2.26 Market Analysis - Trader Mi Hu
$BTC reminded at 86000 when the price was 89000 yesterday to mindlessly add positions, don’t be afraid. After the US stock market opened yesterday, it had already dropped to 86000, successfully placing an order! I wonder if everyone in the square strictly executed this.
Yesterday I reminded that there were resistance levels around 91500-92000, but the rebound still looks weak. Today, let’s see if it can stabilize at 87000; if it can't, close the position and place an order around 85000. The next levels are 78000 and 70000. Because there will be a certain selling pressure due to the unlocking of Sol on Saturday, and various news impacts will continue until March 7, positions need to be managed well. If entering spot, just add positions one by one.
Intraday, still looking at 92000. If it can continue to oscillate upward, it means that the bullish strength is gradually increasing; otherwise, it will still be a bearish structure.
Don’t enter below the level.
$BTC place a short order around 92000, stop loss at 93000; place a long order around 85000, if it falls below 85000, continue to add positions, and when it rebounds to 85000, close part of the position.
For spot, enter at 85000, 78000, 70000 in a ratio of 2:3:5, and then lie flat.
$BNB 600 just enter below this, close your eyes and go all in below 500!