The direction is clear and can be analyzed without simulation. It is for reference only.
News: Today’s Panic and Greed Index is 84. 1. The U.S. unemployment rate in February was 3.7%, expected to be 3.7%, and recorded 3.9%, which is good for Africa and the United States. 2. The U.S. non-agricultural data exceeded expectations, and the probability of a U.S. dollar interest rate cut starting in May is about 30%. 3. BlackRock: IBIT’s Bitcoin holdings exceeded 190,000 BTC, and the market value exceeded US$12.8 billion to reach a new high. 4. Ethereum 129th Core Developer Meeting: MEV-Boost version 1.7 has been stabilized and can be used by verification node operators. 5. The SEC chairman refused to give any hint on whether to approve a spot Ethereum ETF. 6. Fidelity Investments laid off 700 employees, the first layoff since 2017. 7. 9 spot Bitcoin ETFs increased their holdings of 8,179 BTC, worth US$560 million.
Technical aspect: Affected by the good news last night, the spot price of Ouyi exceeded the US$70,000 mark. Does this mean that the currency circle will enter the next new journey? What's going to happen next? As retail investors, how should we operate and keep up with the rhythm better? Feilong will share my opinions below. If you have different opinions, just laugh. In my previous market analysis, everyone must have read it. I can’t say that the market details within the 4-hour level are very accurate, but the trend market prices at the 4-hour level and the daily level are very different, and they are basically consistent with my analysis. .
Let’s talk about the last big spot ETF incident! Feilong reduced its position by 50% on January 6, and also issued VIP skirts. On January 10, the spot ETF passed the market, peaked near 48969 on the 11th, and began to plummet on the 12th. The lowest dropped to around 38,500. On February 12, the market broke through the key pressure level. When many retail investors were still addicted to the downward trend and were still waiting for 32,000 and 36,000, Feilong judged that the market would definitely reverse and led everyone as soon as possible. I bought ONDO, ALT, JTO, ACE and other copycats at the bottom, and I am still holding them!
Feilong believes that as long as the market does not increase its volume and stabilize at 70,000, it will fluctuate sideways around the high of 69,000. Two views: 1. The probability of a one-time breakthrough and stabilization before the halving is 40%. 2. It fluctuates sideways at a high level for several weeks. After a correction to around 50,000, the probability of another breakthrough is 60%. Of course, facts are not absolute. We have to take it one step at a time. Again, just respond flexibly. Feilong actually prefers the second trend. Only when the bull market rises and falls will the market rise in a healthy way. Regardless of the trend, the copycats will be given time to make up for the increase. In terms of operation, continue to hold on to the copycats that have been previously deployed. Those with short positions can choose some relatively strong copycats that have not yet made up for the increase. Do not chase the rise or kill the fall. If you don’t know how, It is necessary to add a V I P for currency selection and buying and selling points, which has both short and long term. #山寨币 #比特币BTC #币圈行情 #ETH