Track the real-time hotspots in the currency circle, seize the best trading opportunities. Today is Wednesday, February 12, 2025. I am Wang Yi Bo! Good morning, crypto friends ☀ hardcore fan check-in 👍 like and get rich 🍗🍗🌹🌹

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Overnight, the three major U.S. stock indexes closed with mixed gains and losses, with the Dow up 0.28%, the S&P 500 up 0.03%, and the Nasdaq down 0.36%. Tesla fell more than 6% with five consecutive daily declines, hitting a new low since November last year. Federal Reserve Chairman Powell attended a semi-annual monetary policy testimony at the Senate Banking, Housing, and Urban Affairs Committee, reiterating no need for a hasty rate adjustment, still focusing on achieving the dual-mandate goals, and no change to the 2% inflation target. An institutional Fed sentiment model rated Powell's remarks as slightly hawkish but within the neutral range. Powell continued to be 'ambiguous': maintain rates if inflation does not improve; cut rates if the economy further slows. Tonight's 21:30 CPI data will provide some reference for the future direction of the Fed's policy and will also have a short-term impact on the cryptocurrency market!
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Bitcoin failed to attack multiple times within the day, and in the late session, it continuously broke through support, with bearish sentiment slightly taking the lead. The lowest point touched was 94817, where the rebound stopped. From the daily technical chart, it shows an alternating pattern of rises and falls, with the overall market structure in a hovering state. Both sides are stuck in a subtle game deadlock, preparing for a breakthrough, quietly waiting for that ray of light to break the balance. The downward momentum in the short term is slowing down. If the price can hold above 95500, it is expected to further test the resistance range of 96500-97200. In addition, if the hourly K-line shows a bullish pattern (such as a hammer line or engulfing pattern), it will strengthen the rebound signal. It is recommended to pay attention to changes in trading volume and the breakthrough of key resistance above, and short-term operations can be lightly positioned in long orders.
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Ethereum is also suppressed by short sellers, once fell back to the 2555 support level and stopped the rebound. The daily chart of Ethereum maintains a downward channel operation, touching the upper channel during the day will lead to a pullback. Currently, pay attention to whether the short-term can break through the lower channel at 2550 as support and turn from a downtrend to a volatile adjustment upwards. Currently at the bottom support level of the hourly chart, it will oscillate for a period of time and go through a bottoming process, so we need more time when going long. The battle between long and short positions in the evening will definitely be intense, so we need to prepare in advance.