"Market Analysis for February 26: Big V Tianlong, How Will the Double Bottom Become Reality?"

One day down 10%, the next day up 10%, B friends have already become the shape of the market maker. Yesterday, I mentioned that whether a reversal is possible depends on the hourly chart's decision at 66,500. After the rise, I initially thought 6.8K was enough, but it was pushed up to around 70,000. So, regarding the daily chart logic, if the bottom pattern on the daily chart is valid, then its effectiveness depends on whether there is enough support around 66,200 on the trend line later. This validates the daily model, and the future height can be discussed around 73,000-74,000.

$BTC Bitcoin's resistance today is near 69,400. To confirm an effective close above this level on the 1-hour chart, the price can continue to push higher, first targeting resistance at 71,500. Support below is at 66,200; revisiting this level will test the validity of the daily bottom model. Combining this with the 15-minute Vegas channel will be better; when it reaches 66,200, which is also the channel's position, and the bottom model appears again, it can be a good long entry.

$SOL Today's resistance is at 91. On the hourly chart, watch for a close above this level, which could lead to further upward movement toward 98, with 98 being a more significant resistance. Support is at 81.8.

$ETH Ethereum's resistance today is between 2096-2105. If the hourly close is above 2105, watch for a possible further push higher, with support at 1930.

In summary, the Big V Tianlong market's future model validity needs further confirmation. If it retraces to key support levels, watch for corresponding bottoms. When bottoms and rebounds appear, the daily chart's continued upward push can be expected! If you don't understand the market or can't grasp the direction, you're welcome to join the Chief. Click to join the Chief community (Follow the Chief for daily latest market analysis and precise entry points; long and short positions are for B friends' reference only, with strict stop-loss and take-profit).