Bitcoin and Ethereum Evening Trading Suggestions and Future Trend Analysis: 2/16 The current market shows a clear downward trend, with technical indicators displaying strong bearish signals, especially the bearish engulfing candlestick pattern, indicating a potential bearish reversal. Although short-term moving averages are trending upward, the price has broken through multiple key support levels, forming a bearish trend. There are conflicting signals, and the market may face further downside risk in the short term. Meanwhile, external market sentiment remains neutral, with complex emotions. Despite positive signals such as whale fund inflows, Bitcoin outflows and scam incidents have raised market concerns. Overall, the sentiment is mixed with both bulls and bears, further increasing market uncertainty. Given that the current market is in a clear downtrend(the main premise), and the candlestick pattern shows a bearish engulfing pattern, indicating a potential bearish reversal(the secondary premise), adopting an aggressive short position near resistance levels is a high-probability choice aligned with the current trend and confirmed by clear signals(Conclusion). Trading suggestions:
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Bitcoin and Ethereum Evening Trading Suggestions and Future Trend Analysis: 2/16 The current market shows a clear downward trend, with technical indicators displaying strong bearish signals, especially the bearish engulfing candlestick pattern, indicating a potential bearish reversal. Although short-term moving averages are trending upward, the price has broken through multiple key support levels, forming a bearish trend. There are conflicting signals, and the market may face further downside risk in the short term. Meanwhile, external market sentiment remains neutral, with complex emotions. Despite positive signals such as whale fund inflows, Bitcoin outflows and scam incidents have raised market concerns. Overall, the sentiment is mixed with both bulls and bears, further increasing market uncertainty. Given that the current market is in a clear downtrend(the main premise), and the candlestick pattern shows a bearish engulfing pattern, indicating a potential bearish reversal(the secondary premise), adopting an aggressive short position near resistance levels is a high-probability choice aligned with the current trend and confirmed by clear signals(Conclusion). Trading suggestions:
Bitcoin: Short around 70,000-70,500, target near 69,000-68,500
Ethereum: Short around 2,030-2,050, target near 1,950-1,900#当前行情抄底还是观望? #Gate广场发帖领五万美金红包 #Gate春节赛马红包嘉年华