Liying Chat Coin: No Volume Breakout at 3.8, All Rebounds Are Trap for Fakeouts! Latest Bitcoin and Ethereum Market Analysis and Trading Suggestions

Bitcoin is currently priced at 67,850. Liying judges that there is a clear downtrend on the 2-hour and daily charts. Recently, there have been consecutive large bearish candles, indicating that market selling pressure dominates. Currently, the 2-hour K-line around 67,600 has some buying support. MACD confirms that the market is in a strong selling trend. The main force is well below EMA7, EMA30, and EMA120, and all three moving averages are arranged in a bearish order. Liying’s approach remains unchanged: as long as the support below is not broken, consider opening short positions.

Short-term references:

- Short positions at 67,500 and 67,000, exit if below 66,500, target above 68,500 aiming for 70,000
- Long positions at 69,500 and 70,000, exit if below 70,500, target below 68,000 aiming for 67,000

Ethereum (ETH) latest market analysis

Before publication, Ethereum is priced at 1,980. Liying observes that the current 2-hour market has experienced a sharp decline with increased volume and is now in a low-range consolidation. The latest K-line shows a slight upward movement but has failed to break through recent highs, indicating insufficient rebound momentum. The daily chart confirms a strong correction after the previous rally, suggesting that short-term downward momentum has weakened but the rebound strength is lacking, possibly indicating a continuation of the decline or a brief consolidation. MACD on the 2-hour chart is in a bearish trend, with EMA arranged in a bearish order, indicating downward trends in the short and medium term. EMA7, as a short-term moving average, is currently close above the price, forming immediate resistance. The short-term approach remains unchanged: as long as the support at the bottom is not broken, consider opening short positions; if broken, consider opening longs.

Trading ideas:

- Short positions at 1,900 and 1,850, exit if below 1,800, target above 2,000 aiming for 2,150
- Long positions at 2,100 and 2,150, exit if below 2,200, target below 2,000 aiming for 1,950

All content is exclusively original by Liying. Please indicate the source when reprinting! Due to the delay in article review and publication, market conditions change rapidly. The above suggestions are for reference only; trade at your own risk. We hope Liying’s insights will be helpful to you!

The content is real-time and for reference only; trade cautiously. #2月非农意外负增长