Please credit the original source, Zhiyi Lunbi As of the midday close on March 1, 2026, BTC showed a volatile upward trend, with an initial dip to $66,200 followed by a continuous rebound, reaching a high of $67,674 at midday. Currently trading around $67,400. The market is in a technical correction phase after panic selling, with bulls and bears battling at key levels. Market signals: The 4-hour MACD has a bullish crossover upward, RSI has risen back to the mid-52 area, indicating short-term bullish momentum is gathering. Notably, the weekly RSI is at a historically low level—similar levels last appeared at the bottom of the 2022 bear market and during the 2020 March 12 crash, signaling an important medium-term bottom. Meanwhile, the Fear & Greed Index remains in the "Extreme Fear" zone at 10-12, with historical data showing that extreme fear often marks local bottoms. Key Support/Resistance: Strong Support Zones: 66,500 - 66,800 USDT (today’s low area and 4-hour support), 65,500 - 66,000 USDT (recent accumulation zone), 63,000 - 64,000 USDT (panic low on February 28). Strong Resistance Zones: 67,800 - 68,000 USDT (short-term first resistance), 68,500 - 69,000 USDT (200-week EMA resistance), 70,000 USDT (psychological level and short-seller line of defense). The current market is in a conflicting pattern of oversold rebound and large-cycle bottom signals. Spot ETF has seen net inflows of over $1.1 billion for three consecutive days, indicating clear institutional bottom-fishing. It is recommended to adopt a strategy of primarily buying on dips and chasing breakouts, with strict stop-loss settings. Strategy 1: Long Position (Main Strategy, Buy on Dip) 1. Entry points: - Gradual entries: Wait for the price to retrace to the 66,500 - 66,800 USDT zone before entering the first batch; if the retracement is deeper, add a second batch at 65,800 - 66,200 USDT. - Logic: 66,500-66,800 is today’s support zone and the 4-hour moving average support; as long as the retracement does not break below, the rebound structure continues. 2. Take-profit targets: - First target: 68,000 USDT (short-term resistance zone, consider partial profit-taking). - Second target: 69,000 - 69,500 USDT (200-week EMA resistance, core target). - Ultimate target: 70,000 USDT (if broken, move stop-loss accordingly). 3. Stop-loss: - Strictly set at 65,200 USDT. If it falls below 65,000, it indicates the rebound structure may be ending, and an exit is necessary to avoid risk. Strategy 2: Breakout Long Position (Secondary Strategy, Chase on Breakout) 1. Entry points: - Conditional order: Wait for a confirmed 15-minute or 1-hour candlestick to close above 68,200 USDT, then enter immediately. - Logic: A confirmed breakout above 68,000 and stabilization above 68,200 will trigger short covering and quantitative fund chasing, possibly accelerating upward toward 69,000-70,000 zones. 2. Take-profit targets: - First target: 69,000 USDT. - Second target: 70,000 USDT. 3. Stop-loss: - Strictly set at 67,400 USDT. If the price quickly falls back below 68,000 after breaking out, it is a false breakout, and an exit is required.
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Today's Trading Strategy Recommendations
Please credit the original source, Zhiyi Lunbi
As of the midday close on March 1, 2026, BTC showed a volatile upward trend, with an initial dip to $66,200 followed by a continuous rebound, reaching a high of $67,674 at midday. Currently trading around $67,400. The market is in a technical correction phase after panic selling, with bulls and bears battling at key levels.
Market signals: The 4-hour MACD has a bullish crossover upward, RSI has risen back to the mid-52 area, indicating short-term bullish momentum is gathering. Notably, the weekly RSI is at a historically low level—similar levels last appeared at the bottom of the 2022 bear market and during the 2020 March 12 crash, signaling an important medium-term bottom. Meanwhile, the Fear & Greed Index remains in the "Extreme Fear" zone at 10-12, with historical data showing that extreme fear often marks local bottoms.
Key Support/Resistance:
Strong Support Zones: 66,500 - 66,800 USDT (today’s low area and 4-hour support), 65,500 - 66,000 USDT (recent accumulation zone), 63,000 - 64,000 USDT (panic low on February 28).
Strong Resistance Zones: 67,800 - 68,000 USDT (short-term first resistance), 68,500 - 69,000 USDT (200-week EMA resistance), 70,000 USDT (psychological level and short-seller line of defense).
The current market is in a conflicting pattern of oversold rebound and large-cycle bottom signals. Spot ETF has seen net inflows of over $1.1 billion for three consecutive days, indicating clear institutional bottom-fishing. It is recommended to adopt a strategy of primarily buying on dips and chasing breakouts, with strict stop-loss settings.
Strategy 1: Long Position (Main Strategy, Buy on Dip)
1. Entry points:
- Gradual entries: Wait for the price to retrace to the 66,500 - 66,800 USDT zone before entering the first batch; if the retracement is deeper, add a second batch at 65,800 - 66,200 USDT.
- Logic: 66,500-66,800 is today’s support zone and the 4-hour moving average support; as long as the retracement does not break below, the rebound structure continues.
2. Take-profit targets:
- First target: 68,000 USDT (short-term resistance zone, consider partial profit-taking).
- Second target: 69,000 - 69,500 USDT (200-week EMA resistance, core target).
- Ultimate target: 70,000 USDT (if broken, move stop-loss accordingly).
3. Stop-loss:
- Strictly set at 65,200 USDT. If it falls below 65,000, it indicates the rebound structure may be ending, and an exit is necessary to avoid risk.
Strategy 2: Breakout Long Position (Secondary Strategy, Chase on Breakout)
1. Entry points:
- Conditional order: Wait for a confirmed 15-minute or 1-hour candlestick to close above 68,200 USDT, then enter immediately.
- Logic: A confirmed breakout above 68,000 and stabilization above 68,200 will trigger short covering and quantitative fund chasing, possibly accelerating upward toward 69,000-70,000 zones.
2. Take-profit targets:
- First target: 69,000 USDT.
- Second target: 70,000 USDT.
3. Stop-loss:
- Strictly set at 67,400 USDT. If the price quickly falls back below 68,000 after breaking out, it is a false breakout, and an exit is required.