Thursday evening, 2.26, Market Analysis



In the afternoon, the Bitcoin price also maintained a sideways consolidation during the white trading session. We used a range to make short-term arrangements and successfully completed two rounds!
The 4-hour chart experienced a sharp rise last night, which was a bullish volume increase after the previous dip correction. The midnight session showed continuous strong upward movement. Currently, the price is not suitable for shorting; after a pullback and stabilization during the US session, look for a low-buy opportunity. Overall, the structure is characterized by volume-driven rally, minor correction with small candles, and then continuation of the upward trend—an ongoing bullish pattern.
Bitcoin: Buy at 68,000-67,800, target around 70,000
Ethereum: Buy at 2030-2010, target around 2150
BTC-2.12%
ETH-2.02%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
YaoQianshuAvip
· 4h ago
Currently, the overall trend is still dominated by the bears, so going long is a bit risky.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)