Thursday 🗓️ "February 12"
Currently, Bitcoin (BTC) and Ethereum (ETH) are in a technical repair phase following the "non-farm data bearish" scenario. The charts indicate that prices are oscillating above key support levels, but the rebound momentum is insufficient, and the overall trend remains bearish.
BTC price is repeatedly testing the bottom in the range of 67000 - 68000, the Bollinger Bands are tightening, volatility is decreasing, which is a "breathing period" after a sharp drop. Resistance levels: 68800-70000.
Big Cake 🎯 BTC: 68500–68800 short, target 67800–67000, if it breaks below, focus on 66500.
ETH: The trend is weaker than BTC, and the price is struggling in the range of 1900 - 2000. There have been multiple failed attempts to breach the 2000 USD mark, indicating heavy selling pressure above. Resistance levels: 2000-2030.
Big Ether 🎯 ETH: 1990–2010 short, target 1930–1900, if it breaks below, focus on 1880.
Currently, it is a technical rebound game in the phase of "extreme fear" and "oversold," but the daily bearish trend has not reversed. The market is likely in a "downward continuation" phase. It is recommended to operate with a light position and short-term strategies, strictly control positions, and implement strict stop-loss measures. If BTC or ETH breaks through key resistance/support with increased volume, strategy adjustments should be made in a timely manner, with specific market levels based on real-time alerts from Ziqing's live trading #非农意外强劲 .
