Today is February 26th, let's review the market trends. At midnight, Bitcoin hit a low of 51300 and then began to rise. At 4 o'clock, it rose to 52050, which coincided with the long and short line we identified yesterday around 52100, and then started to pull back. Currently, Bitcoin is trading around 51400. Bitcoin is still running within the consolidation range of 52100-50800 as mentioned in the past few days. Now let's look at the market situation at various levels. On the 30-minute chart, Bitcoin has overlapping yellow and blue lines, indicating some minor support at this level. On the 2-hour chart, Bitcoin is trading above the white and red lines, with the yellow line gradually moving up. Aggressive traders can consider buying Bitcoin between 51100-51400, while conservative traders can wait for a change in the market situation. We need to pay attention to the range of 52100-50800 and the theory of the yellow and blue lines, which I can share for free. With more practice, everyone can develop their own trading system. Since the market changes quickly and I cannot provide timely reminders, we can only discuss the general ideas and short-term trends for reference, to avoid confusion and anxiety during trading, which can lead to unstable emotions and increase market risks. Therefore, we should continuously study the market, trading strategies, and risk management methods to maintain sensitivity and adaptability to the market.
Due to the fast-changing nature of short-term trends, I won't elaborate further here. Okay, that's all for today's market. Good luck to everyone, and welcome to join the community. If there are any changes in the market, we will notify everyone in the community for the first time. Follow our official account: 伏击手记.
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