2026-02-26 01:37:07

Morning Analysis

Bitcoin and Ethereum experienced slight pullbacks last night, with the overall weakness unchanged. The 4-hour chart has returned to the consolidation range but has not broken through the midline, so the rebound is invalid, and short-term continuation of the rebound is unlikely.

Technical Perspective: The 4-hour chart has not stabilized above the midline of the range, making it difficult to reverse the trend; only after breaking and stabilizing above it can the oscillation pattern potentially change.

Bitcoin rebounded to 69,988 but faced resistance and pulled back, with the 70,000 level acting as a strong resistance. The rebound momentum is insufficient, so the main strategy is to short on rebounds.
Trading Suggestions
Short positions around 68,800-69,300 for Bitcoin, targeting 66,500-67,000
Short positions around 2,080-2,110 for Ethereum, targeting 1,930-1,960

BTC0,28%

ETH1,59%

View Original

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.

3 Likes