empty
 
 
27.02.2026 08:52 AM
Trading Recommendations for the Cryptocurrency Market on February 27

Bitcoin remains trading in the $67,000–$68,000 range, following a significant recovery the day before to around $70,000. Ethereum also remains above $2,000, maintaining its chances for further upward movement.

This image is no longer relevant

Meanwhile, in the US, the issue of how rewards are allocated in stablecoins has come back into focus. Many lawmakers have expressed concern about a potential outflow of deposits from banks. During a Senate banking committee hearing on banking regulation, Democratic Senator Angela Osbahrick stated that she and other lawmakers support innovation but are concerned that the yields on stablecoins resemble those of banking products.

She noted that the important question now is how rewards in stablecoins should be viewed and whether platforms can pay users for holding or transacting with them. It's worth noting that this issue hampers progress on the CLARITY bill, which aims to regulate the structure and scope of cryptocurrencies in the US. In the stablecoin law, known as GENIUS, passed last July, stablecoin issuers are prohibited from paying direct interest to holders. However, the law does not prohibit third-party platforms like Coinbase from offering rewards.

It is evident that the passage of CLARITY in any form should help grow the cryptocurrency market. But for now, Democrats are working hard to prevent this.

As for the intraday strategy in the cryptocurrency market, I will continue to base my actions on any significant pullbacks of Bitcoin and Ethereum in anticipation of the ongoing bullish market in the long term, which remains intact.

For short-term trading, the strategy and conditions are described below.

Bitcoin

This image is no longer relevant

Buy Scenario

Scenario #1: I plan to buy Bitcoin today when it reaches the entry point around $67,800, with a target rise to the level of $68,500. At around $68,500, I will exit my purchases and immediately sell on the bounce. Before buying on the breakout, ensure that the 50-day moving average is below the current price and the Awesome indicator is above zero.

Scenario #2: I can buy Bitcoin at the lower boundary of $67,300 if there is no market reaction to its breakout back to $67,800 and $68,500.

Sell Scenario

Scenario #1: I plan to sell Bitcoin today when it reaches the entry point around $67,300, with a target drop to $66,600. At around $66,600, I will exit my sales and immediately buy on the bounce. Before selling on the breakout, ensure that the 50-day moving average is above the current price and the Awesome indicator is below zero.

Scenario #2: I can sell Bitcoin at the upper boundary of $67,800 if there is no market reaction to its breakout back to $67,300 and $66,500.

Ethereum

This image is no longer relevant

Buy Scenario

Scenario #1: I plan to buy Ethereum today when it reaches the entry point around $2042, with a target rise to the level of $2073. At around $2072, I will exit my purchases and immediately sell on the bounce. Before buying on the breakout, ensure that the 50-day moving average is below the current price and the Awesome indicator is above zero.

Scenario #2: I can buy Ethereum at the lower boundary of $2019 if there is no market reaction to its breakout back to $2042 and $2073.

Sell Scenario

Scenario #1: I plan to sell Ethereum today when it reaches the entry point around $2019, with a target drop to $1994. At around $1994, I will exit my sales and immediately buy on the bounce. Before selling on the breakout, ensure that the 50-day moving average is above the current price and the Awesome indicator is below zero.

Scenario #2: I can sell Ethereum at the upper boundary of $2042 if there is no market reaction to its breakout back to $2019 and $1994.

Miroslaw Bawulski,
Analytical expert of InstaTrade
© 2007-2026
Earn on cryptocurrency rate changes with InstaTrade
Download MetaTrader 4 and open your first trade

Recommended Stories

Can't speak right now?
Ask your question in the chat.