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📊 Market Overview

Project Data
Current Price **$1,969** (slightly rebounded after briefly dropping below $1,900 within 24 hours)
24-Hour Price Change - Nearly 6% (from last night to this morning)
Market Sentiment The Fear & Greed Index remains low, liquidity is light during the Spring Festival holiday
Liquidation Data $342 million liquidated across the entire network in the past 24 hours, ETH longs dominate

🎯 Key Liquidation Levels (Most Critical Trading Reference)

According to the latest data from Coinglass, there are dense liquidation zones above and below ETH. These levels are the most likely points to trigger sharp volatility in the short term:

Direction Key Price Liquidation Volume Market Implication
Above Short Sale Liquidation Zone $2,064 $847 million If broken, large short positions will be liquidated, potentially causing a short squeeze and rapid surge
Below Long Position Liquidation Zone $1,869 $148 million If broken downward, long positions will be liquidated in succession, possibly accelerating the decline

📈 24-Hour Real-Time Trading Strategy

Core Judgment: Range-bound oscillation, direction to be decided near

Current price ($1,969) is within the large range of **$1,869-$2,064**, with both bulls and bears waiting for a breakout signal. Due to low liquidity during the Spring Festival holiday, prices are more susceptible to large orders amplifying volatility. Extra caution is needed to avoid fake breakouts.

【Scenario 1: Range Oscillation】 (Higher probability)

If the price repeatedly bounces between $1,900 and $2,000, consider:

Operation Direction Entry Reference Stop-Loss Take-Profit Notes
Low Long $1,900-1,920 Stabilize in this zone $1,868 (breaks short liquidation zone) $1,980-$2,000 Small position, quick in and out
High Short $1,990-$2,010 Encounter resistance $2,065 (stabilize above short liquidation zone) $1,930-$1,950 Strict stop-loss

Strategy Logic: Trade between the two major liquidation zones, avoiding bets on a breakout.

【Scenario 2: Upward Breakout】 (Moderate probability, strong breakout potential)

If the price volume confirms a move above $2,064, triggering $847 million in short liquidations, it could lead to a rapid short covering rally.

Operation Direction Entry Reference Stop-Loss First Target Second Target
Chase Long $2,070-$2,080 Confirm breakout $2,020 $2,150 $2,200-$2,240

【Scenario 3: Downward Breakdown】 (Moderate probability, higher risk)

If the price falls below $1,869, triggering $148 million in long liquidations, it may accelerate the decline.

Operation Direction Entry Reference Stop-Loss First Target Second Target
Chase Short $1,860-$1,850 Confirm breakdown $1,900 $1,750 $1,650-$1,537

⚠️ Mandatory Risk Control Rules

1. No high leverage: Volatility is intense, with $342 million in liquidations over 24 hours. Leverage is the biggest risk factor.
2. Volume confirmation: Any breakout must be accompanied by increased trading volume; breakouts on low volume are often traps.
3. Watch Bitcoin correlation: If BTC drops below $68,000, ETH will face pressure; if it stabilizes above $70,000, a rebound is more likely.
4. Spring Festival liquidity risk: Asian capital participation declines, making prices more susceptible to large orders.

🔍 Key Observation Points (Next 24 Hours)

· Upward: $2,000 integer level → $2,064 (short liquidation trigger) → $2,150
· Downward: $1,900 integer level → $1,869 (long liquidation trigger) → $1,750

The above strategies are based on publicly available market data as of February 16, 2026, and do not constitute investment advice. Cryptocurrency markets are highly volatile; please make independent decisions and implement strict risk management.

If you have real-time questions about specific price levels or want to analyze further based on BTC trends, feel free to ask.