Bitcoin/Ethereum saw two buy-on-dip strategies last night. First, buy orders were placed near 66800 and 1940, which rallied to 68800 and 2015 respectively. Then, in the early morning, buy orders were placed again near 66700 and 1920-1940, which rallied to 68300 and 1987 respectively. The overall price movement was predictable. Currently, the market remains in a narrow range, and it is expected to continue forming a bottom. Watch for support levels below. The 4-hour chart shows recent price fluctuations with intense competition between bulls and bears. Long shadows indicate both selling pressure above and support below, suggesting the market is entering a consolidation and rebound phase. On the daily chart, consecutive bearish candles with high volume confirm a clear downtrend. The current candle is a small bullish candle, but the volume is shrinking, indicating insufficient upward momentum. Technically, the MACD (4-hour) indicator shows both DIF and DEA below the zero line, with DIF below DEA. The MACD histogram is negative, indicating an overall bearish trend. However, the MACD histogram is converging, suggesting a weakening of short-term downward momentum. Trading recommendations: Buy Bitcoin around 66300-66800, with a target of 69000-70000; Buy Ethereum around 1930-1950, with a target of 2010-2050.
Gu Jingci: Bitcoin/Ethereum Trading Strategy with Market Analysis (February 12th)
2026-02-12 05:17:06
Share
Disclaimer: This article is copyrighted by the original author and does not represent MyToken’s views and positions. If you have any questions regarding content or copyright, please contact us.(www.mytokencap.com)contact
About MyToken:https://www.mytokencap.com/en/aboutusArticle Link:https://www.mytokencap.com/en/choicenews/3022922.html