2.25 Wednesday Morning Bitcoin Analysis: No Follow-through on Rebound, Continue to Look Bearish at High Levels
The festive atmosphere is gradually fading, life is returning to normal rhythm. On the second trading day after the holiday, I wish everyone a smooth and successful new year.
From the market perspective, short-term bulls and bears are pulling back and forth, but the overall main tone remains bearish. Yesterday, Bitcoin touched a low of around 62,400. Our bearish outlook was successfully realized, with accurate timing and appropriate space.
This morning, the price rebounded to around 66,300. Structurally, the downtrend has not changed. Whether on the daily chart or larger timeframes, it remains in a downward channel. No clear reversal signals have appeared; the rebound is more of a technical correction rather than a trend reversal.
The outlook remains unchanged—go with the trend.
Morning trading reference: Bitcoin 66,300—67,000 range for opportunistic short positions Target 63,000—60,000
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2.25 Wednesday Morning Bitcoin Analysis: No Follow-through on Rebound, Continue to Look Bearish at High Levels
The festive atmosphere is gradually fading, life is returning to normal rhythm. On the second trading day after the holiday, I wish everyone a smooth and successful new year.
From the market perspective, short-term bulls and bears are pulling back and forth, but the overall main tone remains bearish. Yesterday, Bitcoin touched a low of around 62,400. Our bearish outlook was successfully realized, with accurate timing and appropriate space.
This morning, the price rebounded to around 66,300. Structurally, the downtrend has not changed. Whether on the daily chart or larger timeframes, it remains in a downward channel. No clear reversal signals have appeared; the rebound is more of a technical correction rather than a trend reversal.
The outlook remains unchanged—go with the trend.
Morning trading reference:
Bitcoin 66,300—67,000 range for opportunistic short positions
Target 63,000—60,000
Until the trend is broken, respecting the direction is more important than guessing the bottom. #特朗普宣布新关税政策 #比特币行情分析 #当前行情抄底还是观望? #Gate广场发帖领五万美金红包 $BTC $ETH