2026-02-27 00:39:13

Yesterday afternoon, Bitcoin showed high volatility with oscillations followed by a weak decline. The price briefly stabilized and rebounded in the early low region, approaching the 68,000 to 69,500 range during the short-term rebound, but failed to establish a firm footing. Subsequently, the market gradually weakened, with the lowest dip near 66,500 during midnight.

From a technical perspective, Bitcoin has successfully broken through the short-term downward trend slope resistance line in intraday trading. The current market signals a positive stabilization. If the price can continue to stay above the 68,000 level and trading volume effectively increases, it can be seen as a technical confirmation of the short-term bottom structure.

Suggestions are to go long around 66,000 and 65,200, with the first target at 70,000 and a breakout to 73,400.

BTC-3.2%

ETH-5.47%

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