Mu Feng looks at the trend: Interpretation of the market trend and operational ideas for the evening of 2/22.

Trader Gege: The plunge action on the eve of the breakout from the box shows a firm bullish determination 2.22-23 Bitcoin and Ethereum market analysis

Market Analysis

The market continues to show a volatile trend, with attention on the breakthrough of the high points in the future.

Strategy review, fundamentals/on-chain data, technical analysis

Mu Feng looks at the trend: Interpretation of the market trend on February 22 and operational ideas.

Due to the theft incident, Bitcoin has been affected, and the market sentiment has started to panic, leading to a pullback. Costa Rica's largest commercial bank has launched its first Bitcoin ETF.

Analyst Chen Shu: 2.22 Afternoon Bitcoin and Ethereum Market Strategy * No. 1, yesterday's long and short strategy perfectly predicted profits, continue to watch for fluctuations.

Yesterday, when the market was booming, the sudden news of Bybit being hacked for 1.5 billion worth of ETH came out. This news was like a bolt from the blue for the overall market.

The Bitcoin short-term faced strong resistance at the 100,000 mark, and started to decline directly in the latter half of the night.

Master Chen 2.22: US stocks plummet, Bybit collapses. It seems like a rebound, but in fact, it's a washout.

Mainly high altitude

Long at a low position