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🚨 Crypto Market Update – February 17
BTC: $68,425 | ETH: $1,988
“Relief rally… or liquidity trap?”
This is where discipline matters most.
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🔹 Bitcoin (BTC – $68,425)
• Immediate support: $67,800 – $68,000
• Major support: $66,500
• Key resistance liquidity: $69,800 – $70,500
As long as BTC holds above $67.8K, upside liquidity remains the target.
A clean break above $70.5K with volume → continuation potential increases.
But if $67.8K fails, momentum could quickly expand toward $66.5K.
Reaction > Prediction.
⸻
🔹 Ethereum (ETH – $1,988)
• Immediate support: $1,950
• Major support: $1,900
• Resistance zone: $2,050 – $2,100
ETH needs a strong reclaim above $2,050 to confirm strength.
Otherwise, it remains vulnerable to liquidity sweeps below $1,950.
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🔹 Market Conditions
• Volatility elevated
• Liquidity hunts active
• Breakouts require volume confirmation
• Overtrading risk is high
This is a positioning environment — not a gambling one.
⸻
🧠 Strategic Framework
1️⃣ Define invalidation before entry.
2️⃣ Never chase impulsive candles.
3️⃣ Size positions according to volatility.
4️⃣ Protect capital first.
The market doesn’t reward confidence.
It rewards discipline.
If you are emotional → you become liquidity.
If you are patient → you extract it.
#BTC #eth $BTC $ETH