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You can follow the public account Gu Jingci, focused on mainstream coin guidance and layout. Bitcoin/Ethereum began to rise steadily from the low points of 67300 and around 1940, accelerating upward, with the overall trend being strong and breaking through recent daily highs. In fact, those who pay attention to the market should understand that this wave of volatility stems from the rapid decline on February 5, where the high points during the drop were around 73300 and 2170, which can serve as a short-term pressure point to watch for a pullback.
The daily candlestick chart shows a massive bullish candlestick that engulfed the previous day's losses, indicating that market sentiment is extremely optimistic and bullish forces are strong. On the 4-hour chart, the last two candlesticks closed bullishly, but the trading volume has shrunk, showing certain selling pressure above, which may slow down the upward momentum in the short term. Especially the latest 4-hour candlestick's trading volume is significantly lower than the previous two bullish candlesticks, combined with its longer upper shadow, which may suggest that short-term buying power is weakening, and caution is needed for a short-term pullback.
Early morning trading advice: Sell Bitcoin at the current price around 73000 to 73500, target 70000 to 71000; Sell Ethereum at the current price around 2140 to 2160, target 2040 to 2070, if broken continue to look down at 69000 and around 1980, nephew at 74500 and 2200.
Daily analysis and strategy have a high win rate, all can be seen, analysis and strategies are for reference only, please bear the risk, the article review publication does not have timeliness, specifics are subject to real-time!More strategies can be followed on the public account: Gu Jingci
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