The attempt by bulls to sustain Bitcoin’s market price above $52,000 appears to have faltered, potentially signalling a shift in short-term market dynamics for both BTC and alternative cryptocurrencies.
多頭將比特幣市場價格維持在 52,000 美元以上的嘗試似乎已經動搖,這可能預示著 BTC 和其他加密貨幣的短期市場動態發生了變化。
Bitcoin (BTC) has recently remained in a consolidation phase, reflecting a fierce struggle between bullish and bearish forces. The prevailing uncertainty raises speculation regarding whether selling pressure will prevail, leading to a short-term downturn, or if buying interest will prevail. This uncertainty weighs heavily on the minds of cryptocurrency investors.
比特幣(BTC)最近仍處於盤整階段,反映出多頭和空頭力量之間的激烈鬥爭。普遍存在的不確定性引發了人們的猜測:拋售壓力是否會佔上風,導致短期低迷,或者買盤興趣是否會佔上風。這種不確定性嚴重影響了加密貨幣投資者的心。
With expectations for an imminent rate cut by the Federal Reserve dwindling, profit-taking has ensued in the S&P 500 Index. This development hints at a cautious market sentiment shortly, heightening the likelihood of a retracement in Bitcoin and specific alternative cryptocurrencies.
隨著聯準會即將降息的預期減弱,標普500指數出現獲利了結。這一事態發展暗示市場情緒很快就會變得謹慎,從而增加了比特幣和特定替代加密貨幣回調的可能性。
However, the dip may not change the long-term bullish view. Investors will likely view every dip as a buying opportunity because of Bitcoin’s upcoming halving in April, which has historically been bullish.
然而,下跌可能不會改變長期看漲觀點。投資者可能會將每次下跌視為買入機會,因為比特幣即將在四月減半,這在歷史上一直是看漲的。
What essential support levels may arrest the decline in Bitcoin and altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
哪些重要的支撐位可以阻止比特幣和山寨幣的下跌?讓我們分析一下前 10 名加密貨幣的圖表來找出答案。
Bitcoin (BTC) Market Analysis
比特幣(BTC)市場分析
Bitcoin struggles to sustain above $52,000, indicating that the bears fiercely defend the level.
比特幣難以維持在 52,000 美元上方,表明空頭正在激烈捍衛該水準。
If the price slips below $50,000, short-term traders may give up and book profits. That could pull the BTC/USDT pair to the 20-day exponential moving average ($48,842).
如果價格跌破 50,000 美元,短線交易者可能會放棄並獲利了結。這可能會將 BTC/USDT 貨幣對拉至 20 天指數移動平均線(48,842 美元)。
If the price rebounds off the 20-day EMA with force, it will suggest that the sentiment remains positive and traders are buying at lower levels. That will increase the likelihood of a rally above $52,000. The pair could then jump to $60,000.
如果價格從 20 日均線強力反彈,則表示市場情緒依然樂觀,交易者正在較低水平買入。這將增加反彈至 52,000 美元上方的可能性。隨後該貨幣對可能會躍升至 6 萬美元。
Instead, if the price continues lower and breaks below the 20-day EMA, it will start a pullback to the 50-day simple moving average ($44,924).
相反,如果價格繼續走低並跌破 20 日均線,它將開始回調至 50 日簡單移動平均線(44,924 美元)。
Ether (ETH) Market Analysis
以太坊(ETH)市場分析
2 月 21 日,以太幣從 3,000 美元的心理阻力位回落,顯示短期交易者獲利了結。
The corrections generally last between one to three days in a strong uptrend. The crucial support on the downside is $2,717. If the price snaps back from $2,717 with force, it will indicate that every minor dip is being purchased aggressively. That will enhance the prospects of a break above $3,000. The ETH/USDT pair may then rally to $3,300.
在強勁的上升趨勢中,修正通常會持續一到三天。下行的關鍵支撐位是 2,717 美元。如果價格從 2,717 美元強力反彈,則表示每次小幅下跌都被積極買入。這將增強其突破 3,000 美元的前景。隨後 ETH/USDT 貨幣對可能會上漲至 3,300 美元。
Conversely, if bears tug the price below the 20-day EMA ($2,680), it will signal the start of a deeper correction to the 50-day SMA ($2,467).
相反,如果空頭將價格拉低至 20 日均線(2,680 美元)下方,則將預示著 50 日均線(2,467 美元)將開始進一步修正。
BNB Market Analysis
BNB市場分析
BNB turned up after a brief correction and surged above the $367 resistance on Feb. 21, signalling the resumption of the uptrend.
BNB 經過短暫調整後出現上漲,並於 2 月 21 日飆升至 367 美元阻力位上方,標誌著上升趨勢的恢復。
The upsloping moving averages and the RSI in the overbought zone indicate that the bulls are in command. If buyers maintain the price above $368, the BNB/USDT pair could pick up momentum and surge toward $400.
向上傾斜的移動平均線和超買區域的 RSI 表明多頭處於主導地位。如果買家將價格維持在 368 美元以上,BNB/USDT 貨幣對可能會加速並飆升至 400 美元。
The first support on the downside is at the 20-day EMA ($336), and the next is the 50-day SMA ($315). The bears must yank the price below the 50-day SMA to indicate a trend change.
下行的第一個支撐位是 20 日均線(336 美元),下一個支撐位是 50 日均線(315 美元)。空頭必須將價格拉至 50 日均線下方才能表示趨勢改變。
Solana (SOL) Price Analysis
Solana (SOL) 價格分析
Solana’s rebound fizzled at $115, and the price turned down on Feb. 19, indicating a lack of higher-level demand.
Solana 的反彈在 115 美元處失敗,價格在 2 月 19 日開始下跌,表明缺乏更高層次的需求。
The bears pulled the price below the neckline of the inverse head-and-shoulders pattern on Feb. 21, signalling that the bullish momentum has weakened. The 50-day SMA may act as a support, but it may not hold for long. If the support cracks, the SOL/USDT pair could start a decline to $93, which is a significant level to keep an eye on.
2 月 21 日,空頭將價格拉低至反向頭肩形態的頸線下方,顯示看漲勢頭已經減弱。 50日均線可能會起到支撐作用,但可能不會維持太久。如果支撐位破裂,SOL/USDT 貨幣對可能會開始下跌至 93 美元,這是一個值得關注的重要水平。
The first sign of strength will be a rise above the downtrend line. The pair could then attempt a rally to the overhead resistance of $126.
強勢的第一個跡象將是升破下降趨勢線。隨後該貨幣對可能會嘗試反彈至上方阻力位 126 美元。
XRP Price Analysis
XRP closed above the downtrend line on Feb. 19, but the bulls could not clear the hurdle at $0.57. This suggests that every minor relief rally is being sold into.
XRP 價格分析 XRP 於 2 月 19 日收在下降趨勢線上方,但多頭未能突破 0.57 美元的障礙。這表示每次小幅緩解反彈都被拋售。
The bears are trying to pull the price below the moving averages. If they succeed, the XRP/USDT pair could dip toward the strong support at $0.46. Buyers are expected to defend this level with vigour.
空頭正試圖將價格拉至移動平均線以下。如果成功,XRP/USDT 貨幣對可能會跌向 0.46 美元的強勁支撐位。預計買家將大力捍衛這一水平。
If the price rebounds off $0.46, the pair could climb to $0.57 and stay inside this range for some time. A break and close above $0.57 will suggest that the corrective phase may be over. The pair could then attempt a rally to $0.67.
如果價格從 0.46 美元反彈,該貨幣對可能會攀升至 0.57 美元,並在該區間內停留一段時間。突破並收盤於 0.57 美元之上將表明修正階段可能已經結束。隨後該貨幣對可能會嘗試反彈至 0.67 美元。
Cardano (ADA) Price Analysis
卡爾達諾(ADA)價格分析
Cardano turned down from $0.64 on Feb. 20, suggesting profit booking by the short-term traders. The price could reach the 20-day EMA ($0.57).
卡爾達諾從 2 月 20 日的 0.64 美元下跌,表明短期交易者獲利了結。價格可能觸及 20 日均線(0.57 美元)。
Buyers will have to defend the 20-day EMA aggressively to keep the move intact. If they do that, the ADA/USDT pair could rise to $0.64 and eventually to $0.68. A break and close above this resistance will signal the start of the next leg of the uptrend.
買家必須積極捍衛 20 日均線才能保持走勢不變。如果他們這樣做,ADA/USDT 貨幣對可能會上漲至 0.64 美元,最終升至 0.68 美元。突破並收盤於該阻力位之上將標誌著下一階段上升趨勢的開始。
On the contrary, if the price tumbles below the 20-day EMA, it will indicate that the bullish momentum has weakened. The pair may consolidate inside an extensive range between $0.46 and $0.64.
相反,如果價格跌破20日均線,則表示看漲勢頭減弱。該貨幣對可能會在 0.46 美元至 0.64 美元之間的廣泛區間內盤整。
Avalanche (AVAX) Price Analysis
雪崩 (AVAX) 價格分析
The bulls defended the 50-day SMA ($36) on Feb. 20, but the bears sold the recovery to the 20-day EMA ($38.22) in Avalanche,
多頭在 2 月 20 日捍衛了 50 日均線(36 美元),但空頭在 Avalanche 中將反彈賣出至 20 日均線(38.22 美元),
The 20-day EMA has flattened out, and the RSI is just below the midpoint, indicating a range-bound action in the near term. If the price breaks below the 50-day SMA, the AVAX/USDT pair may drop to $32, which will likely be a strong support. A solid rebound off the support could keep the pair between $32 and $42 for a few days.
20 日均線已趨於平緩,RSI 略低於中點,顯示近期將呈現區間波動。如果價格跌破 50 日移動平均線,AVAX/USDT 貨幣對可能會跌至 32 美元,這可能是一個強有力的支撐。脫離支撐位的強勁反彈可能會使該貨幣對在幾天內保持在 32 美元至 42 美元之間。
On the upside, the bulls must drive and sustain the pair above $42 to complete the inverse head-and-shoulders pattern and gain the upper hand.
從好的方面來看,多頭必須推動並維持該貨幣對高於 42 美元,才能完成反向頭肩形態並佔上風。
Dogecoin (DOGE) Price Analysis
Dogecoin bounced off the 20-day EMA ($0.08) on Feb. 18, but the bulls could not overcome the barrier at $0.09. This suggests a negative sentiment where the bears are selling on rallies.
狗狗幣 (DOGE) 價格分析 狗狗幣於 2 月 18 日從 20 日均線(0.08 美元)反彈,但多頭未能突破 0.09 美元的關卡。這顯示空頭逢高拋售的負面情緒。
If the price skids below the moving averages, the DOT/USDT pair could drop to the uptrend line. This is an essential level for the bulls to defend because if they fail to do that, the pair may start a descent to $0.07.
如果價格跌破移動平均線,DOT/USDT 貨幣對可能會跌至上升趨勢線。這是多頭必須捍衛的重要水平,因為如果他們未能做到這一點,該貨幣對可能會開始下跌至 0.07 美元。
This negative view will be invalidated in the short term if the price rebounds off the current level and rises above $0.09. That opens the doors for a rally to the $0.10 to $0.11 resistance zone.
如果價格從當前水準反彈併升至 0.09 美元以上,這種負面觀點將在短期內失效。這為反彈至 0.10 美元至 0.11 美元阻力區打開了大門。
Chainlink (LINK) Price Analysis
Chainlink (LINK) 價格分析
Chainlink bounced off the 20-day EMA ($18.81) on Feb. 20, but the bulls could not build upon the recovery. The price turned down and slipped below the 20-day EMA on Feb. 21.
Chainlink 於 2 月 20 日從 20 日均線(18.81 美元)反彈,但多頭無法在復甦的基礎上再接再厲。 2 月 21 日,價格下跌並跌破 20 日均線。
The next stop on the downside is the breakout level of $17.32. This level may witness a tough battle between the bulls and the bears. If the price rebounds off $17.32 with strength, the LINK/USDT pair may rise to the 20-day EMA and later to the overhead resistance at $20.85.
下行的下一站是突破 17.32 美元。這個水平可能會見證多頭和空頭之間的一場硬仗。如果價格從 17.32 美元強勁反彈,LINK/USDT 貨幣對可能會升至 20 日均線,然後升至上方阻力位 20.85 美元。
The zone between $17.32 and the 50-day SMA ($16.51) will likely act as a formidable support on the downside. A break below this zone will suggest a potential trend change in the near term.
17.32 美元和 50 日移動平均線(16.51 美元)之間的區域可能會成為下行的強大支撐。跌破該區域將顯示近期趨勢可能會改變。
Polkadot (DOT) Price Analysis
Polkadot’s recovery stalled near the 61.8% Fibonacci retracement level of $8.21, indicating that bears continue to sell on rallies.
Polkadot (DOT) 價格分析 Polkadot 的復甦在 8.21 美元的 61.8% 斐波那契回撤位附近陷入停滯,表明空頭繼續逢高拋售。
The DOT/USDT pair has reached the 50-day SMA ($7.18), a significant level to watch out for. If this level gives way, it will suggest that the bulls are losing their grip. The pair could then drop to the neckline and subsequently to $6.
DOT/USDT 貨幣對已觸及 50 日移動平均線(7.18 美元),這是一個值得關注的重要水平。如果這個水平讓步,則表示多頭正在失去控制。然後該貨幣對可能會跌至頸線,隨後跌至 6 美元。
The flattening 20-day EMA and the RSI near the midpoint suggest a range-bound action in the near term. If the price rebounds off the neckline, the pair could reach $8.21 and stay range-bound between these two levels for some time. The Bulls will be back in the game on a close above $8.21.
趨平的 20 日均線和 RSI 接近中點表示近期將出現區間波動。如果價格從頸部反彈,該貨幣對可能會達到 8.21 美元,並在一段時間內在這兩個水平之間保持區間波動。公牛隊將以高於 8.21 美元的收盤價重返比賽。
Source – Rakesh Upadhyay
來源——Rakesh Upadhyay
Source: https://thebittimes.com/latest-market-overview-21st-feb-btc-eth-bnb-sol-xrp-ada-avax-doge-link-dot-tbt86045.html
資料來源:https://thebittimes.com/latest-market-overview-21st-feb-btc-eth-bnb-sol-xrp-ada-avax-doge-link-dot-tbt86045.html