temporary resistance: 2851
The long-standing point of 2403 is really not just talk; last night's first wave of attacks was expected to break through 2403 with a casual shake resulting in a drop of twenty or thirty dollars or a rise of forty or fifty dollars. Take profit on 50% or 60% of your position, and set a stop-loss at the bottom without taking profit to hold! Focus on the demand for a push towards 2480/2500 or even higher; this little guy wakes up and pushes again!
I have to say, last weekend and yesterday's market made many people feel like they had to short or go long when it broke, and then the market gave you a super short-term 'reversal', rubbing your ideas into the ground!
In terms of operations: If a signal appears during the day, take the opportunity; if you've waited day after day, the opportunity comes, and it's better to cut losses than to miss it. You desperately chase points that aren’t opportunities, and when you get to points where opportunities may arise, you hesitate because of K-line and volume cooperation. Isn’t that a classic case of being a big leek?
