Track real-time hotspots in the currency circle, seize the best trading opportunities. Today is Tuesday, February 18, 2025. I am Wang Yibo! Good morning, coin friends ☀ hardcore fan check-in👍 like and get rich 🍗🍗🌹🌹
💎 💎 Ethereum rose independently in the intraday trading yesterday, followed by the Ethereum effect, and the entire Defi sector and L2 sector immediately followed the rise. Optimistic expectations for the Ethereum Spectra upgrade are that it may go live on the mainnet on April 8th, with the testnet starting on February 24th. And with each upgrade, there will be a wave of speculation, institutions should not miss this opportunity. With a positive market outlook after the landing of various negative factors, what is being tested now is the patience of hodlers! The consolidation phase may be a period of accumulation before taking off. Many institutional investors are quietly positioning themselves at low levels. Once the market receives positive news, the overall market may quickly rise, ushering in a new bull market. 💎 💎 Bitcoin's intraday market maintains a narrow range of fluctuations. After briefly surging to 97000 in the evening, it fell under pressure and retraced deeply to 95139 in the early morning before the bulls started to rebound and recover. The highest point reached in the early morning was 96396, where it faced pressure. The current short-term market remains weak, showing signs of entering a shrinking oscillating downward trajectory. The consecutive rebounds and retracements actually imply the potential risk of breaking through the downside. The hourly chart's candlestick patterns mostly exhibit characteristics of washing out, lacking clear directional guidance. It can quickly recover lost ground with bullish candles after a series of bearish candles, showing rapid but unsustainable declines and a lack of breakthrough power in the upswing. Within the shrinking oscillation, waiting for a substantial volume breakthrough of the candlesticks, short-term operations still maintain high positions in the range and low positions in the lows, combining the hourly chart patterns to find entry points during trading. 💎 💎 Ethereum broke away from the overall market yesterday and showed an independent trend. After probing the 2632 level at noon, it quickly rebounded. The highest point in the evening touched the 2848 level but faced pressure. Ethereum continued to probe lower in the midnight, reaching a low of 2685 before attracting bulls to rebound. The highest rebounded to 2777 in the early morning. Currently, on the 4-hour timeframe, it continues to retreat, with the K-line breaking through the short-term moving averages, indicating a weakening trend in the short term. However, the technical formation on smaller timeframe trends has begun to gradually adjust and repair, and a rebound and repair trend emerged in the final trading session. After receiving a lower shadow in the hourly chart, today did not make a new short-term low. It is currently repeatedly testing the high points of the range but has not yet broken through. It retraces back to the range again. In the short term, it is still consolidating around the range, with the range shrinking. After briefly probing high and facing pressure last week, this week's opening did not continue the high probing. Yesterday's oscillation and decline closed lower, returning to the range and undergoing tug-of-war within. There is some space for fluctuations, but the sustainability is insufficient. Back-and-forth is the recent main theme.
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Track real-time hotspots in the currency circle, seize the best trading opportunities. Today is Tuesday, February 18, 2025. I am Wang Yibo! Good morning, coin friends ☀ hardcore fan check-in👍 like and get rich 🍗🍗🌹🌹
💎
💎
Ethereum rose independently in the intraday trading yesterday, followed by the Ethereum effect, and the entire Defi sector and L2 sector immediately followed the rise. Optimistic expectations for the Ethereum Spectra upgrade are that it may go live on the mainnet on April 8th, with the testnet starting on February 24th. And with each upgrade, there will be a wave of speculation, institutions should not miss this opportunity. With a positive market outlook after the landing of various negative factors, what is being tested now is the patience of hodlers! The consolidation phase may be a period of accumulation before taking off. Many institutional investors are quietly positioning themselves at low levels. Once the market receives positive news, the overall market may quickly rise, ushering in a new bull market.
💎
💎
Bitcoin's intraday market maintains a narrow range of fluctuations. After briefly surging to 97000 in the evening, it fell under pressure and retraced deeply to 95139 in the early morning before the bulls started to rebound and recover. The highest point reached in the early morning was 96396, where it faced pressure. The current short-term market remains weak, showing signs of entering a shrinking oscillating downward trajectory. The consecutive rebounds and retracements actually imply the potential risk of breaking through the downside. The hourly chart's candlestick patterns mostly exhibit characteristics of washing out, lacking clear directional guidance. It can quickly recover lost ground with bullish candles after a series of bearish candles, showing rapid but unsustainable declines and a lack of breakthrough power in the upswing. Within the shrinking oscillation, waiting for a substantial volume breakthrough of the candlesticks, short-term operations still maintain high positions in the range and low positions in the lows, combining the hourly chart patterns to find entry points during trading.
💎
💎
Ethereum broke away from the overall market yesterday and showed an independent trend. After probing the 2632 level at noon, it quickly rebounded. The highest point in the evening touched the 2848 level but faced pressure. Ethereum continued to probe lower in the midnight, reaching a low of 2685 before attracting bulls to rebound. The highest rebounded to 2777 in the early morning. Currently, on the 4-hour timeframe, it continues to retreat, with the K-line breaking through the short-term moving averages, indicating a weakening trend in the short term. However, the technical formation on smaller timeframe trends has begun to gradually adjust and repair, and a rebound and repair trend emerged in the final trading session. After receiving a lower shadow in the hourly chart, today did not make a new short-term low. It is currently repeatedly testing the high points of the range but has not yet broken through. It retraces back to the range again. In the short term, it is still consolidating around the range, with the range shrinking. After briefly probing high and facing pressure last week, this week's opening did not continue the high probing. Yesterday's oscillation and decline closed lower, returning to the range and undergoing tug-of-war within. There is some space for fluctuations, but the sustainability is insufficient. Back-and-forth is the recent main theme.