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.
Can Bitcoin cross the $106,000 mark and restart its upward trend, or will it face a pullback to $85,000?
Crypto trading expert Pentoshi pointed out that once Bitcoin breaks through $106,000, it will herald the beginning of a new round of gains.
But some analysts warned that if the support is unstable, Bitcoin will test $85,000 or even lower.
Although Pentoshi remains optimistic and believes that the market's bullish sentiment has not changed, many traders remain cautious and believe that Bitcoin's future trend is still unclear. $BTC $ETH $XRP #bybit被盗 #币安上线KAITO #山寨季來了? #鲸鱼再次买入VIRTUAL #参与投票-PI该上线币安吗?
2.23 Sunday Bitcoin and Ethereum Midnight Analysis:
From the current market perspective, Bitcoin's trend is still in a period of oscillation and adjustment. Currently, market sentiment is low, and it has failed to effectively break through the upper resistance level.
From the 4-hour chart, the Bollinger Bands are showing a parallel state, with prices hovering below the middle band, indicating that bullish momentum is somewhat weak, and a further pullback may be needed in the short term to accumulate energy.
Despite the deadlock, we remain steady at midnight, maintaining our strategy of buying on dips.
Bitcoin: 96200-95800 range to the downside, targeting 98000-98500 upwards.
Ethereum: 2760-2740 range to the downside, targeting 2820-2870.
It is true that the weather on Saturday was a delay, but currently many orders are still in floating profit, so those who have entered the market just need to hold on patiently! $BTC $ETH $XRP #bybit被盗 #钱包安全 #币安上线KAITO #Hashdex获准在巴西推出XRPETF #山寨季來了?
The Bitcoin market has suddenly changed, and the whales' actions have overturned the whole market!
Although Bitcoin has held the $90,000 position, it is difficult to cross the $100,000 mark. The market is hovering between $94,000 and $100,000, and investors are in a precarious mood.
The long-term bullish trend has not changed, but the short-term direction is confusing. Analysts warn: This is the calm before the storm!
On-chain data reveals the shocking truth: CryptoQuant shows that small investors' holdings have slowed down, retail investors have become cautious, and the enthusiasm for the bull market has dissipated.
At the same time, whales and institutions are secretly laying out, increasing their holdings frequently, and the market power comparison is seriously unbalanced. Experts call out: If retail investors do not wake up, the market may usher in violent shocks caused by whales, and price trends are unpredictable!
At noon, the ether has perfectly reached the first target. The conservative ones can stop profit and leave, while the aggressive ones can continue to look at the second target! $BTC $ETH $XRP #bybit被盗 #钱包安全 #山寨季來了? #SEC质押 #你看好哪一个山寨币ETF将通过?
Analysis of the Bitcoin and Ethereum market on Saturday, February 22:
From the current market, the market trend shows positive signals, and the strong technical indicators suggest that the market is about to reverse. The price of the currency has strongly broken through the lower track of the Bollinger Bands and jumped up to near its upper limit, showing clear signs of bottoming out and rebounding.
After the MACD indicator intersected at the bottom, the two lines rose together, releasing a positive signal of kinetic energy conversion. At the same time, the three lines of the KDJ indicator touched the oversold area, indicating that a golden cross is about to form, further confirming the potential for a market rebound.
In summary, today's investment strategy tends to deploy long positions on dips and accurately capture potential upside in order to make steady profits in the rebound.
Operation suggestions Big cake is around 95500-96000, and it is expected to be around 98000-98500