Analysis of the recent trend of Bitcoin (BTC) and possible trend forecast for the next four hours:
Core Content Summary
1. Current Price and 24-Hour Performance:
• The current price of Bitcoin is around 104,482 USDT, with the price remaining relatively stable over the past 24 hours, peaking at 105,819 USDT and dipping to 103,569 USDT.
2. Technical Indicator Analysis:
• BOLL (Bollinger Bands): The price fluctuates between the middle and upper bands, indicating some upward momentum.
• MACD: The MACD line and the signal line are close, and the histogram shows a decrease in upward momentum, but the overall trend remains bullish.
• Trading Volume: The trading volume has increased over the past 24 hours, indicating heightened market activity.
3. Market Sentiment and External Factors:
• Market sentiment is relatively optimistic, but attention should be paid to the impact of macroeconomic and policy changes on Bitcoin prices.
Trend Analysis
• Short-Term Trend (4 Hours):
• Based on charts and technical indicators, Bitcoin shows an upward trend in the short term. The price fluctuation between the middle and upper bands of the Bollinger Bands indicates some upward momentum in the market.
• Although the MACD indicator shows signs of weakening upward momentum, the overall trend remains unchanged, and attention is still needed to see if the MACD line will cross above the signal line again, which could be a signal for further upward movement.
• The increase in trading volume indicates growing interest from market participants, which could push prices higher.
• Future Four-Hour Forecast:
• It is expected that Bitcoin may continue to fluctuate within the current price range over the next four hours, with a slight possibility of an upward movement.
• Key support level to watch is at 103,569 USDT; if the price falls below this level, it may decline further.
• The upper resistance level is at 105,819 USDT; if the price breaks above this level, it may trigger new upward momentum.
Below is a summary of the core content of the article:
1. Vision and Mission of RuleOS
• Background
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#TRUMP市值突破 Trump takes office: Is he a "superhero" or a "super villain" in the cryptocurrency world?
Dear readers, today we are going to talk about a real story that is more dramatic than a TV series - Trump's cryptocurrency policy after taking office. This is not just a policy change, but more like a battle between a "superhero" and a "super villain" in the cryptocurrency world. Let us explore this thoughtful "cryptocurrency drama" with humor and popular language. Trump's "Cryptocurrency List" On the first day of Trump's inauguration, he held a "cryptocurrency list" in his hand. The cryptocurrencies on this list are worth a lot, ranging from US$4.7 million to US$47 million. This list includes ETH, wBTC, Aave, LINK, TRX, ENA, etc., and even a pledge of ETH of US$15 million. This list is not just an investment list, but more like Trump's "declaration of love" for the cryptocurrency world. "Superhero" actions of the new crypto policy On Trump's list of new crypto policies, there are several actions that make people's eyes light up, as if they saw the figure of a "superhero": • Build the world's cryptocurrency capital: Trump wants to make the United States a "superhero base" for cryptocurrency. • Fire SEC Chairman Gensler: It's like a "superhero" defeating a "villain". • Establish a strategic Bitcoin reserve: It's like a "superhero's" "energy source". • Prevent the United States from selling its Bitcoin holdings: It's like a "superhero" protecting his "treasure".
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Conflux PayFi ecosystem welcomes a new member: Smile Shop and its BitUnion prepaid card. Smile Shop announces a partnership with Conflux to launch the BitUnion prepaid card, marking its further expansion in the global digital asset consumption payment field. This newly launched prepaid card is priced in USD and issued through the UnionPay network. After recharging, users will be able to shop at online stores in 183 countries and regions around the world, swipe their cards at POS machines, and withdraw cash at UnionPay ATMs. Additionally, the prepaid card can be linked with mainstream third-party payment platforms such as Alipay and WeChat for convenient payments. Whether for online or offline transactions, all payments are settled at the local currency's real-time exchange rate with USD. In terms of account review, the process has been simplified, and during the initial promotional period, users can enjoy a waiver of management fees. As Conflux's core product in the PayFi field, the BitUnion prepaid card integrates traditional financial security certification technology, ensuring that user data is managed by professional institutions, thereby ensuring compliance and security. Meanwhile, fiat assets are stored within the UnionPay account system, ensuring the absolute safety of the assets. The BitUnion prepaid card has also passed the highest levels of security certification in the payment card industry, including 3DS and PCI-DSS, providing users with additional protection for payment security. The launch of the prepaid card not only supports digital asset transactions and transfers within the Conflux network but also leverages blockchain technology to promote the development of PayFi (payment finance), breaking through the limitations of traditional payment methods. By combining traditional financial models with blockchain technology, PayFi aims to enhance the efficiency of payment systems and ensure the consistency of financial operations with real-time data. This is expected to become a typical application scenario for blockchain technology in consumer-level application ecosystems, providing users with a more convenient and secure payment experience.
The rise of Bitcoin_COS.TV
The rise of Bitcoin is as bright as a meteor, igniting the passion of the global economy.
The Rise of Bitcoin_COS.TV The rise of Bitcoin is as bright as a meteor, igniting the passion of the global economy. It is not only a virtual currency, but also a symbol of financial revolution, subverting traditional concepts and leading investors on a road of exploration full of infinite possibilities. With the promotion of blockchain technology, Bitcoin has shown unprecedented charm, attracting countless dreamers and adventurers, and inspiring an unprecedented feast of wealth. https://cos.tv/videos/play/57070744863806464
The Bitcoin Craze: The Eve of Breaking the $100,000 Barrier As the price of Bitcoin continues to rise, global investors are focusing on every price movement of this digital currency. Bitcoin, as the leader of the cryptocurrency market, is standing on the cusp of a historic milestone—breaking the $100,000 barrier.
The Bitcoin Craze: The Eve of Breaking the $100,000 Barrier As the price of Bitcoin continues to rise, global investors are focusing on every price movement of this digital currency. Bitcoin, as the leader of the cryptocurrency market, is standing on the cusp of a historic milestone—breaking the $100,000 barrier. This remarkable moment heralds a new wave of wealth, as global investors are gearing up to embrace this exciting time. A Historic Moment Since its inception, Bitcoin has experienced multiple dramatic price fluctuations, but after each bear market, Bitcoin has always managed to rebound and surpass its previous highs. This pattern has increased confidence in Bitcoin's long-term growth potential. With the halving event approaching and the global economy recovering, Bitcoin's future looks particularly bright.
Chapter 1: The Mysterious Journey to the East In the spring of 2014, a Russian youth named Vitalik Buterin embarked on a journey to Hangzhou, China. In his hand was a new type of virtual currency called Ethereum (ETH), and his goal was to introduce this currency to the world. At an exhibition, he generously distributed 5,000 Ether, but most people were skeptical of him, believing he was a fraud. However, the wheels of fate had begun to turn, and the value of those Ether skyrocketed to $150 million in the following years. Chapter 2: The Awakening of Youth Vitalik Buterin's growth journey is full of twists and turns. From ages 13 to 16, he was immersed in World of Warcraft, particularly the warlock character. However, after a game upgrade, his favorite skill was removed, making him realize the vulnerable position of players on the internet. This event became a turning point in his life, prompting him to seek ways to break the centralized model. At 17, he discovered Bitcoin and was attracted to its decentralized characteristics.
From the two Ethereum (ETH/USDT) trading charts you provided, we can do some basic technical analysis. Please note that these analyses are for reference only and the actual market situation may be different. Analysis of the first chart (recent trend): • Price trend: The price of ETH rose from a low of $2,252.39 to a high of $3,442.50, and then fell back to $3,111.66. This shows that there was a strong upward trend in the near term, but then there was a pullback. • Bollinger Bands (BOLL): The upper track (UP) of the Bollinger Bands is $3,471.90, the middle track (MB) is $2,845.37, and the lower track (DN) is $2,218.83. The current price is close to the middle track of the Bollinger Bands, which may mean that the price may fluctuate within the Bollinger Bands in the short term. • MACD indicator: The DIF line (161.81) is above the DEA line (142.96), and the MACD histogram shows a positive value, which is generally regarded as a bullish signal. However, the MACD value (18.85) is relatively low, indicating that the upward momentum may be weakening. • Volume: The 24-hour volume is 419,052.40 ETH and the turnover is 1.305 billion USDT, showing active market transactions. Second chart analysis (long-term trend): • Price trend: The price of ETH rose from a low of $1,521.00 to a high of $4,093.92 and then fell back to $3,112.32. This shows a long-term upward trend followed by a large correction. • Bollinger Bands (BOLL): The upper track (UP) of the Bollinger Bands is $3,510.79, the middle track (MB) is $2,772.26, and the lower track (DN) is $2,033.74. The current price is close to the middle track of the Bollinger Bands, which may mean that the price may fluctuate within the Bollinger Bands in the long term. • MACD indicator: The DIF line (-47.40) is below the DEA line (-97.45), and the MACD histogram shows a positive value, which is generally considered a bullish signal. However, both DIF and DEA are negative, indicating that the long-term trend may still be bearish. • Volume: The 24-hour volume and turnover are the same as the first chart, showing that the market is actively trading. Comprehensive analysis: • Short-term trend: ETH shows an upward trend in the short term, but the current price is close to the middle track of the Bollinger Band and may fluctuate. • Long-term trend: Despite the upward trend, the MACD indicator shows that the long-term trend may still be bearish. •
Looking at the Ethereum (ETH/USDT) trading chart, we can do some basic technical analysis. Please note that these analyses are for reference only and the actual market situation may be different. First chart analysis (recent trend): • Price trend: The price of ETH rose from a low of $2,252.39 to a high of $3,442.50 and then fell back to $3,111.66. This shows that there was a strong upward trend in the near term, but then there was a pullback. • Bollinger Bands (BOLL): The upper band (UP) of the Bollinger Bands is $3,471.90, the middle band (MB) is $2,845.37, and the lower band (DN) is $2,218.83. The current price is close to the middle band of the Bollinger Bands, which may mean that the price may fluctuate within the Bollinger Bands in the short term. • MACD indicator: The DIF line (161.81) is above the DEA line (142.96), and the MACD histogram shows a positive value, which is generally considered a bullish signal. However, the MACD value (18.85) is relatively low, indicating that the upward momentum may be weakening. • Volume: The 24-hour volume is 419,052.40 ETH and the turnover is 1.305 billion USDT, showing active market transactions. Second chart analysis (long-term trend): • Price trend: The price of ETH rose from a low of $1,521.00 to a high of $4,093.92 and then fell back to $3,112.32. This shows a long-term upward trend followed by a large correction. • Bollinger Bands (BOLL): The upper track (UP) of the Bollinger Bands is $3,510.79, the middle track (MB) is $2,772.26, and the lower track (DN) is $2,033.74. The current price is close to the middle track of the Bollinger Bands, which may mean that the price may fluctuate within the Bollinger Bands in the long term. • MACD indicator: The DIF line (-47.40) is below the DEA line (-97.45), and the MACD histogram shows a positive value, which is generally considered a bullish signal. However, both DIF and DEA are negative, indicating that the long-term trend may still be bearish. • Volume: The 24-hour volume and turnover are the same as the first chart, showing that the market is actively traded. Comprehensive analysis: • Short-term trend: ETH shows an upward trend in the short term, but the current price is close to the middle track of the Bollinger Band and may fluctuate. • Long-term trend: Despite the upward trend, the MACD indicator shows that the long-term trend may still be bearish.
Bitcoin as a US Strategic Reserve Asset: Market Impact and Future Outlook As a representative of digital currency, the price fluctuations of Bitcoin have always attracted the attention of global investors. Recently, the news that the United States will include Bitcoin in its strategic reserve assets has caused widespread discussion in the market. This article will analyze the impact that this decision may have on Bitcoin prices and the entire cryptocurrency market. 1. Background of Bitcoin's inclusion in strategic reserve assets As an important participant in the global economy, the United States' monetary policy and asset reserve strategy have a profound impact on the global financial market. According to the BITCOIN Act of 2024 proposed by Senator Cynthia Lummis, the United States plans to purchase 200,000 bitcoins each year, a total of 1 million bitcoins, accounting for about 5% of the total supply of Bitcoin. This bill aims to enhance the financial security and leadership of the United States by establishing a national Bitcoin reserve. 2. Analysis of the psychological price of Bitcoin If the United States really uses Bitcoin as a strategic reserve asset, the psychological price of its entry cost may become the focus of market attention. Considering that the current price of Bitcoin is about US$52,000, the US government's purchase behavior may push up the market price to a certain extent. However, the specific psychological price also needs to consider market supply and demand, investor sentiment, and the specific implementation details of the policy. 3. Market reaction and price fluctuations The market may react very strongly to the news that Bitcoin is a strategic reserve asset. On the one hand, this will increase the mainstream recognition of Bitcoin and increase investor demand for Bitcoin; on the other hand, it may also trigger market speculation and cause sharp price fluctuations in the short term. According to data from CoinShares Ltd., Bitcoin investment products received $1.27 billion in capital inflows last week under the influence of relevant news. The correction has not yet ended, looking at the monthly line.
Bitcoin's volatility and market mentality: from leeks to exiting the market In the wave of digital currencies, Bitcoin, as a leader, has always been the focus of market attention for its price fluctuations. However, as time goes by, the market seems to be increasingly indifferent to the rise and fall of Bitcoin prices. The phenomenon of dealers harvesting retail investors has become a norm, and the once active leeks have begun to gradually withdraw from this stage. This article will explore the reasons behind Bitcoin's price fluctuations and the change in market mentality. 1. Historical review of Bitcoin price fluctuations Since its birth, Bitcoin has been famous for its drastic price fluctuations. From the initial few cents per coin, to nearly $20,000 in 2017, to thousands of dollars now, the price of Bitcoin has experienced many roller coaster ups and downs. Every sharp price fluctuation is accompanied by market carnival and panic. 2. The game between dealers and retail investors In the Bitcoin market, the game between dealers and retail investors has never stopped. With their financial and information advantages, dealers can often gain benefits from market fluctuations. Retail investors, due to the lack of sufficient information and financial support, often become the object of harvesting. This phenomenon is common in the Bitcoin market, and it has also led to market injustice and disappointment for retail investors. 3. Changes in market mentality As the Bitcoin market matures, investors' mentality is also changing. On the one hand, some investors have begun to recognize the risks of Bitcoin investment and choose more cautious strategies. On the other hand, with the development of the digital currency market, investors have more choices and no longer focus all their energy on Bitcoin. This change in mentality has made the market increasingly indifferent to the fluctuations in Bitcoin prices. 4. The departure of leeks and the self-regulation of the market After being harvested many times, some retail investors known as "leeks" began to choose to leave the market. Their departure is, on the one hand, a protest against market injustice, and on the other hand, a reflection on their own investment strategies. With the departure of leeks, the market is also self-regulating and looking for a healthier and more sustainable development model.
The United States uses Bitcoin as a reserve currency: price correction is inevitable.
Bitcoin, as the world's largest cryptocurrency, has a growing market value and influence. Recently, discussions about the United States considering including Bitcoin in the reserve currency system have become increasingly heated. If the United States really wants to achieve this goal, reasonable price regulation will become the key. The impact of the United States on Bitcoin prices As the leader of the global economy, the United States' policy trends have a far-reaching impact on the global financial market. If the United States decides to use Bitcoin as a reserve currency, its regulation of Bitcoin prices will be mainly achieved through the following channels:
1. Monetary policy adjustment: By adjusting interest rates and money supply, it affects investors' preference for risky assets, thereby affecting the demand and price of Bitcoin.
2. Regulatory policies: Formulate or adjust regulatory policies for cryptocurrencies, such as taxation, trading restrictions, etc., to control market heat and speculative behavior.
3. Market intervention: Directly or indirectly affect the supply and demand relationship of Bitcoin through open market operations or other means.
4. International cooperation: Coordinate with other countries to jointly formulate policies for the regulation and use of Bitcoin.
Price regulation goals If the United States wants to use Bitcoin as a reserve currency, a reasonable price range is the key. Setting the price of Bitcoin between $38,000 and $42,000 can provide the market with a stable expectation and reduce the uncertainty caused by price fluctuations. Price regulation strategy 1. Stabilize monetary policy: By maintaining low interest rates and moderate money supply growth, reduce the market's speculative demand for Bitcoin and promote price stability. 2. Strengthen supervision: Establish a clear regulatory framework, restrict high-risk trading behaviors, reduce market manipulation and illegal activities, and maintain the stability of Bitcoin prices. 3. Market communication: Through effective market communication, guide investors to form reasonable price expectations and avoid market panic or excessive optimism. 4. Technological development: Support the development of Bitcoin-related technologies, improve transaction efficiency and security, and enhance market confidence in Bitcoin. 5. International coordination: Cooperate with other countries to jointly formulate international standards and regulatory policies for the use of Bitcoin and reduce market fluctuations caused by policy differences.
BlockBeats news, on March 21, Federal Reserve officials maintained their outlook for three interest rate cuts this year, but due to the recent rise in inflation, they reduced their expectations for a rate cut in 2025 than before. Policymakers said they still plan to cut interest rates for the first time this year, but they now expect just three cuts in 2025, instead of the four forecast in December. The FOMC statement showed that "the Committee believes that risks to achieving its employment and inflation goals are becoming better balanced." The Fed's post-meeting statement was almost identical to its January statement, maintaining guidance for a rate cut as officials expressed concern that inflation continues to move toward 2 It would not be appropriate to cut interest rates until there is more confidence that the target is on track.
Parallel Network: Early Access test network will be opened on March 4
The full-chain L2 Parallel Network based on Arbitrum tweeted on March 3 that it will open the Early Access test network next Monday (March 4). Previously, Parallel Network announced that it will launch an early access version of Parallel Network in the next 1-2 weeks. Users will receive six sources of income + rewards: ETH staking APR, re-staking APR, EigenLayer points, liquidity re-staking token points, Parallel diamonds, Extra Parallel and partner bonuses.
The free version of the Dookey Dash game "Dookey Dash: Unclogginged" launched by Yuga Labs will return this spring and will provide participating users with game rewards worth more than $1 million. It is reported that Yuga Labs plans to explore using ApeCoin to pay rewards, but the The company has refused to clarify the matter and said more details would be released soon. Yuga Labs also confirmed that the new game will launch a 72-hour trial version for 10,000 players on March 6. During this period, the player with the highest score will be rewarded with MAYC NFT. According to the NFT floor price of 4 ETH, the lowest value contract will be awarded. $12,750. In addition, Yuga Labs stated that the new version of the game supports PC, MAC, iOS and Android operating systems. Players do not need to hold NFT to participate, and Bored Apes, Mutant Apes, Bored Ape Kennel Club, HV-MTL and Otherside Kodas specific NFT Holders can receive additional benefits.
The U.S. SEC will make a decision on Fidelity’s Ethereum spot ETF application on March 5
The U.S. Securities and Exchange Commission (SEC) has postponed the deadline for a decision on Fidelity’s Ethereum Bitcoin spot. The new deadline is March 5. "The Commission believes it is necessary to designate a longer period of time for action on the proposed rule changes to allow sufficient time to consider the proposed rule changes and the issues raised therein," the SEC said. Bloomberg analyst James Seyffart said: "This move is fully expected, and the really important date in my opinion is late May." According to previous news, Fidelity applied for an Ethereum spot ETF in November last year.
Bitcoin Spot ETF Issuer Launches Promotion After Google Marketing Rule Changes
BlockBeats news, on February 6, according to the Financial Times, major asset management companies from BlackRock to Grayscale have launched online advertising campaigns to promote their Bitcoin trading platform exchange funds (ETF), making full use of Google Changes in marketing rules for promoting cryptocurrency instruments. Google’s new marketing rules allow ads promoting “cryptocurrency coin trusts” to appear next to search results for queries such as “bitcoin ETFs.” The rules came into effect on January 29, and preceded the launch of Bitcoin ETFs on January 11 by 10 asset managers. Advertisements have appeared from asset managers including BlackRock, Fortune, Grayscale, Invesco and Bitwise promoting spot Bitcoin ETFs, with issuers trying to get their products in front of as many potential customers as possible, especially retail investor. The companies have ramped up their marketing efforts and are locked in a fierce fee war as every spot Bitcoin ETF issuer except Grayscale has waived or cut fees as these emerging products continue to expand their asset bases. Grayscale charges 1.5%
According to Fox Business reporter Eleanor Terret, Ripple is looking for a Senior Business Development Manager in New York, whose job description includes "driving initiatives related to cryptocurrency ETF launches," suggesting that the company is preparing to file for an XRP ETF. Eleanor Terret says a spot XRP ETF would require a futures ETF first, part of the reason the SEC approved a spot Bitcoin ETF was that it concluded that the CME Bitcoin futures market was sufficient to provide surveillance against fraud and manipulation, and a futures XRP ETF would be a step in the right direction towards a spot ETF.