#BTC 📊 Tonight (February 14) Bitcoin Price Overview

Current Price (around 20:00): approximately $68,800, 24-hour increase of about +3.9%

🔍 Technical Outlook (Key Tonight)

- Core Range: 67,000–70,000 is the main battlefield for bulls and bears tonight

- Support Levels:

- Short-term: 67,000 (a dip below may test 65,000)

- Strong Support: 60,000 (a key psychological/technical level, breaking may trigger liquidations)

- Resistance Levels:

- First Resistance: 69,500–70,000 (previous dense trading zone)

- Second Resistance: 72,000–74,000 (strong resistance)

- Signals:

- 4-hour: Oscillating upward structure, 67,000 is the dividing line between bullish and bearish

- RSI approaching overbought, MACD shows a golden cross but momentum is insufficient, risk of a pullback increases

- Futures funding rates are slightly negative, market sentiment remains bearish

🧩 Market News Impact

- US inflation data is moderate, short-term positive rebound

- US Treasury Secretary's comments are friendly, regulatory expectations improve

- On-chain: Profit cycle turns negative, short-term selling pressure persists

- Institutional ETFs are still at a loss, rebound may trigger short covering pressure

🧾 Tonight’s Market Outlook (Cautious)

- Likely to fluctuate within 67,000–70,000 range

- Breaking above 70,000 requires high volume; otherwise, false breakout is possible

- Falling below 67,000 points to support at 65,000

- Extreme scenario: dropping below 60,000 may trigger chain liquidations

✅ Trading Tips (Just a Thought Process)

- Short-term: Buy low and sell high within 67,000–70,000, with strict stop-loss

- Wait-and-see: Watch for a volume breakout above 70,000 or a confirmed drop below 67,000 before acting

- Risk Management: Volatility may increase tonight, control position sizes, set proper stop-losses