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Analyst Chen Shu: Bitcoin and Ethereum are experiencing weak and volatile trading on February 13th; continue to treat it as a range-bound market.

2026-02-13 04:36:13
Shareshare
Analyst Chen Shu: Bitcoin and Ethereum are in a weak and volatile market on February 13th. Continue to treat it as a range-bound trade. Looking at the daily chart for Bitcoin, the price continues to weaken, failing to break through the resistance of the 5-day and 10-day moving averages. It is expected to continue its weak and volatile trend in the short term. The key resistance level to watch for a rebound is the 30-day moving average on the 4-hour chart, around 6.85/6.95. Until this resistance level is broken, continue to treat it as a short-selling opportunity. Looking at the daily chart for Ethereum, the price is also continuing to decline, consistently suppressed by the 5-day and 10-day moving averages around 2000. On the 4-hour chart, the key resistance level to watch is the 30-day and 60-day moving averages around 2020/2050. Until this level is broken and held, continue to treat it as a short-selling opportunity. Midday Trading Strategy (Written at 11:30 AM): BTC: Short at 6.73, add to short position on a rebound to 6.85, target 6.6/6.5; Long at 6.5/6.4 for a potential rebound to 2000 points. ETH: Short at 1970, add to short position on a rebound to 2030, target 1900/1850; Long at 1870/1820 for a potential rebound of around 100 points. Daily analysis strategies have a very high win rate! Analysis is hard work, so please give a free follow, save, like, and comment. Thank you! Welcome to leave comments below for discussion; I will reply to each one.
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