Bitcoin Market on February 26: After a significant drop, there might be a slight rebound, but overall it remains weak. It's better to wait for the rebound to reach the 66,800–67,500 range before shorting. Don't chase the short positions.
If the price rebounds to the 66,800–67,500 zone, and then starts to turn downward, go short immediately. Stop loss above 68,100. Breaking this level indicates the bulls are strong again, so close your short positions. Take profit: First target: 65,500–65,000 Second target: around 64,200 When reached, reduce your position and lock in profits. Don't be greedy.
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Bitcoin Market on February 26: After a significant drop, there might be a slight rebound, but overall it remains weak. It's better to wait for the rebound to reach the 66,800–67,500 range before shorting. Don't chase the short positions.
If the price rebounds to the 66,800–67,500 zone,
and then starts to turn downward, go short immediately.
Stop loss above 68,100.
Breaking this level indicates the bulls are strong again, so close your short positions.
Take profit:
First target: 65,500–65,000
Second target: around 64,200
When reached, reduce your position and lock in profits. Don't be greedy.