This is a broad principle that covers many aspects of life, including personal relationships, relationships with colleagues, and business transactions. I believe in treating people fairly. Don't take advantage of others, and don't let others take advantage of you. If you can't grasp this balance, you won't achieve much in your life. However, many things are easier said than done. Everyone is subjective and slightly biased. We need to resist this thinking and remain as objective as possible.
OP once again suggests gradually building positions in the range of 1.08-0.94
The current market has just experienced a significant decline, with considerable volatility in the short term. However, from a medium to long-term perspective, a price difference of 1-2 points can be considered negligible.
Take profit target:
Initial take profit level set at 1.25, with further targets looking towards 1.4.
Stop loss position:
If the price falls below 0.88, decisive action should be taken to stop loss and exit to control risk.
财经东晨
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OP pays attention to opportunities below $1
With the favorable upgrade of Ethereum in March, this old currency can be considered for purchase. OP has been sideways for half a month. The longer the sideways period, the greater the possibility of accumulating funds and accumulating momentum for upward movement!
Over the past week, the cryptocurrency market has experienced dramatic fluctuations, like a roller coaster. The sudden security incident of Bybit Exchange triggered panic in the market, leading to a large-scale sell-off, and finally a long negative line on the weekly line. Currently, Bitcoin continues to fluctuate around $95,000. On-chain data shows that the Bitcoin inventory of exchanges continues to decrease. In addition, it should be noted that this round of withdrawals is mainly due to investors avoiding the risks of centralized platforms, rather than the influx of bargain hunting funds.
Nevertheless, a noteworthy phenomenon is that although the Bitcoin ETF has experienced net outflows for more than ten consecutive days, the price of the currency still shows strong resistance to decline. This may indicate that the market selling pressure is nearing its end.
The PCE price index to be released this Friday may become a key catalyst for the market. If the inflation data is lower than expected, it may trigger a new round of rising market. Overall, keep the mid-line bullish thinking unchanged, and wait patiently for the market to complete the more than 20-day wash cycle before resuming the upward trend.
With the favorable upgrade of Ethereum in March, this old currency can be considered for purchase. OP has been sideways for half a month. The longer the sideways period, the greater the possibility of accumulating funds and accumulating momentum for upward movement!
After years of trading cryptocurrencies, this year I see the situation most clearly. The landscape of altcoins has mostly reverted to its original form. From last year to this year, altcoins have been repeatedly harvested, and funds in the secondary market have continued to flow out. Besides Bitcoin, other cryptocurrencies are continuously hitting new lows. A few years ago, it was common for altcoins to rebound one to two times or even more after a sharp decline in major exchanges, but now those who bought at the halfway point seem to still be at the peak, while in reality, they have long been trapped.
Only when those who blindly chase after rising prices exit the market and lose interest in the blockchain will the secondary market perhaps welcome a glimmer of hope. But clearly, now is not the time.
Looking back at history, Ethereum once skyrocketed due to the ICO frenzy, but subsequently, the project teams collectively cashed out, which directly led to ETH being halved. Now SOL is experiencing a similar situation, and with $2 billion worth of tokens being unlocked on March 1, it undoubtedly poses immense pressure on SOL.
The current market is like a drained fish pond, with most tokens having dropped by 90%, but they may continue to fall further because there are no buyers for worthless coins. In such a market, cryptocurrencies that can withstand sharp declines may be the true targets worth paying attention to in the future.
Daily line: bottom support level, but the probability of breaking down is high, and it may fall rapidly after breaking down.
4 hours: The long upper shadow line K line at 95600 is a bearish signal. Pay attention to whether it will break down. If it breaks down, it will be an entry opportunity.
Ethereum:
Top pressure level, a short reversal signal has been formed.
Maintain independent trading ideas and pay attention to the trend in the consolidation range.
Summary: Bitcoin pays attention to the 95600 support and guards against a sharp drop; Ethereum is alert to short signals and operates independently.
The reason is simple: the development of the cryptocurrency industry has reached a bottleneck, and the growth space has been almost compressed to the limit.
The trading share of Bitcoin (BTC), the core of the exchange's survival, is gradually being eroded by Bitcoin ETFs. Today, the most active trading hours in the market are almost concentrated in the opening hours of ETFs. Both trading volume and volatility are mostly concentrated in the ETF trading hours in the US market, especially in the evening. By the weekend, the market was almost stagnant and volatility dropped sharply, which further demonstrated the siphon effect of traditional financial markets on the crypto market.
In my opinion, the 3 to 4 months after Trump's victory may be the last carnival of market liquidity. If the "strategic retreat" is not completed in time before then, the result is likely to be failure.
In the future, the landscape of the crypto industry will be more severe, and the window of opportunity left for us is closing rapidly.
The recovery of ETH spot ETF cannot hide the market’s indifference, and the epic unlocking of SOL may become a turning point for the ‘gold pit’!
Last Friday, the crypto market saw a small rebound, with both BTC and ETH prices rising, and the capital flow of spot ETFs also showed signs of improvement. In particular, ETH has achieved positive inflows for two consecutive days, injecting a bit of confidence into the market. BlackRock performed well on Thursday, while Fidelity became the main source of capital inflows on Friday. However, overall, market activity is still limited, with only Grayscale and Fidelity data fluctuating.
Grayscale continued to reduce its holdings of ETH, but the amount sold on Friday was only 1,512, which had little impact on the market. The current market has entered a "wait-and-see period", and spot ETF data more reflects the sentiment of American investors and is unlikely to have a decisive impact on prices. Judging from the performance in the 29th week, the purchasing power of ETH spot ETF has declined significantly, which is related to the high base caused by BlackRock's large-scale purchase of more than 100,000 ETH in the 28th week. Even so, the data for Week 29 was the lowest in nearly five weeks.
BTC: FTX will begin distributing approximately $7 billion in cash to creditors on February 18. This is a key move in the exchange's bankruptcy proceedings and is expected to significantly impact market liquidity and investor sentiment.
JUP: Jupiter's JUP buyback program will launch tomorrow, with 50% of the protocol fees used for repurchasing JUP tokens.
HYPE: The decentralized exchange Hyperliquid will expand its services, adding support for ETH and SOL spot trading.
MELANIA: On February 20, approximately 40% of MELANIA's circulating supply will be unlocked.
EGLD: MultiversX hinted at the launch of several important artificial intelligence (AI) products in the coming weeks.
TON: Starting February 21, Toncoin will become the dedicated blockchain for the Telegram mini-program ecosystem.
In the past, there was an "unwritten rule" in the cryptocurrency world that said, "Prices always fall during conferences." Every time there was a large industry conference, cryptocurrency prices tended to drop. Tomorrow is the Consensus conference of 2025, and this time it's a bit special because it's the first time Coindesk has scheduled the conference in Asia, and in Hong Kong no less!
Previously, such conferences were always held in the United States, but this choice of Asia indicates that the crypto community has become increasingly aware of Asia's growing influence, and the focus of the entire industry is shifting here. However, in this bull market, many of the previous "rules" have been broken, so whether the "prices always fall during conferences" strategy still holds true is hard to say. It will depend on the actual situation of the conference and market reactions tomorrow. The current market is no longer operating under the old patterns of reasoning; many factors could change expectations, so we will need to observe the specific trends at that time.
Recently, XRP has performed relatively strongly among mainstream coins. From the daily chart, its trend resembles a U-shaped bottom rebound, and the recent rebound has just hit the 30-day moving average. If it cannot break through and stabilize above MA30 in the short term, it may pull back again. At this time, attention can be paid to the support level of 2.4; if the price approaches this level, one might consider bottom-fishing for spot buying. After the adjustment, XRP may challenge the resistance level of 3 again, so intraday pullbacks can be seen as buying opportunities.
The meme sector continues to be hot, BNB Chain plans to compensate retail investors, and dog series coins have soared across the board. Yesterday, WIF once became the focus of the market, with a single-day increase of more than 30%; NEIRO also achieved an increase of more than 20%; we started to deploy DOGE around the 10th, and it is currently in a stable growth stage. There is still potential for continued holding. Judging from the current market situation, dog series meme coins still have great opportunities. Seize the buying opportunity during the pullback. It is expected that the rebound in the next week will bring 30%-50% upside.
财经东晨
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Yesterday we mentioned two active sectors with relatively large opportunities. First is the DeFi sector. We recommend paying attention to INJ. Its small-level line trend is relatively healthy, and the daily line is obviously at the bottom, so you can still keep an eye on it. Then there is the MEME sector, where we mentioned Dogecoin and SHIB. Dogecoin performed relatively weakly, while SHIB was obviously stronger. The daily line has had three consecutive small positive lines, and it is about to close with a positive line after today's decline. It is worth continuing to pay attention to!