A strong rebound ≠ a reversal. The previous high encountered resistance, and the market is mainly in a range-bound oscillation. Wait for volume-driven breakouts to chase. The overall trend remains downward. Currently, it's a rebound, not a reversal. No pattern, no holding positions. Pin bar with a bottoming tail and a morning star formation → Volume-driven bullish breakout → Retest for confirmation → Surge to the previous high of 66,300 encountering resistance; a large bullish rally is likely driven by news. • Bullish conditions (aggressive): Volume breakout above 66,380 and stabilize → Chase longs on the right side, target 66,790-67,720 • Bearish conditions (aggressive): Volume breakdown below 65,620, and a rebound that fails to recover → Chase shorts on the right side. $BTC #比特币反弹
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February 25th Bitcoin Public Outlook
A strong rebound ≠ a reversal. The previous high encountered resistance, and the market is mainly in a range-bound oscillation. Wait for volume-driven breakouts to chase.
The overall trend remains downward. Currently, it's a rebound, not a reversal. No pattern, no holding positions.
Pin bar with a bottoming tail and a morning star formation → Volume-driven bullish breakout → Retest for confirmation → Surge to the previous high of 66,300 encountering resistance; a large bullish rally is likely driven by news.
• Bullish conditions (aggressive): Volume breakout above 66,380 and stabilize → Chase longs on the right side, target 66,790-67,720
• Bearish conditions (aggressive): Volume breakdown below 65,620, and a rebound that fails to recover → Chase shorts on the right side. $BTC #比特币反弹