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#ETH 2025.2.19 Morning 9:18 BTC/ETH market analysis
The market eliminated 2 billion liquidity this night, 124,960 bankruptcies to zero! ETH retraced at around 2-3 am and hit the aggressive point 2590-2615 (lowest 2604)! BTC hit the second buy-in point 94600, the second lowest buy-in point 92568 was not hit, but the lowest was 93321, the second support point 93886 was hit!
How do you see, last night this wave all have the opportunity to roll the pig's feet again! In the early session, BTC hit 95799, and ETH hit 2678!
There is enough profit-taking space!
BTC Focus
Support 92500/91800/89500
Pressure temporarily set at 97450
ETH focus
Support 2515/2403/2343
Pressure temporarily set at 2735
At this moment, BTC/ETH continues to fluctuate and explore the bottom in a moderate manner. As the market continues to decline in the downward trend, be patient and wait for opportunities in the short term. Long-term bottom fishing is not even worth considering in the past few days, it is currently only suitable for short-term trading!
The market has been filled with recent news. Musk revealed that there are people over 300 years old receiving social security in the United States. Those over 20 million are centenarians. Along with important economic indicators such as the Non-Farm Payrolls data!
Sao Ge has long said about this data that it serves the government, the economy, and the vested interests. If the people who control the world's resources make the laws, would they make laws that are not in their favor?
Only the U.S. Department of Labor knows whether it's real or not. What the market sees is what the government wants you to see! So don't pay too much attention to it!
#GT