Short-term market is overbought! 20250214

CN
7 days ago

Good evening, brothers!

I can't remember when this Valentine's Day started, but looking back, it seems like I've always gone with the flow.

When I was young, I watched movies and bought flowers. Later on, I just casually gave red envelopes saying "money to spend." Now, being lazy about whether to give or not seems to be irrelevant.

The "simp" economy is no longer in vogue; what matters now is a solid and down-to-earth life. The girls are bravely venturing out, buying flowers for themselves!

For those in love, a piece of chocolate and a simple meal can bring sweetness and comfort. Loving someone is a form of heroism in the mundane days.

I hope we can all have our own determined romantic moments in each other's stories…

……

Citigroup believes that if Trump's peace plan for Russia and Ukraine ultimately succeeds, international oil prices could fall to $60-65 per barrel in the second half of 2025, a 15% drop from current levels.

BTC: On the 4-hour chart, the price continues to stay above the middle band of the Bollinger Bands, and the price trend remains healthy.

On the daily chart, the price continues to oscillate near the moving averages.

In summary, the support level is 96,800, and the resistance level is 97,200.

ETH: On the 4-hour chart, the price continues to stay above the middle band of the Bollinger Bands, remaining healthy, with a support level of 2,690 and a resistance level of 2,720.

LTC: The price is near the upper band of the Bollinger Bands, showing a strong price trend. The short-term market is overbought, so it may be wise to reduce positions and take profits in batches, with a support level of 120 and a resistance level of 140.

BCH: The price continues to stay near the upper band of the Bollinger Bands, with a strong price trend. The short-term market is overbought, so it may be wise to reduce positions and take profits in batches, with a support level of 330 and a resistance level of 360.

That's all for now, good night!

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