"Market Analysis for February 25: Rebound or True Reversal?"

Yesterday's market was quite impressive, with Bitcoin suddenly surging above 66,000. I initially thought this would be a worry-free long position, but the market was manipulated by the big players. Moving forward, just keep an eye on the 66,500 level for Bitcoin. If the hourly chart closes above this level, it indicates a short-term reversal. This is a key level to watch today; otherwise, the current price remains below the trendline resistance. Do not be greedy and chase the rally.

$BTC Bitcoin is the first to watch whether it can close above 66,500 on the hourly chart. The resistance above is between 67,400 and 67,800. Support below is at 63,800; if there is no strong rebound and it breaks directly, watch for a drop to the support at 60,900.

$SOL For Solana, the idea is to see if it can break above 82.8. Resistance is at 85.4, with support at 77.8. If it breaks below 77.8 again, it may drop to the support at 74.5.

$ETH Ethereum's approach is similar to Bitcoin's. Watch whether it can close above 1930. If it does, resistance is at 1975, with support at 1850. A further drop below 1850 could lead to a support at 1740.

In summary, whether the current rebound can trigger a reversal in the overall market depends on the key levels mentioned above. If the hourly chart can successfully close above these levels, there may be a short-term rebound. If it drops below, then check whether the supports are effective; a direct break below indicates market danger. So, for now, avoid making predictions and watch how the big players choose. If you don’t understand the market or are unsure about the direction, welcome to join the Chief. Click to join the Chief community (Follow the Chief for daily market analysis and precise entry points. Long and short positions are for reference only. Strict stop-loss and take-profit are recommended).