Gu Jingci: On 2.12, Bitcoin/Ethereum retraced multiple long positions and broke through resistance levels. Continue to watch for bullish retracements in the early morning.

The Bitcoin/Ethereum white session once again set up long positions around 66,800 and 1,950. The market also surged to around 68,400 and 2,000. In fact, yesterday, there were multiple entries long around 19,20 to 19,40 and near 66,700. The market repeatedly retraced as expected and then surged again. The overall space is visible. Currently, the market continues to fluctuate narrowly and is constantly testing the upper resistance. The current trend remains below the middle band of the Bollinger Bands, with candlesticks showing a pullback after a rally. There is heavy selling pressure above. The Bollinger Bands are widening, indicating potential continued consolidation in the short term. However, once a key short-term resistance is broken, the market may rebound again.

Early morning trading suggestions: Buy around 67,000 to 67,500 for Bitcoin, with targets near 69,000 to 70,000; continue to buy Ethereum around 1,940 to 1,960, with targets near 2,040 to 2,080.

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