2026-02-20 09:02:03

#eth Start choosing a direction

1. This intriguing consolidation did not experience explosive volatility during the entire holiday as in previous holidays. This holiday was particularly understated, due to the calm before a major market move and external environmental factors.

2. The short-term trading scene is stronger than #eth , which is quite normal. Because before a major market move, it usually first pulls up #btc . So patiently watching #btc is equivalent to understanding the entire trend. Today is Friday, will the market fluctuate with small rebounds following the flow?

3. #比特币 has formed a bearish pennant pattern here. If the daily closing price exceeds $2,100, this pattern will be invalidated and may push Ethereum up toward the $2,400 level, so at this point, it’s more suitable to continue holding the spot.

ETH1.37%

BTC1.05%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes