#当前行情抄底还是观望？

Conclusion: Mainly observing, small position trial and error, avoid heavy accumulation for bottom-fishing (2026-02-25 18:00)

Currently, the market is in a consolidation phase with no single-sided reversal. The V-shaped rebound is driven by short covering, and institutional ETFs are still experiencing net outflows, indicating cautious sentiment.

👉 Reasons for Observation

- Macro pressure: Trump tariffs + Federal Reserve high interest rate expectations, risk appetite is weak.
- Technical analysis: BTC 66,500–68,000, ETH 1,950–2,000 are strong resistances; prices tend to fall back before breaking through.
- Capital flow: Spot ETF continues to outflow, insufficient new funds, raising doubts about the sustainability of the rebound.

👉 If you want to try a position (spot only)

- Position ≤20%, buy in small batches.
- Support levels: BTC at 64,000, ETH at 1,900; stop loss if broken.
- Do not trade futures, do not chase altcoins, only focus on mainstream coins.

👉 Bottom-fishing signals (to act upon when met)

1. BTC stabilizes above 68,000, ETH stabilizes above 2,000
2. ETF experiences net inflow for 2 consecutive days
3. Significant decrease in liquidation volume, funding rates remain positive