February 15 Night BTC/ETH Mijin Strategy

Although we have entered the Spring Festival rhythm, the foreign markets are still operating on their normal schedule, and it’s another familiar Sunday night session with results. Currently, BTC/ETH has experienced chip distribution after reaching its target, which can also be understood as the first official pullback after breaking through the downward channel. The saying “One general’s success costs countless lives” applies here—whether this confirmation can lead to a true breakout will be very critical.

Bitcoin: The previous post pointed out that if the 714 level cannot be broken, it is easy to be countered by the platform. After failing to break through during the day, a pullback appeared in the night session, currently testing the support at 69,000. The extreme lower limit in the night session is 67,150. The strategy is to buy on dips; as long as it doesn’t break 67,150, the closer it gets to this level, the more opportunities there are to attempt a rebound. The defensive position remains at 67,150; if it breaks, stop-loss and exit. During the day, Mijin participated in several high-leverage altcoin trades. Later, busy with other matters, no short positions were taken on Bitcoin. If you want to add to your position, look for opportunities near 69,700. Set the short stop-loss at 70,270. If it recovers the starting point of the decline, there’s no need to say more. (See the chart for details)

Second Bitcoin: The 2100 integer level has been repeatedly tested without success. After losing confidence in the night session, it broke the first intraday pullback point at 2038. This aligns with expectations—resistance at the 2000 integer level, but the recovery strength is insufficient, so watch out for a second dip. It is recommended to look for opportunities to add long positions near 1965-1978. Use 1940 as a stop-loss for protection. For adding high leverage positions near 2038, follow the support-turned-resistance principle: if support is broken, it becomes resistance. (See the chart for details)