Emperor Gu Jing: 2.18 Bitcoin/Ethereum Continues to Profit from Long and Short Positions, Evening Market Analysis

Bitcoin/Ethereum have been performing quite well overall recently. Last night, I re-entered long positions during the pullback, and today during the daytime session, prices rose as expected to 68,400 and the 2038 line. Currently, the market has once again surged and then pulled back; the overall oscillating trend remains unchanged. However, the main trend of Bitcoin remains weak, with highs and lows trending downward. The latest 4-hour candlestick is a large bearish candle with extremely low volume, indicating market hesitation and wait-and-see sentiment after a significant decline. The previous 4-hour candle was bullish with increased volume, suggesting some support below, but the bearish force still dominates. Overall, the market remains volatile and has not stabilized effectively.
On the daily chart, recent days show a continuous oscillation, with prices moving sideways and weak continuation of bullish or bearish momentum. On February 15th, a large bearish candle appeared, indicating panic selling or main force distribution. Although there was some rebound in the following days, prices failed to break previous highs and were accompanied by upper shadows, indicating heavy selling pressure above. The current daily closing price is below the opening price and has a lower shadow, showing short-term support. Technical indicators show the MACD line is positive but converging, indicating that short-term downward momentum is easing, but overall rebound strength is insufficient.
Evening trading suggestions: Buy near 66,800 to 67,300 for Bitcoin, targeting 69,000 to 70,000; buy near 1,950 to 1,970 for Ethereum, targeting 2,050 to 2,100.
Daily analysis and strategy have a high success rate and are visible; however, analysis and strategies are for reference only. Please manage your own risks. The article has been reviewed and published but may not be timely; please refer to real-time data!