Analyst Liangqiu: 2.21BTC/Ethereum surged Sideways on 2.21, can it break the 100,000 mark again?



The market always walks through hesitation. BTC/Ethereum laid out twice around 96500 to 97000 and near 2710 for a retracement of long positions yesterday. The market oscillates overall, repeatedly reaching the 98600 and 2770 levels, with good opportunities for scalping. Currently, there is repeated pressure and retracement from the upside, approaching the resistance level. We can slightly shift our strategy to focus on short positions. The trend structure has been under pressure since Ethereum's retracement from the high of 2760, with the hourly middle Bollinger Band already showing resistance, and resistance is present between 2800 and 2850.

Bitcoin Ethereum daily and twelve-hour K-lines show that the Bollinger Bands are extremely contracting, indicating a turnaround is imminent. In terms of candlestick patterns, recent K-lines demonstrate a clear upward trend, with long lower shadows appearing on the daily chart, indicating strong buying support at lower price levels. In terms of technical indicators, the 4-hour MACD shows a bullish arrangement, with the DIF line crossing above the DEA line, and the histogram continuously expanding, indicating that the market is in an upward momentum. However, during the upward movement, there is room for pullback and consolidation after multiple attempts to break through the highs, with attention to the resistance levels around 2800 and 99000.

On the operations side, Liangqiu suggests entering short positions near BTC98500 to 99000, with a target near 97000; enter short positions near 2770 to 2800 for Ethereum, with a target near 2700.

In fact, recently, the continuous layout and continuous profit have attracted a lot of attention, which can be clearly seen by friends. At present, the market is mainly in a sideways trend, and the publication is practical, focusing on real-time guidance.#AI Agents 板块代币普涨 #MKR & PYTH 上涨 #IP & BERA价格反弹
BTC-1,96%
ETH-0,79%
PYTH-4,24%
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AisyahAnishavip
· 2025-02-21 08:19
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