2.24 Monday Bitcoin and Ethereum Midnight Analysis:

From the current market perspective, Bitcoin is showing a short-term downtrend. It is currently facing resistance above at 96500. If the four-hour closing fails to break through this level, bearish sentiment will dominate the market. Once broken, a rebound is expected, but in the short term, we still need to pay attention to the resistance at 98000.

Ethereum has successfully broken through the daily resistance. The one-hour chart shows that an upward trend is forming, with the target resistance pointing to 2850. If the support at 2765 holds during a pullback, the bullish signal is clear; if it breaks down, it may fall into a consolidation phase, with the key defensive support at 2725. Once lost, caution is needed for a drop to 2614.

Bitcoin at 95800-96200 is a range of resistance, looking down at 94500-94000.

Ethereum at 2820-2840 is a range of resistance, looking down at 2750-2700.