Yue Ying: Bitcoin and Ethereum Market Analysis for 2.25 - Revisit the Previous Low - Can Short-term Key Support Keep the Bullish Momentum? I am Zhou Yue Ying. Friends who enjoy my articles, please follow me and check out today's insights! Bitcoin Technical Analysis ———— Bitcoin daily chart shows the previous candle closed as a bearish real body. During the day, the price continued to test the lower band, with Bollinger Bands narrowing and then slightly opening again. The MACD shows signs of a potential reversal with the fast and slow lines turning, and volume decreasing. The KDJ indicator is moving downward again, with support near the 0 level. The VR indicator is consolidating around the 50 level. On the 4-hour chart, the price was resisted around the 7-day moving average with limited rebound strength, continuing downward testing. The Bollinger Bands are opening, with short-term moving averages trending downward. The MACD lines are extending downward with decreasing volume, and the KDJ is again heading lower, with support near the 0 level. The VR indicator is consolidating around the 100 level. Overall, the market remains weak, with limited rebound strength. The short-term support is crucial; if it breaks, new lows could be seen. For now, consider supporting entry points at around 62,000, followed by the previous low area. A break below could accelerate the decline toward 58,000-57,000. Refer to short-term intraday strategies. Bitcoin Short-term Strategy: Long at 62,500 (Long at 60,800) (Activate strategy if profitable, trade at your own risk) Yitai Technical Analysis ———— Yitai’s overall technical outlook is linked to Bitcoin’s trend. Currently, support is around the previous low area. The short-term approach is to monitor this support and consider virtual breaks. If there is an accelerated real break, the price could test the support zone around 1580-1500. For intraday trading, follow the short-term plan: go long above 1730 and watch the support around 1650. Yitai Short-term Strategy: Long at 1780 (Long at 1688) (Activate strategy if profitable, trade at your own risk) — I am Zhou Yue Ying, a teacher focused on technical analysis. If you have any questions about operations or trends, feel free to discuss and learn with me! Let’s share insights and profit together! #BTC #ETH

#我在Gate广场过新年 What’s the current status of Bitcoin and altcoins: Market Overview (February 24) Bitcoin is currently trading at around $63,211, down 3.7%, and approximately 2,773,486 TRY against the Turkish lira. Ethereum (ETH) has decreased by 2.9% to $1,826, BNB (BNB) is down 1.5% at $589, Ripple (XRP) has fallen 1.9% to $1.33, Dogecoin (DOGE) is down 2.9% at $0.09127, Solana (SOL) has decreased by 2.3% to $76.77, and TRON (TRX) is down 2% at $0.2818. In the last 24 hours, the highest gaining altcoin was pippin (PIPPIN) with an 11.5% increase, while Bitcoin Cash (BCH) experienced the largest decrease with a 10.5% drop. At the time of writing, pippin (PIPPIN) is trading at $0.7457, and Bitcoin Cash (BCH) is at $484.02. The DXY dollar index (DXY) is hovering around 97.39. While Bitcoin’s market cap is approximately $1.26 trillion, the total cryptocurrency market value is around $2.26 trillion. The 24-hour trading volume in the crypto market is approximately $116 billion. The USD/TRY exchange rate is at 43.85, and the EUR/TRY rate is at 51.71. In the last 24 hours, $377 million worth of positions were liquidated in the crypto market, affecting over 119,000 crypto investors. Liquidated positions are composed of 76.47% long (long) positions, with Bitcoin (BTC) experiencing the highest liquidation.