User-Aravindh

As of February 1, 2025, Bitcoin (BTC) is trading at approximately $102,014, reflecting a 2.56% decrease from the previous close.

Technical Indicators:

Moving Averages: The 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs) indicate a positive long-term trend, suggesting underlying market strength.

Relative Strength Index (RSI): Currently around 60, the RSI is approaching overbought territory, indicating potential for a short-term correction.

MACD: The Moving Average Convergence Divergence (MACD) line is below the signal line, with a negative histogram, confirming a bearish trend.

Support and Resistance Levels:

Immediate Support: $92,000

Immediate Resistance: $94,000

A breach below the support level could lead to a decline towards $90,000, while surpassing the resistance may propel the price to the $96,000 - $98,000 range.

Market Sentiment:

Despite the current bullish trend, caution is advised due to potential overbought conditions and bearish signals from certain indicators. Monitoring key support and resistance levels, along with technical indicators, is crucial for informed decision-making.

*Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency markets are highly volatile; conduct thorough research before making investment decisions.*
#BinanceHerYerde #EarnFreeCrypto2024 #Binance #etherreum #Write2Earn

This wave of old coins is surprisingly rising, who still remembers the stories of getting rich from Quantum and Antshares back in the day? This wave of upward movement is very likely just a short-term trend; old coins will only decline and find it hard to rise again. Back in the day, it listed on three major exchanges in one day, the earliest airdrop myth, it was as glorious as it could be, and now it is as desolate as it could be. Over the years, we have witnessed the center of virtual currencies shift from Asia to Europe and America; thirty years in the east, thirty years in the west.

Brothers, without further ado, there will be a turning point in the next week, so everyone should pay special attention to the time period.

The current market is volatile, and liquidity has been determined!
So there is no point in being anxious!
It is not suitable to imagine a long-term one-step approach at the moment!
The current change requires patience, and long-term investment should wait at least two months!
For ultra-short-term investment, just refer to today's market analysis!

$BTC

February 1st Accurate Market Analysis! Please read carefully and share

Dear friends, Happy New Year!

Last night's PCE data release met expectations,
Currently, a rate cut is expected in June.

Just as we were sleeping soundly, the White House suddenly announced tariff news that shook the market, causing BTC to drop by 2%.

Trump confirmed that starting from February 1st, a 25% tariff will be imposed on goods from Mexico and Canada,

The logic behind this:
Increase tariffs -> Inflation rises -> Federal Reserve stops rate cuts or raises rates -> Risk assets BTC fall

The U.S. stock market was performing well, but under the influence of this news, all three major indices turned downward. In the future, the U.S. will also announce tariffs on EU countries, and every move by Trump affects the market. Short-term bearish factors are always present; a black swan event could lead to a significant drop in the crypto market.

From on-chain data,
(1) Stablecoins have flowed out of exchanges in recent days, currently returning to the levels of January 15th
(2) BTC has also flowed out of exchanges within 24 hours, with Binance inflowing 3,000 BTC, but the overall outflow from exchanges is 5,000 BTC

What follows is a protracted battle, gradually increasing BTC's buy-in costs in the struggle between bears and bulls, forming the next accumulation phase in anticipation of an explosion!

Bearish forces:
1. U.S. economic data shows inflation
2. Unexpected black swan events, such as selling coins in Mentougou, someone from Trump's family releasing a coin again
3. AI bubble being pierced, U.S. stocks crashing, for example, if incidents like DeepSeek happen 2 more times

Bullish forces:
1. U.S. economic data shows inflation declining
2. Trump's cryptocurrency policy being implemented
3. BTC strategic reserves being established in various U.S. states
4. Large capital seeking returns outside the U.S. stock market continues to buy and hold coins

In this round of protracted battle, it is recommended that large funds hold coins, while small funds participate in the on-chain primary market to leverage small investments for large gains!

Hold spot positions patiently, waiting for a market reversal, and please manage stop-loss and take-profit for contract positions! Wishing everyone a smooth bull market, congratulations on becoming wealthy!

#加密市场反弹 #微策略持续增持BTC #美国加密项目零资本利得税？ #特朗普要求继续降息

Is DeepSeek dead? Besides being investigated by the United States and banned by Italy, DeepSeek's information accuracy rate is only 17%, ranking 10th out of 11 models including ChatGPT and Gemini, second to last. The two geniuses Liang Wenfeng and Luo Fuli did not tame DeepSeek; if you ask too much, it will expose itself. Inquiring about which OpenAI model DeepSeek belongs to. After switching to deep thinking R1 mode, DeepSeek answered that it is an enhanced version model based on GPT-3.5, known as GPT3.5turbo. It also fully admitted that it is GPT4.

Latest: Due to concerns over Fentanyl smuggling, Trump has imposed a 25% tariff on Canada and Mexico. Although this is the third time tariff news has surfaced, Wall Street is still panicked, and the S&P 500 index briefly plummeted. Two days ago, we reported that Wall Street reached a consensus: OpenAI > DeepSeek. DeepSeek has not rewritten the AI valuation rules. Original research drugs (OpenAI) will attract huge investments, while generic drugs (DeepSeek) will struggle to find mainstream VC or PE willing to invest. Many readers who have increased their positions in AI concept stocks have already recouped a lot.

The major U.S. stock indices retracted gains on Thursday afternoon after President Trump issued the latest round of tariff threats against Mexico and Canada. The Dow Jones index rose by 0.4%, the S&P 500 index rose by 0.5%, and the Nasdaq Composite index rose by 0.3%.

Recently, it has really been exhausting retail investors and small shareholders. Just yesterday it was sunny, filled with laughter, and today it feels like a thunderstorm, with casualties all around. Retail investors laughed and cried, cried and laughed, completely bewildered, unable to make sense of it all. Some are even questioning whether the bull market is over. Am I buying the dip or am I at the peak?
Recently, the trade war and financial conflict between China and the United States have intensified. With mutual exchanges, the market has seen extreme fluctuations, essentially hunting each other directly. Because in the financial market, both sides surely have nationals infiltrating the other's territory, acting as troublemakers and stirring up chaos, hunting down each other's retail investors.
However, I still want to remind everyone that the bull market is still ongoing; it should be about 250 days until it ends. There should at least be one more wave of upward movement, lasting 1-2 months. From the perspective of the larger cycle, the bullish trend remains, and the recent extreme volatility is merely a strong shakeout. Everyone should hold on to their positions and stay calm. Continue to be patient and wait for the rise in value. I know it's tough, but we must endure.

Today is the fifth day, welcoming the God of Wealth, brothers,
So New Brother's red envelope is here, still a Bitcoin red envelope
Reply: God of Wealth possesses (you)