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

The Bitcoin/Ethereum buy orders placed at the current price of 66800 and 1940 last night have reached the target levels of 68800 and 2015 respectively. Currently, the price has pulled back after another surge, but the overall support below is strong. As long as the trading range holds, there is still room for further upward movement. The 4-hour chart shows signs of stabilizing and rebounding. In the early morning, pay attention to the short-term support levels of 66000 and 1900. If these support levels hold, the price is likely to continue its rebound. On the daily chart, the previous candlestick encountered resistance around the 7-day moving average, the Bollinger Bands are widening, and short-term moving averages are trending downwards. The 4-hour candlestick shows a rounded pattern, testing the lower Bollinger Band support. The MACD fast and slow lines have crossed downwards, and the volume bars are increasing, indicating a bearish bias and a potential for a rebound after another test of the bottom. Trading suggestions for early morning: Continue to buy Bitcoin around 66300 to 66700, with a target of around 69000 to 70000; Continue to buy Ethereum around 1920 to 1940, with a target of around 2000 to 2050. If it breaks through, continue to look for further upside, with targets at 65500 and 1880.