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February 27th BTC/ETH Market Strategy
Did you enjoy the positions you bought low last night? All strategies are announced with the positions and logic in advance, and they stand the test of scrutiny. Remember the ultimate goal of this round: be fierce like a tiger, but appreciate the roses gently.
Bitcoin: The night session provided a low-entry zone at 66,300-67,150, which met expectations. During the day, we will test the breakout of yesterday’s consolidation zone at 67,665-68,613. If broken, the next challenge is the resistance zone at 69,000-71,400. The ultimate target for this round is the super box at 71,400-74,400. If you want to go long today, pay attention to the area from the upper boundary at 68,613 to 69,000; if it cannot break through, consider trying a long position.
Ethereum: The night session broke through 2000-2015. Near the critical point at 1965, funds entered for a low buy. Currently, it’s testing yesterday’s consolidation box at 2038-2075. If it surpasses 2075, challenge the resistance box at 2100-2170. The ultimate target for this round is between 2197-2257. Similarly, if it cannot break through 2075 during the day, consider going long here. As the weekend approaches, there may be oscillations around resistance or the ultimate target, so stay patient. $ETH