Funds are betting again, shorts are retreating cautiously, be careful when chasing after them! 2.19 strategy for trading Bitcoin.

Yesterday, the long strategy given out made a small profit and exited. The long position at 95200 was liquidated again in the evening, and the coin price dropped to a low of 93333 in the early morning. Ethereum touched the 2604 level at the lowest point. However, there was a quick rebound, mainly because the U.S. stock market also rebounded after a drop. Currently, the coin price has rebounded above 95000, and Ethereum has also rebounded to around 2680!
Technically, from a daily perspective, another candlestick similar to a doji with a long lower shadow has been formed. The currency price is still between the middle and lower rails, and the Bollinger Bands are significantly contracting. The KDJ three lines have clearly slowed down in the downward cross, and the MACD two lines are moving downward, but the volume has not increased significantly! There are signs of a halt in the decline on the daily chart, so everyone should be cautious about short positions!
Looking at the four-hour chart, the Bollinger Bands have narrowed again after widening. The coin price fell below the lower Bollinger Band in the early morning. Currently, the coin price is trading below the middle band. The KDJ three lines have a bearish crossover and are diverging downwards, while the MACD is also turning upwards from a low level. Trading volume has significantly decreased, and a short-term rebound is expected in the four-hour timeframe as well!
From a comprehensive market perspective, there was a net outflow in the spot ETF market last week, but funds have started to bet on long positions one after another after the proposal of the cryptocurrency reserve bill in Texas. Therefore, everyone should not blindly chase short positions! For intraday operations, Conan suggests focusing on retracement ambush for long positions. Pay attention to resistance levels at 97000, 98000, 98800, 100000, 101000, 102500, and 103000, and support levels at 94000, 93300, 92600, and 91000.
2.19 Big Pie Operation Strategy: Aggressive players enter long at 94500-95000, conservative players enter at 93500-94000, and defend near 92600. The target is to look around 96000-96500-97000. If broken, look around 98000-98800, and hold the broken position depending on the situation!
Short positions idea: Try to enter short at 98000-98500, with defense near 99000, target at around 97500-97000-96500-96000
2.19 Ether operation train of thought: aggressive traders retreat to 2620-2650 for long positions, conservative traders enter at 2580-2600, defend near 2530, target 2750-2800, break through to 2850-2900.
Short position strategy: Enter the market for short positions at 2800-2850, with defense above 2880, target around 2750-2700, and break below to target around 2680-2650.
The trend of range oscillation has not been broken yet. As long as you are not greedy, you can still make some profit. Although the market is relatively weak, the support below is still relatively strong and has not been broken. Therefore, I believe that the price of the coin only needs a positive news to rebound, so inserting a needle downwards is an opportunity to ambush for long positions!#参与动态创作者发帖挑战赢$3,000奖励 #板块币种下跌，持有还是卖出？ #多种加密货币ETF申请中