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
BTC-1.83%
View Original
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)