Thursday🗓️ "February 12th"



Currently, Bitcoin (BTC) and Ethereum (ETH) are in a technical correction phase following the "non-farm payroll data bearish" impact. The market shows prices oscillating above key support levels, but the rebound momentum is weak, and the overall trend remains bearish.
$BTC
BTC price is repeatedly testing the bottom in the 67,000 - 68,000 range, with Bollinger Bands narrowing and volatility decreasing, indicating a "breathing period" after a major drop. Resistance levels: 68,800-70,000.
Bitcoin🎯: 68,500–68,800 short, target 67,800–67,000. If broken, watch 66,500.
$ETH
ETH: The trend is weaker than BTC, with prices struggling in the 1,900 - 2,000 range. Multiple failed attempts to break above the $2,000 mark indicate heavy selling pressure overhead. Resistance level: 2,000-2,030.
Ethereum🎯: 1,990–2,010 short, target 1,930–1,900. If broken, watch 1,880.

Currently, the market is in a "extreme fear" and "oversold" technical rebound game phase, but the daily downtrend has not reversed. The market is more likely to continue its "downtrend consolidation." It is recommended to operate with light positions and short-term strategies, strictly control positions, and set tight stop-losses. If BTC or ETH breaks through key resistance/support levels with high volume, strategies should be adjusted promptly. Specific market levels will be based on real-time alerts from Ziqing's live trading signals.
#非农数据大超预期
BTC-0,08%
ETH-0,67%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)