February 22nd Thought Analysis

Bitcoin appears to be rallying, but it hasn't been able to firmly break above the key resistance level. After a surge, it immediately pulled back, showing continued signs of decline and breaking through the consolidation range. The previous support at the bottom of the range has now become resistance. If it can regain this level, there is a chance for a sideways upward movement; if not, first watch the support around 67449. Holding this support means range-bound consolidation; breaking below it will lead to further testing of 66697, and if that support fails, the price could drop to the 65595-65232 zone.

$BTC Trading strategy: A volume breakout above 68228 can be considered a long entry to catch a rebound, with stop-loss set properly; a volume breakdown below 67505, if it rebounds but cannot regain the level, then consider shorting. The hourly chart stabilizes above 68430, with targets at 69318 and 70250; on the 4-hour chart, a breakdown below 67675 suggests support at 66598 and 65089. Resistance levels are 68430, 69318, 70250; support levels are 67511, 66618, 65678.

Ethereum's trend is weaker, with no significant upward effort. Most K-line movements are ineffective fluctuations, and it has broken the consolidation pattern. To rebound, it must re-enter the consolidation zone; otherwise, it is prone to decline. Focus on the support zone between 1961-1940. Holding this zone prevents deep drops; if it cannot hold, the next support is at 1905, and if broken, down to 1865.

$ETH Trading strategy: A volume breakout above 1974 can be considered a long entry, with stop-loss on a breakdown and reversal; a volume breakdown below 1968, if it rebounds but cannot regain the level, then consider shorting with proper stop-loss. A test of 1921 support can be a good long entry; if broken, stop-loss at 1875. On the left side, a long order can be placed at 1846, with stop-loss at 1819. The hourly chart breaks above 1985, with targets at 2004 and 2039; a rebound near 2029 can be shorted, with a stop-loss above 2053. Resistance levels are 1985, 2004, 2039; support levels are 1954, 1905, 1871. On the 4-hour chart, a breakdown below 1959 suggests support at 1908 and 1863.