"Market Analysis for February 12: Focus on Support at Key Daily Levels, Continue Shorting After Rebound"

Yesterday's market finally experienced some volatility. On the daily chart, Bitcoin started intentionally testing the previous large bullish candle. The key support levels on this daily bullish candle can initially be viewed as potential rebound points. If there is no reaction, continue to look for shorting opportunities. If a rebound occurs, consider the overall daily trend and then find entry points for short positions. So, the recent strategy is quite clear: first look for rebounds, enter with small stops, and continue to look for short opportunities after rebounds.

$BTC Bitcoin at 69,800 remains a significant resistance level. If it breaks through, watch for resistance at 74,800. Support levels are at 64,100 and 62,500.
$SOL The resistance for Solana is at 84.5. When approaching this level, first observe resistance. Support levels are at 75.3 and 71.
$ETH Ethereum's support at 1895 was missed by 6 points yesterday. The next support levels are at 1825 and 1780. Resistance above is at 2050; observe whether it encounters resistance and pulls back. If it rises further, resistance is at 2180.

In summary, as Bitcoin begins testing previous support levels, if the price reaches these key support zones, it’s best to watch for rebounds. After a rebound, look for entry points for short positions. This rhythm is likely to be the main trend from this week to next. If you don’t understand the market or are unsure about the direction, welcome to join the Chief Analyst. Click to join the Chief Analyst community (Follow the Chief for daily market analysis and precise entry points. Long and short ideas are for reference only. Strict stop-loss and take-profit management).