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February 15 Morning Market Analysis
Currently, Bitcoin is trading sideways around 2080, with multiple attempts to break through the resistance level at 2100 failing. Trading volume continues to decline, and the momentum for follow-up buying is insufficient. Without significant volume, it’s difficult to achieve an effective breakout. Under this trend, the short-term risk of a pullback is significantly increased, with a high probability of retesting the support zone downward. Trading strategies should mainly follow the trend with shorting opportunities.
Bitcoin (BTC)
Direction: Short
Entry Range: 69,900-70,700
Target Range: 68,800-67,000
Ethereum (ETH)
Direction: Short
Entry Range: 2,097-2,132
Target Range: 2,045-2,000
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