Currently, Bitcoin is fluctuating around 63,000. The support from the 5-day moving average on the daily chart is effective. The 4-hour chart shows a bottoming and rebound pattern, with moderate volume expansion. There is a high probability of stabilizing after retesting the 63,500-62,700 range. Once stabilized, an upward push to 64,800-66,000 is expected.
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February 25 Morning Market Analysis
Currently, Bitcoin is fluctuating around 63,000. The support from the 5-day moving average on the daily chart is effective. The 4-hour chart shows a bottoming and rebound pattern, with moderate volume expansion. There is a high probability of stabilizing after retesting the 63,500-62,700 range. Once stabilized, an upward push to 64,800-66,000 is expected.