February 25 Morning Analysis: Maintain a High-Altitude Trading Rhythm

Yesterday's bearish strategy allowed us to earn generously, with Bitcoin gaining 2,000 points in two trades, and Oil comfortably securing profits at 20,000. Sometimes one good operation is better than a thousand guesses. Choose the right direction, confirm the key levels, and go all in. If you're unsure, don't trade. Trust Lao Guo!

Regarding the market, early morning action showed a typical bullish trap and bearish shakeout pattern: Bitcoin surged to around 64,700 before experiencing a rapid 1,000-point drop, bottoming near 63,700. It appeared to stabilize and rebound quickly, but in reality, the bulls are losing momentum, and the rebound is weak. Although the price temporarily rose above 64,100, overall upward momentum has weakened.

From a trend perspective, the sharp decline followed by a weak rebound confirms that resistance above is effective. This "rise and fall, trap and shakeout" pattern signals that the bullish trend is about to end. The long lower shadow on the four-hour chart is not a bullish continuation but the final resistance of the bulls. Once the price falls below 64,000, the short-term strong structure will break, and this round's high is likely to become a temporary top.

Trading Recommendations:

Bitcoin 64,500-64,800 range short, target 62,000-62,500 range

Ethereum 1,870-1,900 range short, target 1,750-1,800 range