Gu Jingci: Bitcoin/Ethereum Trading Strategy with Market Analysis (February 11th)

Bitcoin/Ethereum was again positioned for buying on pullbacks yesterday. The price briefly dipped to around 67800 and 1985 before rebounding to 70000 and 2046 respectively. We promptly advised adding to positions during the pullback, but Ethereum's overall weakness prevented a strong rebound. On the 4-hour chart, recent candlestick patterns show a narrow price range with many long lower shadows, indicating some buying support. However, the large volume bearish candles on February 10th showed strong selling pressure. The latest candlestick is small-bodied, indicating a temporary balance between buyers and sellers, with the market in a consolidation phase. Technically, the MACD (4-hour) indicator shows both DIF and DEA below the zero line, with DIF below DEA, and the MACD histogram negative, indicating a downtrend on the 4-hour chart. The narrowing of the negative MACD histogram may suggest a weakening of short-term downward momentum, but a golden cross has not yet formed. Given the slow price action, patience is advised as we await a rebound after consolidation. Trading suggestions: Buy Bitcoin around 68300-68800, with a target of 70000-71000; Buy Ethereum around 2000-2020, with a target of 2100-2150, and further targets at 67500 and 1970. Daily analysis and strategies have a high win rate and are available for viewing. However, this analysis and strategy are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time information.