Morning Share on February 12
Good morning, brothers. The market sentiment is very intense, and the major cryptocurrency has broken through the first and second support levels in the early hours and morning, reaching the third support level. The volatility is significant, so I hope everyone strictly follows the strategy. When the market is in a downturn, we shouldn't resist it.
The latest price for BTC today is around $958. The daily chart is likely to close with a bearish candle, with prices declining while trading volume remains high, which often indicates that sellers are actively selling. Pay attention to the level of 973 in the morning; if it doesn't hold for 2-4 hours, the downward channel will reopen, with support levels at 955-948-938.
If it breaks above in the morning, the pullback will end, and watch for resistance at 978-988-1000.
The latest price for ETH today is around $2600. From the candlestick chart, market sentiment appears strong, with a low of around $2560. Pay attention to the level of 2660 in the morning; if it doesn't hold for 2-4 hours, the market will likely continue to decline, with support levels at 2580-2550-2510.
If it breaks above 2660 in the morning, the pullback will end, and watch for resistance at 2690-270-2750.