2026-02-26 01:04:40

2.26 Morning Update

Recently, the market has been mainly driven by Kongs, with a brief interruption in the early hours. During this time, Douts launched a rapid counterattack, pushing prices up to the 70,000 level before encountering resistance and pulling back. This sharp rally caught short-term traders off guard. Currently, Bitcoin is consolidating in a narrow range around 68,300.

From the four-hour chart, the K-line shows a V-shaped reversal pattern, with consecutive bullish candles breaking above the upper band resistance. However, the momentum has not sustained, and the medium-term downward channel pattern remains unchanged. The recent rebound is a technical correction, not a trend reversal. Avoid blindly chasing Douts at high levels.

Recommendations:
Bitcoin: Consolidate around 68,800-69,500, with targets of 66,000-64,000.
Ethereum: Consolidate around 2,070-2,100, with targets of 2,010-1,920.

GT0,28%

BTC1,7%

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