In the evening, Bitcoin's rebound faced obvious resistance, with multiple attempts to break above 68,500 being blocked. The short-term trend is relatively weak, and market bearish sentiment is gradually intensifying. A high-level rebound followed by a short sell-off is a more prudent approach at the moment. Follow the trend and seize the downward space accordingly.
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February 20 Evening Market Analysis
In the evening, Bitcoin's rebound faced obvious resistance, with multiple attempts to break above 68,500 being blocked. The short-term trend is relatively weak, and market bearish sentiment is gradually intensifying. A high-level rebound followed by a short sell-off is a more prudent approach at the moment. Follow the trend and seize the downward space accordingly.