Gu Jingci: 2.16 Bitcoin/Ethereum early session long positions successfully pushed higher. Currently, a pullback can be used to continue adding longs.

The early session long positions around 68000 to 68500 for Bitcoin and Ethereum, and near 1930 to 1950, successfully broke through and reached above 70000 and 2020, respectively, gaining good space. At present, the market has pulled back, and overall has been oscillating back and forth in recent days, with volatility gradually narrowing. This indicates that a trend reversal is imminent, and a market turning point is near. On the 4-hour chart, candlestick patterns show mostly small bodies with long upper and lower shadows, indicating hesitation and a struggle between bulls and bears at low levels. However, the rebound momentum is weak, and the downside is limited. On the daily chart, a large bearish candle with a long lower shadow appears, accompanied by high trading volume, showing strong selling pressure. The long lower shadow also suggests some buying support below.

From a technical indicator perspective on the 4-hour chart, the DIF and DEA lines are both below the zero axis, with DIF continuously crossing below DEA. The MACD histogram is negative and expanding, indicating a clear bearish trend with strong bearish momentum. Recently, the trading volume on the 4-hour candles has decreased, suggesting that after a sharp decline, the market has entered a wait-and-see and consolidation phase, with both bulls and bears weakening.

Evening and early morning trading suggestions: Continue to go long around 67800 to 68300 for Bitcoin, with targets near 70000 to 71000; for Ethereum, continue to go long around 1950 to 1970, with targets near 2050 to 2100.

Daily analysis and strategy success rates are high and can be observed. Please note that analysis and strategies are for reference only; trade at your own risk. The article review and publication do not guarantee timeliness; please follow real-time market conditions! #Gate广场发帖领五万美金红包 #美国核心CPI创四年新低 #比特币下一步怎么走？