📍Recent technical analysis indicates that XRP is experiencing significant profit-taking, leading to recommendations for traders to avoid entering at high prices. Analysts suggest waiting for price consolidation and a potential pullback to the $1.50-$2.25 range before considering new positions.
✒️For more technical analysis and market overview follow my Brother @Syed_Traders_20
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CZ sent a message on Twitter regarding $LUNC. 🔥 CZ made a "wink" regarding $LUNC burnings. We clearly understand that CZ's interest in #LUNC hasn't ended. I believe we will see clearer messages after the lawsuit between TFL and SEC is over.
I recommend some cryptocurrencies that have relatively high cost-performance, good trends, and are quite strong. When buying, please control your position and avoid over-investing. Let's take a look at Taco's analysis of the current market and see if it makes sense.
First, from the perspective of Bitcoin's trend, after touching the resistance around 86500 yesterday, it began to pull back. The 4-hour chart has stabilized around the support near 84000, and from the daily chart, Bitcoin is at a critical point of oscillation and correction. There is still a possibility of another dip during this process, which poses a potential risk.
On the last working day of last week, the net outflow of funds from the Bitcoin ETF in the US stock market was halted. Additionally, as the overall altcoin market did not experience significant declines when Bitcoin and Ethereum plummeted, market sentiment for bottom-fishing is high, which presents an opportunity.
While there are both risks and opportunities, a reasonable and planned buying strategy has become a relatively low-risk opportunity at present. Based on Bitcoin's future market outlook, we will plan the next steps to ensure that we have assets to sell when the market rises and funds to reinvest when the market corrects. This is a comfortable state at the moment, and I also wish everyone a pleasant weekend.
Many people want to become KOLs, especially in the crypto field to build a fan base. Let's discuss practical methods for gaining followers on the platform.
Have a passion for writing and reading; this is fundamental and a long-term career. Even during low points, you must persist and find joy in this endeavor; otherwise, it may not be suitable.
Clarify your areas of focus: In addition to your main crypto business, select secondary interests like finance or economics. Follow opinion leaders in these fields and engage actively. Focus on mainstream crypto accounts, respond promptly, and use this to connect with key figures.
Seize hot opportunities: Keep a close eye on trending news, publish interesting content immediately, and then ask questions. The content style should be 80% enthusiastic and positive, 20% real and cool.
Today is truly a special day, it's Saturday and the first day of March. March 3rd has made a good start, the cryptocurrency market has welcomed a long-awaited rebound. I hope everyone can make a good profit in March!
Is the cryptocurrency bull market still ongoing and what is the outlook for the future?
Historically, looking at the Bitcoin halving cycles, there indeed exists a certain pattern of bull and bear markets. Bitcoin underwent halvings in 2012, 2016, and 2020, each followed by a bull market. In April 2024, Bitcoin completed its fourth halving, and based on past trends, the 12-18 months following a halving often represent the peak of a bull market; thus, 2025 may be a critical stage for the bull market.
In 2025, the cryptocurrency market is expected to be volatile, but the overall trend is optimistic. The market is shifting from retail investors' “get-rich-quick dreams” to institutions' “stable investments.” The entry of institutions like BlackRock and Fidelity has driven net inflows of over $35 billion into BTC spot ETFs in 2024. Bitcoin's market share may exceed 60%, while projects like ETH and SOL are favored by institutions due to their technical strengths. However, the traditional “altcoin season” may be delayed until the end of the year and may not perform as explosively as in previous bull markets.
2025 marks the first year after the Trump administration took office, and its pro-crypto stance injects a strong boost into the market. Countries like Japan and India may follow the U.S. lead by introducing clearer regulatory frameworks, which is beneficial for market development and price increases.
In 2025, the integration of artificial intelligence and blockchain, the revival of DeFi, and the tokenization of real assets, among other technological innovations and applications, are expected to bring new growth momentum to the market and sustain the bull market.
Overall, 2025 is generally considered to still be in the bull market phase for the cryptocurrency sector, but the market situation is complex and variable. Investors need to recognize the risks while paying attention to market opportunities, maintaining rationality and caution.
Bitcoin has almost filled the CME gap and rebounded from that point. A V-shaped recovery starting from the recent low. The price is currently above $85,000, which is a positive signal. The next resistance level to overcome is in the $87,000 range. Short-term support is around the $83,200-$84,000 area.
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After this wave of decline, the CME gap has almost been filled, though it is still over 100 dollars short. Additionally, the low liquidity area formed after Trump's election, where Bitcoin quickly surged (in the range of 76,000 to 86,000 dollars), has recently seen trading activity that filled this gap. After the CME gap was filled, the price of Bitcoin began to rebound. While it is uncertain whether it will decline again, the 50-week moving average is around 75,000 dollars. During the crash in mid-2021 and the volatile market in 2024, the 50-week moving average was never completely breached, which can be seen as one of the proofs that the Bitcoin bull market remains intact.
The 365-day moving average for Bitcoin is currently 74,200 dollars, and Bitcoin has yet to reach this range. Therefore, while 78,000 dollars may not be the bottom, it is very close to the short-term bottom range, especially after the CME gap was filled, as more buying has started to come in. #白宫首届加密货币峰会 #芝商所将推出SOL期货 #美SEC:Meme币非证券
Cryptocurrency traveler, a witness to six years of ups and downs. From the initial naive curiosity of entering the crypto world to the calm and composed experience of enduring several cycles of bull and bear markets, adept at seeing the universe within candlestick charts, seizing opportunities amidst volatility, always able to find unique perspectives and opportunities in a complex market. Follow @柒柒59313 , and let's witness the crypto landscape together!
To be honest, I didn't expect this; I just placed orders based on the market as usual. As long as I follow the market trends, it’s fine. Who can't do that? Right!
Of course, the most important thing is to control the position well, proceed steadily, and let the flow be gentle, only then can we reach the end.
#币安盘前市场上线RED It's another day of continuous decline, it's painful, when will this market take off, when will the altcoin season come, eating fish heads with Bitcoin, mainstream eating fish middle, is the method of altcoins eating fish tails not working anymore?
As of March 1, 2025, Bitcoin (BTC) is trading at approximately $84,006.
In the past 24 hours, BTC has seen a high of $85,056 and a low of $78,240. The current market capitalization stands at $1.66 trillion, with a 24-hour trading volume of $84.12 billion.
Please note that cryptocurrency prices are highly volatile and can change rapidly. For the most current information, consider checking real-time data on reputable cryptocurrency exchanges or financial platforms.
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Family babies: Today is the second day of the second lunar month, also the first day of March. The anticipated market trend is about to begin. Yesterday, the seven stars aligned in the sky, indicating major events in the country. Good things are approaching us. Here at the Yangtze River, I wish all the fans happiness and peace in March, may everything go smoothly, and may you make a fortune 🤑#比特币价格走势分析 $BTC