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February 21 Cryptocurrency Market Analysis
【Market is too weak, continuing to wait】
Strategy: ✅Control your hands❤️Control your money✅
1⃣ Major Market 【BTC】 【ETH】 Current key support levels:
【BTC】
Resistance at 690,000, wait for a pullback to assess resistance
【ETH】
Resistance at 2000, wait for a pullback to assess resistance
2⃣ 【ETH & BTC】 Lunar New Year did not see major movements
The US and Iran are temporarily not experiencing significant conflicts
However, BTC is lacking upward momentum, liquidity is poor, so focus on breaking through resistance
Monitor key BTC: Breakthrough of 69,000 resistance, ETH: 2000 resistance
Those with long positions can take profits; those without positions should wait and observe the market. No significant gains in a week, liquidity is poor, so wait for a bullish or bearish candle to break through before making decisions.
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All opinions are personal views only
Not to be taken as any investment advice