Dog Brother's Bitcoin and Ethereum Analysis Today!

2025.2.18

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Last night was Presidents' Day in the U.S. stock market, which was closed. The Asian market main players made a strong push beforehand, leading to a continuous squeeze for longs, mainly reflected in Ethereum. The smaller time frame surged from 2632 all the way to around 2848, showing a staged false breakout after last night's continuous enticing upward movement. Last night, the position at 2845, which was waited on for 2 days, was successfully entered.

Bitcoin:

Currently, Bitcoin's trend is relatively weak, with a bearish resonance on the hourly level. Today's first line of support is around 93850. If it breaks, look for support strength around 91800, with upward pressure at 97700.

Ethereum:

Last night's false breakout may have trapped quite a few old friends who chased the upward trend. No matter the operation recently, it is crucial not to lose perspective, as there is an upcoming SOL auction that could affect market volatility. Ethereum's intraday operation today mainly focuses on the stabilization around 2710. Overall, the structure is in bullish resonance, and the upper first line of pressure is 2850. Try to continue looking for opportunities to go long at $ETH . The plan remains unchanged; this month Ethereum is expected to see a rebound, with extreme support around 2500 not breaking, and the upper limit can reach around 3000. $BTC #阿根廷总统MEME币争议