#BTC Today's Market Analysis and Trading Ideas (2.15)
Bitcoin is currently in a rebound trend, with a clear golden cross appearing on the daily MACD.
Therefore, it is not suitable to short.
The first support level below is 96400, and orders can be placed to go long in the 97150-96400 range, targeting resistance at 99000.
Trading advice: Day trades can be made around the support range of 97150-96400 and the resistance at 99000.
The SEC allows Grayscale's ETH ETF staking, and with the testing upgrades, these positive developments provide support for a medium to long-term bull market. However, in the short term, one must be wary of the risk of a pullback if the landing progress is slower than expected.
Short-term support for long and short positions is at 2700; if it breaks below, the market may enter a consolidation phase, with defensive support at 2678 below.
The rebound resistance targets above are 2796 and 2858.
Aggressive traders can attempt to build a small long position near 2695 on a pullback. If the four-hour close falls below 2700, then pay attention to opportunities for long positions at 2678 and below.
Tap the avatar to follow me.
My strategy continues to be shared for free.
