Analyst Chen Shu: Bitcoin and Ethereum are consolidating sideways on February 27th, but the outlook remains bullish. Buy on dips to 6.65.

Analyst Chen Shu: Bitcoin and Ethereum are consolidating sideways with a bullish outlook. Buy on dips to 6.65. Looking at the daily chart for Bitcoin, yesterday's small doji candlestick indicates a temporary pause in price increases. Currently, the price has stabilized above the 5/10-day moving averages. The key resistance level to watch is the 30-day moving average around 70,000. A pullback to 6.65-6.7 that holds presents a buying opportunity. On the 4-hour chart, the price is mainly consolidating around the 120-day moving average. Watch for a break and hold above this level. Short-term support is around 6.7, which is the 256-day moving average on the 1-hour chart. Looking at the daily chart for Ethereum, yesterday's price remained below the 30-day moving average. With the 30-day moving average continuing to decline, a break above this level (around 2100) could lead to a continued rebound. The 256-day moving average on the 1-hour chart clearly shows support. A pullback to this level presents a buying opportunity. Midday Trading Strategy (Written at 14:00): BTC: Buy at 6.7, add to long position on pullback to 6.6, target 70,000/7.1; Sell at 7.2 with a target of 2000 points. ETH: Buy at 2000, add to long position on pullback to 1950, target 2100/2150; Sell at 2250/2350 with a target of 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 everyone. Welcome to leave comments below for discussion, I will reply to each one.