Analyst Chen Shu: Bitcoin and Ethereum saw a slight rebound on February 25th; watch for the continuation of this rebound and pay attention to a breakout above the 6.7 resistance level.

Analyst Chen Shu: Bitcoin and Ethereum saw a slight rebound on February 25th. Attention should be paid to the continuation of this rebound, with a focus on breaking through the 6.7 resistance level. Looking at the daily chart, Bitcoin closed with a small bearish candle yesterday, briefly finding support around 6.25. A short-term rebound reached the key level of the 10-day moving average (MA10) at 6.65, where it has now encountered resistance and fallen back. The key is whether it can continue its rebound and break through and hold above 6.65. On the 4-hour chart, the dense resistance level is around 6.65-6.78, which is currently a crucial short-term resistance zone. Failure to break through this level will maintain the weak trend. Also, pay attention to the 256-day moving average (MA25) at 6.7 on the 1-hour chart. Only a complete break and hold above this level can indicate a short-term bottom. From the daily chart, Ethereum has also rebounded to the resistance level of the 10-day moving average (MA10) around 1940. Pay attention to whether it can break through and hold above this level. If it can continue the rebound and break through and hold above 1900, it may continue to rebound and test the 2000 level in the short term. The 256-day moving average (MA256) on the 1-hour chart is currently a key resistance level. Watch whether the rebound trend can maintain and test this level. Midday Trading Strategy (Written at 15:00): BTC: Long at 6.46, add to the long position on a pullback to 6.36, target 6.65/6.75; Short at 6.8/6.9 for 2000 points. ETH: Long at 1870, add to the long position on a pullback to 1800, target 1950/2000; Short at 1980/2050 for 100 points. Daily analysis strategies have a very high win rate! Analysis is not easy, so please give a free follow, save, like, and comment. Thank you! Welcome to leave comments below for discussion; I will reply to each one.