On the daily chart, Bitcoin entered a consolidation phase after testing the 60,000 level, with prices generally fluctuating between 71,000 and 63,000, forming a new price structure. After a second dip the day before yesterday, support held, leading to a rebound. Currently, it's trading below 70,000, with resistance levels at 70,000-710,000 and support levels at 68,000-66,000-63,000. Ethereum's daily chart moves in tandem with Bitcoin, entering a consolidation phase after testing the 1700 level, forming a similar structure between 2150-1800. A second dip resulted in a rebound, with current resistance levels at 2100-2150-2230 and support levels at 2000-1900-1800. On the 4-hour chart, the consolidation and recovery ranges for Bitcoin and Ethereum after their oversold conditions are becoming clearer: Bitcoin 71500-62500, Ethereum 2150-1800. Currently, the price has tested support twice and is very close to resistance levels. Therefore, it is recommended to short at higher levels and wait for the price to break out of the range before entering a new position. Trading strategy: Bitcoin: Short at 68500-69000, target 67500-66000, stop loss above 70000; Ethereum: Short at 2070-2090, target 2000-1950, stop loss above 2150. These strategies are time-sensitive; please refer to the information on the homepage for specific details and private real-time guidance.
Bitcoin and Ethereum trend analysis and trading strategy for February 26th!
2026-02-26 11:05:00
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