Crypto markets on Saturday (February 15): BTC hits $98,000, while XRP rises 10% and meme coins gain strongly, signaling a recovery trend is brewing.
The cryptocurrency market once again attracted the attention of global investors on Saturday, with major currencies showing an upward trend. On February 15, the price of Bitcoin (BTC) approached $98,000, while Ethereum (ETH), Solana (SOL), and XRP prices rose by 1%-10%. Notably, even the meme coin market reflected the bullish trend, with the market capitalization of the sector soaring 6.5% to $75.66 billion.
Blood flows like rivers! Has Bitcoin's direction been determined? The Argentine president's "scalpel" is out! Currency issuance leads to an 80% crash in one hour! Celebrity coins are just "scalping" coins!
Bitcoin has been oscillating for nearly three months, unable to go up or down, truly a garbage time. Large positions are waiting for opportunities; if it can go down, then buy the dip. If it goes up, then wait for the market to break through resistance and form a trend before entering. The overall probability of a sudden market movement is almost nonexistent. If this position is the bottom, there will at least be a bottom oscillation period, providing enough time to build positions. Currently, the small-scale Bitcoin market is very cunning, with various false breakouts and false breakdowns. At this position, there can be two perspectives in my system as follows: Figure 1 is a script for a direct rise, understood as breaking through the green trend line, aiming to hit above the red trend line.
Bitcoin (BTC) Recovers to $97,000, Ripple (XRP) Soars 12% Daily
In the past 24 hours, the cryptocurrency market has shown signs of recovery, with several leading digital assets experiencing mild increases. Bitcoin (BTC) rose by 1%, breaking back above $97,000.
Meanwhile, many prominent altcoins have outperformed major cryptocurrencies, especially Ripple (XRP), which saw its valuation jump two digits, becoming a highlight in the market. This surge indicates strong demand for certain altcoins.
BTC is slowly recovering This week, Bitcoin (BTC) experienced quite a bit of volatility, with prices fluctuating between below $95,000 and close to $100,000. On February 7th, Bitcoin briefly approached its upper limit but saw a significant pullback in the following days.
What matters is the mindset. Many people think that this thing can make them rich overnight, doubling their wealth. The result is often a disastrous end. Remember, contract trading is not gambling, but a technical skill!
The most common mistake beginners make is to over-leverage, not understanding how to plan their positions, and getting anxious when they see market fluctuations, wanting to jump in entirely. What happens? A single pullback makes you question your life choices. Remember, being cautious is the way to go; surviving gives you a chance.
Don’t always think about catching every fluctuation. The market is always moving, but the money in our pockets is limited. Find your own rhythm and trade in a market you understand. When you don’t understand, just observe; no one is forcing you to trade every day.
Lastly, a reminder: contract trading is risky, so be cautious. Don’t do things beyond your capabilities, and don’t gamble with a reckless mindset. As long as the green hills remain, there’s no need to worry about firewood.
Countdown to Federal Reserve Balance Sheet Expansion! RWA + AI Will Become the New Engine for ETH, Will the Altcoin Bull Market Restart Soon? Focus on Three Major Sectors!
Let's first review the historical patterns of liquidity-driven bull markets. 2016-2017 The period of US dollar liquidity easing began, with Bitcoin soaring from hundreds of dollars to nearly $20,000, and smaller market cap altcoins following suit. During this phase, the overall market size was relatively small, and the influx of funds easily created a 'low market cap leverage effect.' 2020-2021 Post-pandemic, the Federal Reserve's massive QE (quantitative easing) led to a 90-degree surge in dollar liquidity. Bitcoin broke through $69,000, and Ethereum skyrocketed to $4,800 thanks to DeFi, NFT, and other ecological narratives, driving the full explosion of new public chains like SOL, AVAX, and other altcoins.
Zhao Changpeng CZ's dog 'Broccoli' sparks a Broccoli meme coin craze, surging 8000% in one hour
1. Market Trend: BTC fell, and altcoins dropped broadly. U.S. stocks are rising, and the U.S. and Russia have begun ceasefire negotiations. 2. Market Highlights: 1. Several Broccoli tokens on the BSC chain surged, and CZ announced the dog's name. The IDO of MyShell on Cake surged to a market cap of $100 million, though the BNB wallet experience was poor. About $200 million has cross-chained to the BSC chain in the past day. 2. On the public chain Story, OK and Coinbase are involved. Story is an IP public chain led by a16z, with a market cap of $2 billion, below the valuation of the last financing round. 3. The meme 'fullsend' on the Solana chain surged, with the founder having someone send 60% of the coins to his address, denying it but also forwarding it, playing both sides.
CZ's pet dog 'Broccoli' has stirred up a frenzy on the BNB chain, but he distances himself: How meme coins are played has nothing to do with me! Here are my thoughts...
Binance founder Zhao Changpeng (CZ) revealed late at night on February 12 during an interaction with netizens that he has a Belgian Malinois, but did not disclose its name or photo. After the news broke, the community urged CZ to publicly disclose pet information to create corresponding meme coins. CZ did not respond immediately, only stating that he would take a day to consider whether to disclose. At 9 PM last night, CZ finally decided to reveal the name of the pet dog along with a photo. At 12:12 AM today, he officially announced that his dog's name is Broccoli and shared the story behind it.
BULLISH: GameStop surged 20% due to reports of investing in Bitcoin. From last year to this year, any listed company that announced purchasing Bitcoin saw its stock soar on the same day. Bitcoin has become the best catalyst for boosting stock prices of publicly traded companies. #bullish
XRP price surged today, sparking speculation of a potential rise to $15. My view is optimistic, as Ripple's native cryptocurrency shows signs of breaking through key resistance levels. In discussions about a U.S. XRP reserve, market experts predict significant price fluctuations in the future. However, despite recent performance stagnation, can the cryptocurrency maintain its momentum and reach new highs? Let's explore this here. I predict that the XRP price will reach $15 for the following reasons XRP price may have broken out of a symmetrical triangle pattern. As I understand it, this breakout lays the foundation for a potential rise to $15. This technical pattern indicates strong upside potential.
Bitcoin Surges $6,000, Is It a Pump or a Bull Return? CZ Leads the Surge in BSC, Myth of Surges, Will Big Dog Surpass TST?
After the overnight surge of BTC by $6,000 reaching $93,263, it has pulled back, continuing to rise until this morning when it stood above $97,000. The reason is naturally the release of the U.S. CPI data at 9 PM last night, as mentioned in yesterday's article (Bitcoin's 'Cannibal' Bull Market! The Myth of Getting Rich vs. Harvesting Feast? How to Play the Market Next?). The CPI data exceeded expectations, leading to a drop in BTC followed by a rebound. Within 4 hours, Bitcoin surged by $6,000 reaching $93,263 before pulling back.
Inflation data has significantly exceeded expectations, forcing the market to delay its estimates for the Federal Reserve's interest rate cuts in 2025. It's very likely there will only be one rate cut in 2025, with the second directly postponed to the end of 2026! The Fed's rate hikes have never really controlled inflation; they can only postpone it. The interest rate hikes today are just the water released in the future.
My AI Agent track's tokens have broken even on one, and there are two at a loss. Each time, the tokens of the AI Agent track have the strongest price increase. If you are still nostalgic for the bull market, the most worthwhile purchase is the tokens of the AI Agent track. Standing at the wind gap, even a pig can fly.
Meme coins are draining the market; patience in the secondary market is advised; currently consider the primary public chain project Monad.
A large influx of funds into the Memecoin market has led to reduced attention on other projects and a dispersion of market funds. In addition, many investors have incurred losses due to the high speculation of Memecoins, further weakening market confidence. This is also an important challenge facing the current cryptocurrency market: Despite a large inflow of funds, most of the capital has flowed into short-term, high-risk investments, lacking long-term sustainable development projects. During this process, while some projects like Bitcoin and Solana have shown stable growth, others have struggled to continuously generate meaningful value. This situation puts the entire market in a precarious state.
Is Shiba Inu about to take off? Can SHIB achieve the $1 myth!
Shiba Inu is currently one of the leading meme coins, rapidly gaining attention from investors. As the cryptocurrency market is currently struggling with turbulent forces, SHIB's momentum has significantly slowed, resulting in the token trading at a low price of $0.00001605. That said, can SHIB truly break through and reach incredible price highs like in 2021? Let's find out. Shiba Inu: Will the token gain momentum soon?
Given its immense popularity and potential, Shiba Inu is currently the focus of speculation. In the latest SHIB developments, the token has formed a new partnership with the UAE government to "revitalize web3." These promising developments could be one of the keys to pushing XRP to new highs and may help the token emerge from its price slump soon.
Calm Before the Storm? When Will the Tug-of-War Between Bulls and Bears End? Consider the Following Three Upcoming Altcoins Poised for a 10x Surge!
Recently, the market has been in a tug-of-war, with BTC bulls and bears repeatedly contesting between $100,000 and $96,000. The past week has seen significant pullbacks, briefly dropping below the support level of $91,000, indicating rising anxiety among investors regarding the short-term trend. To reignite bullish momentum, Bitcoin first needs to stabilize above the key level of $98,000, which will lay the groundwork for a breakthrough of the psychological barrier of $100,000. Once Bitcoin successfully breaks through and stabilizes above the $100,000 mark, it will confirm a strong return of bullish momentum, with the potential for further upward movement into higher supply zones, initiating a new rally.
The market is caught in a tug-of-war, and significant volatility may occur? Anxiety over short-term trends is intensifying!
Bitcoin is currently oscillating in a key support area, stabilizing around the 100-day moving average, approximately at $95,000. This price level is significant because it has historically been the starting point for Bitcoin's upward rebound, and we can also see that many buyers are interested here. Recent recovery signs indicate that the upward momentum may be strengthening, which could lay the foundation for further increases in Bitcoin. However, despite the optimism, Bitcoin remains trapped in a large range between $90,000 and $108,000. Only a decisive breakout from this range can clarify a clearer long-term trend. If buyers regain control, Bitcoin may head towards the middle boundary of the upward channel, which is $103,000. Until then, price fluctuations are expected to be more intense.
These AI agents on the Sol chain have generally dropped by 5-10 times. In the short term, there are signs of bottoming out, and a decent rebound may be on the way soon. It is worth paying attention to.
After a big drop, the bottom is oscillating. The 4-hour line is repeatedly fluctuating to build a bottom, waiting for confirmation from the news. On the 12th, there is a CPI report, which is likely to be within expectations. Just hang in there; if it can't drop further, it's destined to rise!