Yueying: Bitcoin and Ethereum Market Analysis for February 15th - Will the mindless multi-cycle trend reappear during the Spring Festival? Short-term reference included.

Bitcoin's daily chart shows two consecutive positive days, breaking through the 7-day moving average. Intraday opening saw an upward test around 71000, where it encountered resistance. The Bollinger Bands are narrowing, and short-term moving averages are flattening. The MACD fast and slow lines have crossed upwards, with the volume bars turning red and increasing in volume. The KDJ is extending upwards, but watch for resistance near the 100 level. The VR indicator is consolidating around the 60 level. On the 4-hour chart, the price broke through the 60-day moving average and tested upwards, encountering resistance near the upper band. The Bollinger Bands are widening, and short-term moving averages are trending upwards. The MACD fast and slow lines have crossed above the zero line, with the volume bars decreasing. The KDJ encountered resistance near the 100 level and crossed downwards. The VR indicator is consolidating around the 90 level. Overall, the weekend's price action was as expected, with consolidation. There hasn't been a significant breakthrough of the resistance above. Historically, there have been good gains during the Chinese New Year period. Whether this year will continue this trend depends on whether the previous high resistance can be broken decisively. In the short term, pay attention to the resistance around the previous high. If it cannot break through and stabilize, it will test downwards again. Conversely, it will test the resistance around 74,000. On the downside, watch the support around the 60-day moving average and the middle band on the 4-hour chart. See short-term suggestions. Bitcoin short-term suggestions: Short at 71,800, Long at 68,600 (Take profits as needed after strategy activation). Ethereum is facing resistance around 2100. Currently, it's just testing and hasn't broken through or stabilized. The overall technical analysis is similar to Bitcoin's. Continue to watch the resistance around the previous high, and the support around 1920. See short-term suggestions. Ethereum short-term suggestions: Short at 2135, Long at 1978 (Click the image to see the homepage introduction for more cryptocurrency analysis). —I am Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about trading or trends, feel free to discuss and learn with me! Let's exchange ideas and profit together!