2.10 Bitcoin/Ethereum Market Analysis and Thought Reference

The midnight market can be lively! The price soared to a high of 83,000, and began to rise unilaterally influenced by the US market, returning above 80,000. It turns out that Trump announced no tariff increase within 90 days, and the market quickly warmed up.

The daily line of Bitcoin shows the price returning to around 82,000, challenging the resistance level of 84,000. After a contraction in MACD, it started to increase positions, with the middle track of the Bollinger Bands at 83,500. This position is crucial; if it stabilizes, it may continue to rise. The main force may take this opportunity to pull up, after all, there are no bad news left, only good news.

The four-hour K-line breaks through the pressure level of 82,600. Although there was a pullback, the bulls have taken the advantage. MACD volume increases, and the DIF and DEA golden cross expands, with the K-line breaking through the upper track of the Bollinger Bands. In the short term, it is highly likely to rise further; do not rush to short, and if you want to enter the market, you can wait for the price to drop below 81,000.

Short positions for Bitcoin should be around 83,500 to 84,000, adding positions at 84,700, stop loss at 500 points, with targets at 82,500 to 82,000 and 81,500.

Long positions from 81,500 to 80,500, adding positions at 80,000, stop loss at 500 points, with targets at 82,000 to 82,500 and 83,000.

For Ethereum, short positions mainly revolve around 1,750 to 1,780, adding positions at 1,830, stop loss at 40 points, with targets at 1,650 to 1,600 and 1,550.

Long positions from 1,550 to 1,500, adding positions at 1,450, stop loss at 40 points, with targets at 1,600 to 1,550 and 1,680.

The analysis in this article is merely personal opinion and should not be considered investment advice. Any profits or losses incurred as a result of this operation are your own responsibility. Investment carries risks; be sure to prepare and make careful decisions before trading. #特朗普暂停新关税 $BTC