February 18
Handsome Guy Research Report
Yesterday, BTC remained in consolidation with a slight pullback and no significant increase in volume. A divergence pattern has appeared on the daily chart. Pay attention to changes in volume and wait for a breakthrough of resistance levels. The market remains sluggish, with reduced volume. Recently, focus more on macro news. The expectation for the day is continued consolidation, with pullback support levels to consider for follow-up. The long-term outlook remains unchanged, and the bull market is still in progress.
ETH has shown independent performance with a slight rise, briefly breaking through the 2800 resistance level. The 4-hour chart shows a healthy trend, and the daily chart has begun to oscillate upwards, gradually stabilizing. The expectation for the day is continued upward movement, with pullback support levels to consider for follow-up.
The altcoin sector is consolidating in sync with mainstream coins, and the secondary market remains relatively sluggish. Patience is required. On-chain, pay more attention to the BSC chain situation. A new round of MEME market activity may start on the BSC chain. In the secondary market, focus on BSC-related tokens. Consider following up on pullbacks. For altcoins already acquired, be patient and wait for market recovery.
Fundamental news: None
Primary market information:
Pay attention to the MEME situation on the BSC chain, seeking opportunities for a new round of dog coin eruptions.
After the release of DOGECAST, wait for subsequent good news.
Mainstream coin support and resistance for the day:
Today's market situation: BTC support at 95000-95500 below, resistance at 97000-97500 above; ETH support at 2650-2700 below, resistance at 2800-2850 above.