2025.2.19 Market Analysis

BTC:

From the daily chart, the big coin's downward fluctuation range has not been broken. The support level after the previous rise from 88909 to 110000 is around 93500. After the first wave of decline, it continued to fluctuate without a rebound. It is now testing the support again, and the support below is still valid. In trading, one can consider short-term rebounds, observing the defense of the support. If there is a rebound, pay attention to the situation of breaking the high point of 99500 effectively. As a reference point, buy around 95000, set a stop loss at the recent low of 93300, and target 98500-99000. Seize the opportunity to enter.

ETH:

From the daily chart, Ethereum has fared well this time, without a deep decline. The decline hasn't even reached the support level of 2560. Overall, Ethereum is still in a state of fluctuation; as long as the range is not broken, there won't be significant ups and downs in the market. In trading, one should also prepare for low buys and high shorts. Pay attention to the bottom support around 2560. If Bitcoin rebounds, Ethereum will follow. Trading strategy: go long around 2600, stop loss at 2520, and target around 2850. Further decisions should be made based on the situation after breaking through above.