BitETH market trend analysis: The recent market has been fluctuating between 85300 and 89200 on 2/26. In the short term, the market has shown signs of a Rebound after a rapid decline. Currently, the short-term moving average (MA(7)) has crossed above the long-term moving average (MA(30)), forming a golden cross, which is usually a short-term bullish signal. At the same time, the Candlestick trend has touched the key support level near 85300, reflecting a significant recovery in market confidence. However, due to the long-term moving average still showing a downward trend, this Rebound may only be a short-term correction or oscillation Rebound. In terms of patterns, during the oscillating downward trend, there have been multiple occurrences of top and bottom patterns, such as double top, head and shoulders pattern, and double bottom, inverse head and shoulders pattern, indicating that both bullish and bearish forces are fiercely competing near key points. It is recommended for entrants to operate cautiously and closely follow the trend changes. Analyst Xiaoma's diary recommends operations in the early morning: Long near BTC 87500 to 87800, with a target near 89500; Long near ETH at 2400-2430, with a target near 2520. Xiaoma hopes that everyone will follow real-time guidance. #BTC #ETH #百万美金 FORM1 空投开启
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BitETH market trend analysis: The recent market has been fluctuating between 85300 and 89200 on 2/26. In the short term, the market has shown signs of a Rebound after a rapid decline. Currently, the short-term moving average (MA(7)) has crossed above the long-term moving average (MA(30)), forming a golden cross, which is usually a short-term bullish signal. At the same time, the Candlestick trend has touched the key support level near 85300, reflecting a significant recovery in market confidence. However, due to the long-term moving average still showing a downward trend, this Rebound may only be a short-term correction or oscillation Rebound. In terms of patterns, during the oscillating downward trend, there have been multiple occurrences of top and bottom patterns, such as double top, head and shoulders pattern, and double bottom, inverse head and shoulders pattern, indicating that both bullish and bearish forces are fiercely competing near key points. It is recommended for entrants to operate cautiously and closely follow the trend changes. Analyst Xiaoma's diary recommends operations in the early morning: Long near BTC 87500 to 87800, with a target near 89500; Long near ETH at 2400-2430, with a target near 2520. Xiaoma hopes that everyone will follow real-time guidance. #BTC #ETH #百万美金 FORM1 空投开启