Wednesday 🗓️ 'February 11' Little Year
In the human world, it’s a Little Year, and all K-lines are in long red 🧨
May you avoid liquidation in contracts, and spot prices only hit new highs…
Bitcoin (BTC) and Ethereum (ETH) are currently in a 'short-term weak balance in a medium-term downward trend'
Short-term rapid decline, both long and short positions are suffering significantly; don’t think it’s 'cheap' just because the price dropped from 70,000 to 66,000. In a downward trend, there are still lower levels to consider. The current core strategy focuses on short positions, with long positions as a supplement.
Bitcoin (BTC) big cake 🫓 is likely to maintain a range of 67,000 - 72,000 in the short term. The hourly K-line shows that the price is moving down along the lower Bollinger Band, with MA(5) and MA(10) showing a bearish arrangement. Trading volume has increased, indicating strengthened downward momentum. If there’s no rebound after the U.S. stock market opens, it will test the 64,200-64,500 area. Upper resistance: 68,300-69,900-70,500
Big cake 🎯 BTC: 67,000–67,500 short, target 66,000–65,500. If it breaks below, pay attention to 64,000.
Ethereum (ETH) is weaker than the big cake 🫓 Bitcoin, oscillating around 1,950-2,050 in the short term. The 4-hour K-line is at the lower Bollinger Band, and the SUPERTREND indicator clearly points to a bearish trend, with rebounds being extremely weak. ETH is weaker than BTC. Upper resistance: 1,990-2,100. If BTC loses 66,000, ETH will accelerate towards 1,870 first.
Ethereum 🎯 ETH: 1,950–1,970 short, target 1,920–1,880. If it breaks below, pay attention to 1,830.
Core strategy: Pay attention to the performance after the U.S. stock market opens and whether there are sudden macro policy benefits or drawbacks. It is recommended to sell high and buy low, strictly control positions, and set strict stop losses. If BTC or ETH breaks through key resistance/support with volume, the strategy needs to be adjusted in a timely manner, and specific market points will be based on real-time prompts from Ziqing.
