2/14 Midday Bitcoin Public Outlook

Yesterday's CPI positive data triggered a rebound, but it's not a reversal; the overall downward trend remains. Saturday is likely to see sideways movement, avoid chasing highs or selling lows.
Last night's CPI met expectations → expectations of rate cuts in March increased → market rally; news only affects short-term movements.
Strong resistance levels: 69,450 (consecutive upper shadow) → 70,000 (psychological level) → 71,480
• Neckline: 68,608 (dividing line between bulls and bears)
• Hourly level: Break and hold above 69,090 → watch for 70,000–71,480
• 4-hour level: Break below 68,660 → watch for 66,950–65,170
Trading Suggestions:
• ✅ Long: Break through 69,090 with volume, chase on the right side during rebounds, set stop-loss properly
• ❌ Short: Break below 68,500 with volume, if a rebound fails to recover, chase on the right side during declines
• ⚖ Sideways: Range between 68,600–69,450, mainly observe, difficult to determine direction on Saturday, don’t expect a move to 100,000 on a rise or 40,000–50,000 on a fall, view the market rationally
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