Bitcoin/Ethereum followed a similar pattern to yesterday morning, retesting recent lows and reaching as low as 63300 and 1810 respectively. However, as mentioned yesterday morning, 63000 and 1780-1800 are key short-term daily support levels. As long as these levels hold, multiple bottom tests could facilitate a further upward rebound. Currently, the price has rebounded after a rapid decline; the question is whether this is a double bottom, as a double bottom would likely lead to a larger upward move. Morning trading suggestions: Buy Bitcoin around 64200, with a target of 66000-67000; Buy Ethereum around 1840, with a target of 1920-1960.
Gu Jingci: Bitcoin/Ethereum Morning Trading Strategy with Market Analysis (February 24th)
2026-02-24 01:33:46
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