Yue Ying: Bitcoin and Ethereum Market Analysis for Today, 2.15. Is the mindless multi-cycle trend during the Spring Festival period reappearing? Short-term reference included



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Bitcoin Technical Analysis ————

The daily chart shows two consecutive bullish days breaking above the 7-day moving average. The market opened higher and tested around 71,000 but faced resistance. The Bollinger Bands are narrowing, with short-term moving averages flattening. The MACD fast and slow lines are turning upward, with increasing red volume bars. The KDJ is extending upward, with resistance near the 100 level. The VR indicator is consolidating around 60.

On the 4-hour chart, the price broke above the 60-day moving average and tested the upper band, encountering resistance. The Bollinger Bands are opening, with short-term moving averages trending upward. The MACD lines crossed above zero, with decreasing volume. The KDJ is near 100, turning downward after a crossover. Overall, the weekend's market movement was within expectations, with resistance levels not yet decisively broken. Based on historical cycles, the domestic Spring Festival period usually sees good gains. Whether this continues depends on whether the short-term previous high resistance can be broken in one go. Short-term, focus on resistance near the previous high; if it cannot break and stabilize, it may test lower levels again. Conversely, it could test resistance around 74,000. Support levels are the 60-day moving average and the middle band on the 4-hour chart. Short-term trading suggestions.

Bitcoin Short-term Trading Suggestions: Short at 71,800, long at 68,600 (activate strategy with profit, trade at your own risk)

Yitai Technical Analysis ————

Yitai faces resistance around 2100. Currently, it is just testing without a confirmed breakout and stabilization. Overall, follow Bitcoin's technical signals. Keep an eye on resistance near the previous high, and support around 1920. Short-term trading suggestions.

Yitai Short-term Trading Suggestions: Short at 2135, long at 1978 (activate strategy with profit, trade at your own risk)

—— I am Zhou Yueying, a teacher focused on technical analysis. If you have any questions about operations or trends, feel free to discuss and learn with me! Let's share insights and profit together! #BTC #ETH
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