2.19 Lunchtime Discussion:

Bitcoin

1. Last Night Market Review:

- Last night, the Bitcoin price fell to a low of 93,000, directly breaking below the second support level.

- The author mentioned that yesterday's suggestion was to enter at the rebound resistance level (buy), believing there was a profit potential of 3,000 points.

2. Current Market Situation:

- The price has rebounded again to the fluctuation area, and the overall market is still in a state of fluctuation.

- From the 4-hour level, there are signs of a rebound, with the rebound target looking at the daily resistance level near 96,900.

- If the price rebounds to around 96,900, one can consider a light short position, with a stop loss of a few hundred points.

3. Key Levels:

- Resistance Levels: 96,900 (daily resistance), 97,000 (key reversal level on the daily).

- Support Levels: 95,000 (if broken at the 4-hour level, the rebound ends), 93,500, 91,184, 88,900 (lower support levels).

4. Operational Suggestions:

- As long as the daily has not broken 97,000, the market will still focus on rebounds.

- If the 4-hour level breaks 95,000, the rebound will end, with lower support levels at 93,500, 91,184, 88,900.

Ethereum

1. Current Market Situation:

- Ethereum is still in a daily level fluctuation.

- The 4-hour level needs to close above 2,700 for the rebound to have strength.

- The upper resistance levels are 2,750, 2,800, 2,860.

2. Key Levels:

- Resistance Levels: 2,700 (key level for breaking at the 4-hour level), 2,750, 2,800, 2,860.

- Support Levels: 2,614, 2,554 (defensive support levels), if broken, look at 2,443, 2,300, 2,100.

3. Operational Suggestions:

- Before the 4-hour level breaks 2,700, one can wait in the support level range of 2,614, 2,554.

- If these two support levels are broken, the market may further decline, targeting 2,443, 2,300, 2,100.

Summary:

- Bitcoin: Currently in a fluctuation rebound phase, focus on the resistance level near 96,900; until it breaks 97,000, the focus will be on rebounds, and breaking 95,000 will end the rebound.

- Ethereum: Daily level fluctuation, focus on the breakout of 2,700; until it breaks, one can wait at the support levels of 2,614, 2,554, and if broken, look at lower support levels.