Every year on 2.19, Jing Yi has a special day in the crypto circle. No matter what experiences, never forget the original intention, and forge ahead! Now, let's talk about the market! Yesterday, Bitcoin broke below the bear market support line, and during the US trading session, it rebounded to confirm resistance at the trendline, continuing to operate in the breakdown zone, with short-term downside risk still present.
From a technical perspective, Bitcoin must stabilize above 680-690 to open up upward space; 700-720 remains the strongest resistance zone in this round.
Trading Suggestions For Bitcoin, short near 671-684 on rebound, target lower at 663-651 For Ethereum, short near 1980-2020 on rebound, target lower at 1940-1880
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
2.19 Jing Yi's Operational Suggestions
Every year on 2.19, Jing Yi has a special day in the crypto circle. No matter what experiences, never forget the original intention, and forge ahead! Now, let's talk about the market! Yesterday, Bitcoin broke below the bear market support line, and during the US trading session, it rebounded to confirm resistance at the trendline, continuing to operate in the breakdown zone, with short-term downside risk still present.
From a technical perspective, Bitcoin must stabilize above 680-690 to open up upward space; 700-720 remains the strongest resistance zone in this round.
Trading Suggestions
For Bitcoin, short near 671-684 on rebound, target lower at 663-651
For Ethereum, short near 1980-2020 on rebound, target lower at 1940-1880
Personal opinion, for reference only
#Gate广场发帖领五万美金红包