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Bearish
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The empty partners continue to hold, the Nine Gods' outlook remains firmly bearish, and I believe the drop won't be too far from us. #BTC #ETH
The empty partners continue to hold, the Nine Gods' outlook remains firmly bearish, and I believe the drop won't be too far from us.

#BTC #ETH
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Broad Rally Across the Board! Trump's Major Decision On February 13 local time, the US stock market opened high and rose strongly. By the close, the Nasdaq was up 1.5%, the S&P 500 index was up 1.04%, and the Dow was up 0.77%. Large tech stocks were all in the green, with Tesla rising nearly 6%, Nvidia up over 3%, Apple up nearly 2%, and Google up over 1%. Meanwhile, European stock markets also collectively welcomed a strong rally, with the Russian RTS up over 9%, Germany's DAX30 up over 2%, and France's CAC40 index up 1.52%. On the same day, US President Trump announced in the Oval Office of the White House that he had decided to impose "reciprocal tariffs." This means that regardless of how much other countries impose tariffs on the US, the US will impose the same tariffs on them. Trump also stated that he would consider imposing tariffs on countries that use a value-added tax system and made it clear that the US would not accept the practice of shipping goods through other countries to evade tariffs. It is worth noting that although Trump announced this decision, these tariffs will not take effect immediately. White House officials stated that the tariff measures will not take effect on February 13 but may begin to be implemented in a few weeks. Some analysts pointed out that this decision not to implement immediately is seen more as a signal to start negotiations rather than a demonstration of determination to enforce the tariffs thoroughly. #BTC #ETH
Broad Rally Across the Board! Trump's Major Decision

On February 13 local time, the US stock market opened high and rose strongly. By the close, the Nasdaq was up 1.5%, the S&P 500 index was up 1.04%, and the Dow was up 0.77%. Large tech stocks were all in the green, with Tesla rising nearly 6%, Nvidia up over 3%, Apple up nearly 2%, and Google up over 1%. Meanwhile, European stock markets also collectively welcomed a strong rally, with the Russian RTS up over 9%, Germany's DAX30 up over 2%, and France's CAC40 index up 1.52%.

On the same day, US President Trump announced in the Oval Office of the White House that he had decided to impose "reciprocal tariffs." This means that regardless of how much other countries impose tariffs on the US, the US will impose the same tariffs on them. Trump also stated that he would consider imposing tariffs on countries that use a value-added tax system and made it clear that the US would not accept the practice of shipping goods through other countries to evade tariffs.

It is worth noting that although Trump announced this decision, these tariffs will not take effect immediately. White House officials stated that the tariff measures will not take effect on February 13 but may begin to be implemented in a few weeks. Some analysts pointed out that this decision not to implement immediately is seen more as a signal to start negotiations rather than a demonstration of determination to enforce the tariffs thoroughly.

#BTC #ETH
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Bearish
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The void has been extended, so it is not a big problem to give it 1,800 yuan. $BTC $ETH
The void has been extended, so it is not a big problem to give it 1,800 yuan.

$BTC $ETH
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February 14 Friday Market Analysis and Trading Suggestions In the cryptocurrency market, the trend of BTC has always attracted the attention of investors. The following is a detailed analysis and trading suggestions for BTC's trend on Friday, February 14. 1. Review of Yesterday's Live Trading Looking back at yesterday's market performance, during a specific time period in the evening, the BTC price showed a considerable upward trend. Starting from the 95,600 point level, it rose to 96,500 points, successfully capturing a profit space of 900 points. 2. Today's Market Risk Warning Today is Friday, and in the financial market, Fridays often carry certain uncertainties, especially for high-volatility assets like BTC, where one must be cautious against the risk of black swan events leading to market shifts. Therefore, investors should not blindly stick to a short-selling strategy but should flexibly adjust according to real-time market changes. 3. Technical Analysis (a) 1-Hour K-Line Chart Analysis From the 1-hour K-line chart, BTC's price trend shows a clear bullish trend. The price has been strongly rising from the lower Bollinger Band and is currently near the upper Bollinger Band, in a critical phase of testing the upper resistance. Although the bullish trend is evident, it is worth noting that its upward speed is relatively slow, which may suggest that the market is facing some resistance during the upward breakout process. Whether it can successfully break through the upper Bollinger Band resistance will become an important basis for judging BTC's price trend in the short term. (b) 4-Hour K-Line Chart Analysis Looking at the 4-hour K-line chart, BTC's price has successfully broken through the middle Bollinger Band and is stabilizing above it. This breakthrough further confirms the strength of the bulls and opens up space for further price increases. However, the resistance above should not be ignored; according to technical analysis, the resistance level is approximately at the 98,600 point line. If BTC wants to continue its upward trend, it needs to effectively break through this key resistance level. 4. Intraday Trading Suggestions Considering the above analysis, and taking into account current market uncertainties and technical pressure, today's intraday trading suggestion is to focus on short positions. The specific trading range is to attempt shorting in the 97,500 - 98,000 range, aiming for a target of 1,000 - 2,000 points downward. The above analysis and suggestions are for reference only and do not constitute investment advice. #BTC走势分析 #BTC #ETH
February 14 Friday Market Analysis and Trading Suggestions

In the cryptocurrency market, the trend of BTC has always attracted the attention of investors. The following is a detailed analysis and trading suggestions for BTC's trend on Friday, February 14.

1. Review of Yesterday's Live Trading

Looking back at yesterday's market performance, during a specific time period in the evening, the BTC price showed a considerable upward trend. Starting from the 95,600 point level, it rose to 96,500 points, successfully capturing a profit space of 900 points.

2. Today's Market Risk Warning

Today is Friday, and in the financial market, Fridays often carry certain uncertainties, especially for high-volatility assets like BTC, where one must be cautious against the risk of black swan events leading to market shifts. Therefore, investors should not blindly stick to a short-selling strategy but should flexibly adjust according to real-time market changes.

3. Technical Analysis

(a) 1-Hour K-Line Chart Analysis

From the 1-hour K-line chart, BTC's price trend shows a clear bullish trend. The price has been strongly rising from the lower Bollinger Band and is currently near the upper Bollinger Band, in a critical phase of testing the upper resistance. Although the bullish trend is evident, it is worth noting that its upward speed is relatively slow, which may suggest that the market is facing some resistance during the upward breakout process. Whether it can successfully break through the upper Bollinger Band resistance will become an important basis for judging BTC's price trend in the short term.

(b) 4-Hour K-Line Chart Analysis

Looking at the 4-hour K-line chart, BTC's price has successfully broken through the middle Bollinger Band and is stabilizing above it. This breakthrough further confirms the strength of the bulls and opens up space for further price increases. However, the resistance above should not be ignored; according to technical analysis, the resistance level is approximately at the 98,600 point line. If BTC wants to continue its upward trend, it needs to effectively break through this key resistance level.

4. Intraday Trading Suggestions

Considering the above analysis, and taking into account current market uncertainties and technical pressure, today's intraday trading suggestion is to focus on short positions. The specific trading range is to attempt shorting in the 97,500 - 98,000 range, aiming for a target of 1,000 - 2,000 points downward.

The above analysis and suggestions are for reference only and do not constitute investment advice.

#BTC走势分析 #BTC #ETH
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Comprehensive Withdrawal Guide for the Cryptocurrency Market: Safe Cash-Out Tips After making a profit in the cryptocurrency market, safe withdrawals are key, especially for beginners who need to be cautious. Assuming you have earned 10 million and are ready to withdraw, how can you avoid risks and ensure smooth fund withdrawals? This article analyzes various withdrawal methods and practical suggestions for you. 1. Withdrawal in Hong Kong: The cryptocurrency trading environment in Hong Kong is relaxed and services are convenient. You can exchange USDT and other crypto assets for Hong Kong dollars or Chinese yuan at physical stores or exchange points. It is recommended to withdraw in small batches and choose reliable exchange points to avoid offline cash transactions. Also, do not concentrate funds in one place for exchange; pay attention to market price fluctuations. 2. Withdrawal via Overseas Bank Card: If you do not want to operate on-site, you can withdraw via an overseas bank card. Taking Binance as an example, first transfer USDT to platforms like Kraken to exchange for US dollars, and then withdraw to an overseas bank card. Choose banks that support cryptocurrency transactions, such as ZhongAn and HSBC, and pay attention to withdrawal fees to ensure transaction records are normal. 3. C2C Trading Withdrawal: Withdraw by trading with individuals through peer-to-peer trading platforms to exchange digital currency for fiat currency. Trade with verified merchants on Binance's C2C platform. Choose merchants who have been registered for over 2 years and have stable transaction volumes; avoid high-frequency trading, never engage in offline transactions, and carefully confirm the other party's identity. 4. Real Case Warning: Offline trading is highly risky, as it may result in robbery or legal disputes; always be vigilant. 5. Key Points for Safe Withdrawals: Withdraw in small batches; choose trustworthy trading platforms and merchants; avoid offline transactions; understand fees and bank policies. Investments in the cryptocurrency market require rationality and cautious operations; select appropriate withdrawal methods based on your situation to ensure fund safety. Lastly, I remind everyone to remain calm and rational, and to be well-prepared to navigate further in this rapidly developing cryptocurrency market! #BTC #ETH
Comprehensive Withdrawal Guide for the Cryptocurrency Market: Safe Cash-Out Tips

After making a profit in the cryptocurrency market, safe withdrawals are key, especially for beginners who need to be cautious. Assuming you have earned 10 million and are ready to withdraw, how can you avoid risks and ensure smooth fund withdrawals? This article analyzes various withdrawal methods and practical suggestions for you.

1. Withdrawal in Hong Kong: The cryptocurrency trading environment in Hong Kong is relaxed and services are convenient. You can exchange USDT and other crypto assets for Hong Kong dollars or Chinese yuan at physical stores or exchange points. It is recommended to withdraw in small batches and choose reliable exchange points to avoid offline cash transactions. Also, do not concentrate funds in one place for exchange; pay attention to market price fluctuations.
2. Withdrawal via Overseas Bank Card: If you do not want to operate on-site, you can withdraw via an overseas bank card. Taking Binance as an example, first transfer USDT to platforms like Kraken to exchange for US dollars, and then withdraw to an overseas bank card. Choose banks that support cryptocurrency transactions, such as ZhongAn and HSBC, and pay attention to withdrawal fees to ensure transaction records are normal.
3. C2C Trading Withdrawal: Withdraw by trading with individuals through peer-to-peer trading platforms to exchange digital currency for fiat currency. Trade with verified merchants on Binance's C2C platform. Choose merchants who have been registered for over 2 years and have stable transaction volumes; avoid high-frequency trading, never engage in offline transactions, and carefully confirm the other party's identity.
4. Real Case Warning: Offline trading is highly risky, as it may result in robbery or legal disputes; always be vigilant.
5. Key Points for Safe Withdrawals: Withdraw in small batches; choose trustworthy trading platforms and merchants; avoid offline transactions; understand fees and bank policies. Investments in the cryptocurrency market require rationality and cautious operations; select appropriate withdrawal methods based on your situation to ensure fund safety.

Lastly, I remind everyone to remain calm and rational, and to be well-prepared to navigate further in this rapidly developing cryptocurrency market!

#BTC #ETH
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Cryptocurrency market recovers, Ethereum and BNB surge Against the backdrop of an overall recovery in the cryptocurrency market, Ethereum and BNB prices surged in the latest trading day, highlighting the active and dynamic changes in the crypto market. At present, new developments in the regulatory environment and the gradual increase in investor confidence have greatly boosted market sentiment. However, cryptocurrencies still face many challenges in their efforts to return to previous highs. "One of the biggest problems facing the ETH ETF is that it cannot be pledged. Once approved, it may completely change the market landscape." Minjung, a research analyst at Presto, pointed out that he emphasized the potential impact of recent filings from the U.S. Securities and Exchange Commission (SEC). This view shows that the relevant dynamics of ETFs have an important role to play in the direction of the cryptocurrency market. Recently, Ethereum and BNB have soared in trading, driven by regulatory news and a comprehensive recovery in the market. At the same time, Bitcoin has also shown strong resilience in the context of macroeconomic uncertainty. In terms of overall market performance, the total value of the cryptocurrency market rose by 3.2% in the past day, and the GMCI 30 index tracking the 30 largest cryptocurrencies rose by as much as 4.6%. Although the latest US Consumer Price Index (CPI) data showed an unexpected monthly increase of 0.5%, which caused initial market volatility, the market quickly stabilized. The data suggested that inflation has continued to rise, prompting market participants to re-examine their expectations for the Fed's interest rate adjustment, which also indirectly reflects the close connection between the cryptocurrency market and macroeconomic indicators and the market's broad response to economic data.
Cryptocurrency market recovers, Ethereum and BNB surge

Against the backdrop of an overall recovery in the cryptocurrency market, Ethereum and BNB prices surged in the latest trading day, highlighting the active and dynamic changes in the crypto market. At present, new developments in the regulatory environment and the gradual increase in investor confidence have greatly boosted market sentiment. However, cryptocurrencies still face many challenges in their efforts to return to previous highs.

"One of the biggest problems facing the ETH ETF is that it cannot be pledged. Once approved, it may completely change the market landscape." Minjung, a research analyst at Presto, pointed out that he emphasized the potential impact of recent filings from the U.S. Securities and Exchange Commission (SEC). This view shows that the relevant dynamics of ETFs have an important role to play in the direction of the cryptocurrency market.

Recently, Ethereum and BNB have soared in trading, driven by regulatory news and a comprehensive recovery in the market. At the same time, Bitcoin has also shown strong resilience in the context of macroeconomic uncertainty.

In terms of overall market performance, the total value of the cryptocurrency market rose by 3.2% in the past day, and the GMCI 30 index tracking the 30 largest cryptocurrencies rose by as much as 4.6%. Although the latest US Consumer Price Index (CPI) data showed an unexpected monthly increase of 0.5%, which caused initial market volatility, the market quickly stabilized. The data suggested that inflation has continued to rise, prompting market participants to re-examine their expectations for the Fed's interest rate adjustment, which also indirectly reflects the close connection between the cryptocurrency market and macroeconomic indicators and the market's broad response to economic data.
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Here are the 10 public companies that hold the most BTC portfolios: 1. MicroStrategy (now Strategy): Transformed from a business analysis platform to a BTC financial company, it holds 461,000 BTC as of January 2025, worth more than $48 billion, accounting for more than 2%. Executive Chairman Michael Saylor is keen on investing in BTC. 2. Marathon Digital Holdings Inc.: BTC mining company, holding 44,394 BTC in December 2024, worth more than $4.6 billion. Former patent holding company, later transformed, aiming to build a large-scale, low-cost mining business in North America. 3. Riot Platforms, Inc.: US crypto mining company, holding 17,722 BTC, about $1.85 billion. Nasdaq-listed company, with fast valuation growth, actively expanding and diversifying its business. 4. Galaxy Digital Holdings: A cryptocurrency commercial bank established in 2018, it holds about 11,242 BTC in November 2024, worth about $1.18 billion. Providing digital asset services to institutions, the founder is optimistic about BTC. 5. Hut 8 Corp: Canadian BTC mining company, holding 10,096 BTC in December 2024, over $1 billion. Going public in 2021, merging with US Bitcoin in 2023, and also involved in AI computing. 6. Tesla: Invested $1.5 billion in BTC in December 2020, held 9,720 BTC in January 2025, slightly over $1 billion. Musk's attitude towards investing in BTC has been inconsistent. 7. Coinbase Global, Inc.: A well-known cryptocurrency exchange, with 9,363 BTC in stock in September 2024, about $980 million. The stock price rebounded after the 2024 election, and there are innovative businesses. 8. CleanSpark: A US BTC mining company, holding 9,297 BTC, about $975 million. Expanding business in 2024, mining performance is good, and stock price rises. 9. Block, Inc.: Square's parent company, invested $50 million in BTC in October 2020, and held 8,363 BTC at the end of September 2024, worth about $876 million. The CEO is keen on BTC and has related technology investments. 10. Bitcoin Group SE: A German venture capital company, holding about 3,678 BTC, worth $385 million. Invested in the establishment of Germany's first crypto bank.
Here are the 10 public companies that hold the most BTC portfolios:

1. MicroStrategy (now Strategy): Transformed from a business analysis platform to a BTC financial company, it holds 461,000 BTC as of January 2025, worth more than $48 billion, accounting for more than 2%. Executive Chairman Michael Saylor is keen on investing in BTC.

2. Marathon Digital Holdings Inc.: BTC mining company, holding 44,394 BTC in December 2024, worth more than $4.6 billion. Former patent holding company, later transformed, aiming to build a large-scale, low-cost mining business in North America.

3. Riot Platforms, Inc.: US crypto mining company, holding 17,722 BTC, about $1.85 billion. Nasdaq-listed company, with fast valuation growth, actively expanding and diversifying its business.

4. Galaxy Digital Holdings: A cryptocurrency commercial bank established in 2018, it holds about 11,242 BTC in November 2024, worth about $1.18 billion. Providing digital asset services to institutions, the founder is optimistic about BTC.

5. Hut 8 Corp: Canadian BTC mining company, holding 10,096 BTC in December 2024, over $1 billion. Going public in 2021, merging with US Bitcoin in 2023, and also involved in AI computing.

6. Tesla: Invested $1.5 billion in BTC in December 2020, held 9,720 BTC in January 2025, slightly over $1 billion. Musk's attitude towards investing in BTC has been inconsistent.

7. Coinbase Global, Inc.: A well-known cryptocurrency exchange, with 9,363 BTC in stock in September 2024, about $980 million. The stock price rebounded after the 2024 election, and there are innovative businesses.

8. CleanSpark: A US BTC mining company, holding 9,297 BTC, about $975 million. Expanding business in 2024, mining performance is good, and stock price rises.

9. Block, Inc.: Square's parent company, invested $50 million in BTC in October 2020, and held 8,363 BTC at the end of September 2024, worth about $876 million. The CEO is keen on BTC and has related technology investments.

10. Bitcoin Group SE: A German venture capital company, holding about 3,678 BTC, worth $385 million. Invested in the establishment of Germany's first crypto bank.
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Bullish
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Last night we decisively issued a long strategy at 94,800, and this morning the market provided positive feedback, with a considerable profit margin. Those who saw the strategy and followed it successfully reaped a wave of dividends. Next, let's analyze the morning market trends in detail. After the market opened this morning, the bullish momentum was extremely strong, sweeping away the previous sluggish state. Prices quickly rose, showcasing strong upward momentum. From a technical perspective, the moving average system shows a bullish arrangement, and various technical indicators are also releasing positive signals, indicating the current strong market pattern. Regarding the morning market, we need to closely monitor the pullback dynamics. Although the current bullish trend is strong, the market often experiences a certain degree of pullback during the upward process to digest previous gains and accumulated profits. Based on past experience and current market sentiment analysis, this pullback is likely to fall back to around 96,000. This presents an excellent entry opportunity, and everyone can take this chance to position short-term long trades. Once the pullback is in place and stabilizes, the subsequent prices are expected to continue the upward trend, climbing steadily. The key resistance level above is at 99,000. As bullish forces continue to accumulate, the market is very likely to test this important area. If it can successfully break through this resistance level, it will open up new upward space, further driving prices higher.
Last night we decisively issued a long strategy at 94,800, and this morning the market provided positive feedback, with a considerable profit margin. Those who saw the strategy and followed it successfully reaped a wave of dividends. Next, let's analyze the morning market trends in detail.

After the market opened this morning, the bullish momentum was extremely strong, sweeping away the previous sluggish state. Prices quickly rose, showcasing strong upward momentum. From a technical perspective, the moving average system shows a bullish arrangement, and various technical indicators are also releasing positive signals, indicating the current strong market pattern.

Regarding the morning market, we need to closely monitor the pullback dynamics. Although the current bullish trend is strong, the market often experiences a certain degree of pullback during the upward process to digest previous gains and accumulated profits. Based on past experience and current market sentiment analysis, this pullback is likely to fall back to around 96,000. This presents an excellent entry opportunity, and everyone can take this chance to position short-term long trades.

Once the pullback is in place and stabilizes, the subsequent prices are expected to continue the upward trend, climbing steadily. The key resistance level above is at 99,000. As bullish forces continue to accumulate, the market is very likely to test this important area. If it can successfully break through this resistance level, it will open up new upward space, further driving prices higher.
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After being in the KOL circle for a long time, I have figured out a set of "immune" speech skills. When someone asks me about my opinion on a certain coin, my first reaction is to ask about the other party's position. If the other party has a heavy position, I will talk to him about the concept of long-term value investment, and then tactfully persuade him to reduce his position appropriately. In this way, no matter whether the subsequent coin price soars and makes him sell it, or continues to fall and traps him, he will be grateful to me from the bottom of his heart and think that I am really considering him. If the other party has a light position, I will analyze that the coin price is likely to be in a volatile state, neither blindly singing bullish nor overly bearish, giving people an objective and rational feeling. If the other party is in a short position, I will directly be bearish, and at the same time persuade him to build a very small observation warehouse first, just like an ant moving house, and intervene little by little, so that he can satisfy his curiosity to enter the market without letting him take too much risk at once. I have to say that KOLs who master this set of rhetoric are indeed more popular in the circle, and everyone loves to listen to it. Unlike me, I only know how to study BTC and ETH, stick to my own beliefs, and as a result, I am often chased and called "idiot". It's really helpless.
After being in the KOL circle for a long time, I have figured out a set of "immune" speech skills. When someone asks me about my opinion on a certain coin, my first reaction is to ask about the other party's position.

If the other party has a heavy position, I will talk to him about the concept of long-term value investment, and then tactfully persuade him to reduce his position appropriately. In this way, no matter whether the subsequent coin price soars and makes him sell it, or continues to fall and traps him, he will be grateful to me from the bottom of his heart and think that I am really considering him.

If the other party has a light position, I will analyze that the coin price is likely to be in a volatile state, neither blindly singing bullish nor overly bearish, giving people an objective and rational feeling.

If the other party is in a short position, I will directly be bearish, and at the same time persuade him to build a very small observation warehouse first, just like an ant moving house, and intervene little by little, so that he can satisfy his curiosity to enter the market without letting him take too much risk at once.

I have to say that KOLs who master this set of rhetoric are indeed more popular in the circle, and everyone loves to listen to it. Unlike me, I only know how to study BTC and ETH, stick to my own beliefs, and as a result, I am often chased and called "idiot". It's really helpless.
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Bearish
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The market trends that Bitcoin and Ethereum want are still to come, and what just happened is just the beginning. #加密市场回调
The market trends that Bitcoin and Ethereum want are still to come, and what just happened is just the beginning.

#加密市场回调
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This morning, BTC still maintained a bearish trend, gradually fluctuating downward from the high point of 96468, and the lowest point reached 95050. There was a rebound at noon, and it is currently running around 96000. ETH is also dominated by the bearish trend. After falling from the high point of 2630 in the morning to the low point of 2566, it is currently fluctuating around 2600. The current market increase is false, and the long and short positions are intertwined in the short term, and the market volatility base is increasing. From the four-hour level, the K-line is interchangeable, resulting in a small step-by-step oscillation and decline, and the overall structure is still in the downward channel. However, the moving average indicator is still messy and divergent. It is currently in the long-short conversion stage, which may be accompanied by the conversion of high-exploration and decline. In the afternoon, it is still expected to continue to decline, and the main theme is still bearish. BTC can be shorted around 96500 - 97000, with a target of 95000-94000; ETH can be shorted around 2650-2680, with a target of 2500-2300 $BTC $ETH
This morning, BTC still maintained a bearish trend, gradually fluctuating downward from the high point of 96468, and the lowest point reached 95050. There was a rebound at noon, and it is currently running around 96000. ETH is also dominated by the bearish trend. After falling from the high point of 2630 in the morning to the low point of 2566, it is currently fluctuating around 2600.

The current market increase is false, and the long and short positions are intertwined in the short term, and the market volatility base is increasing. From the four-hour level, the K-line is interchangeable, resulting in a small step-by-step oscillation and decline, and the overall structure is still in the downward channel. However, the moving average indicator is still messy and divergent. It is currently in the long-short conversion stage, which may be accompanied by the conversion of high-exploration and decline. In the afternoon, it is still expected to continue to decline, and the main theme is still bearish.

BTC can be shorted around 96500 - 97000, with a target of 95000-94000;

ETH can be shorted around 2650-2680, with a target of 2500-2300

$BTC $ETH
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Matrixport pointed out that Ethereum is approaching the extremely oversold area, and its relative strength index (RSI) has bottomed out to a historical low. Ethereum's RSI has slipped to an unprecedented low, which means that it is in an extremely oversold state. This situation usually indicates that after the recent sharp correction, the price of ETH may have the conditions to rebound. It is worth noting that Ethereum has recently seen the largest CEX fund outflow in nearly two years, which shows that long-term investors still have firm confidence in it. In addition, Ethereum's Pectra upgrade is scheduled to be implemented in March 2025. This upgrade will integrate the originally planned Prague and Electra versions, greatly enhancing the network scalability, operational efficiency and overall user experience. Before the official upgrade in March, the market generally expects a series of test network announcements to be released, which is expected to boost market sentiment.
Matrixport pointed out that Ethereum is approaching the extremely oversold area, and its relative strength index (RSI) has bottomed out to a historical low. Ethereum's RSI has slipped to an unprecedented low, which means that it is in an extremely oversold state.

This situation usually indicates that after the recent sharp correction, the price of ETH may have the conditions to rebound. It is worth noting that Ethereum has recently seen the largest CEX fund outflow in nearly two years, which shows that long-term investors still have firm confidence in it.

In addition, Ethereum's Pectra upgrade is scheduled to be implemented in March 2025. This upgrade will integrate the originally planned Prague and Electra versions, greatly enhancing the network scalability, operational efficiency and overall user experience. Before the official upgrade in March, the market generally expects a series of test network announcements to be released, which is expected to boost market sentiment.
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BTC market fluctuates, bears temporarily have the upper hand In the early hours of last night, the cryptocurrency market suddenly changed, and the bears made a comeback, attacking as strongly as a tiger descending from the mountain. BTC prices suffered a heavy blow, and under the fierce attack of bears, they plummeted sharply, entering the "free fall" mode, plummeting all the way to the lowest point in nearly a week, and almost fell below $94,600. With the arrival of the morning, there was a glimmer of hope in the market, and the BTC price showed signs of rebound, once rising to around $97,000. However, the bulls' counterattack did not seem to last long. They encountered a tenacious attack from bears here, and the strong resistance instantly blocked the upward path, and the rebound came to an abrupt end. Looking at the current market from a macro perspective, the bears still firmly control the dominant power of the general trend, and they are aggressive. On the other hand, although the bulls have the intention to struggle to rebound, they seem to be powerless, and the rebound strength is extremely weak. The meager power is difficult to shake the market pattern dominated by the bears, just like a small sampan challenging a huge ship, and it is difficult to set off waves. Operation suggestion: In view of the current market situation, if the BTC price rebounds to the range of 97,000-97,500 US dollars, you can consider deploying a short position with the target price at 95,000-94,000 US dollars.
BTC market fluctuates, bears temporarily have the upper hand

In the early hours of last night, the cryptocurrency market suddenly changed, and the bears made a comeback, attacking as strongly as a tiger descending from the mountain. BTC prices suffered a heavy blow, and under the fierce attack of bears, they plummeted sharply, entering the "free fall" mode, plummeting all the way to the lowest point in nearly a week, and almost fell below $94,600.

With the arrival of the morning, there was a glimmer of hope in the market, and the BTC price showed signs of rebound, once rising to around $97,000. However, the bulls' counterattack did not seem to last long. They encountered a tenacious attack from bears here, and the strong resistance instantly blocked the upward path, and the rebound came to an abrupt end.

Looking at the current market from a macro perspective, the bears still firmly control the dominant power of the general trend, and they are aggressive. On the other hand, although the bulls have the intention to struggle to rebound, they seem to be powerless, and the rebound strength is extremely weak. The meager power is difficult to shake the market pattern dominated by the bears, just like a small sampan challenging a huge ship, and it is difficult to set off waves.

Operation suggestion: In view of the current market situation, if the BTC price rebounds to the range of 97,000-97,500 US dollars, you can consider deploying a short position with the target price at 95,000-94,000 US dollars.
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Recently, the price trend of BTC has attracted much attention. It once broke through $100,000, but then retreated and fluctuated sharply in the past 24 hours. The uncertainty of the market makes traders react strongly to short-term fluctuations, but the trend of long-term stability is gradually emerging, mainly due to the continued holding of mature investors. From the data, since BTC hit an all-time high in March 2024, the RHODL (Realized HODL) ratio is 23%. This shows that although the new demand is huge, the wealth of tokens held for more than three months is much lower than in previous cycles, and the inflow of new demand is sudden, not continuously and steadily growing. It is worth noting that the current market cycle is different from the past. In the past, it usually ended one year after the first breakthrough of the historical high, but after this breakthrough, the demand did not reach the level of past rebounds, and there are many questions about the future market trend. In terms of volatility, the actual volatility of the three-month rolling window in this cycle is less than 50%, which is much lower than the volatility of 80%-100% in the past bull market. Lower volatility means that the price trend of BTC is more structural, and mature investors have created a more stable market environment. Moreover, the 2023-2025 cycle is a step-by-step pattern, with a consolidation period after the price rise. Unlike previous cycles of extreme volatility, the current price rises gradually, reducing the risk of extreme collapse. If the $100,000 can be regained, the bullish momentum may be rekindled and the bearish outlook will be invalidated. $BTC #BTC #ETH
Recently, the price trend of BTC has attracted much attention. It once broke through $100,000, but then retreated and fluctuated sharply in the past 24 hours. The uncertainty of the market makes traders react strongly to short-term fluctuations, but the trend of long-term stability is gradually emerging, mainly due to the continued holding of mature investors.

From the data, since BTC hit an all-time high in March 2024, the RHODL (Realized HODL) ratio is 23%. This shows that although the new demand is huge, the wealth of tokens held for more than three months is much lower than in previous cycles, and the inflow of new demand is sudden, not continuously and steadily growing.

It is worth noting that the current market cycle is different from the past. In the past, it usually ended one year after the first breakthrough of the historical high, but after this breakthrough, the demand did not reach the level of past rebounds, and there are many questions about the future market trend.

In terms of volatility, the actual volatility of the three-month rolling window in this cycle is less than 50%, which is much lower than the volatility of 80%-100% in the past bull market. Lower volatility means that the price trend of BTC is more structural, and mature investors have created a more stable market environment. Moreover, the 2023-2025 cycle is a step-by-step pattern, with a consolidation period after the price rise. Unlike previous cycles of extreme volatility, the current price rises gradually, reducing the risk of extreme collapse. If the $100,000 can be regained, the bullish momentum may be rekindled and the bearish outlook will be invalidated.

$BTC #BTC #ETH
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