“Risk first, profit second.”

Daily News NEWS

1. USDC Treasury minted 250 million USDC on the Solana chain

2. Tron’s stablecoins have increased by more than 820 million in the past 7 days

3. SEC terminates investigation into RobinHood Crypto without taking action

4. Strategy increased its holdings by 20,356 bitcoins

5. CZ announced his holdings: BTC accounts for only 1.32%, BNB accounts for 98.51%

6. SOL will unlock a large amount of funds on March 1, and VCs will have unrealized profits of hundreds of millions of dollars

7. In the past 24 hours, the entire network has liquidated $379 million, and more than 150,000 people have been liquidated

8. El Salvador increased its holdings by 7 bitcoins, and currently holds 6088.18 bitcoins

9. Vana announced a strategic investment by YZi Labs in Vana, and Binance founder CZ has joined Vana as an advisor.

10. Ethena announced it has raised $100 million, with investors including Franklin Templeton, F-Prime Capital, Dragonfly Capital, Polychain Capital, Pantera Capital, etc.

Market observation OBSERVE

Analyze simplistically, for more specific indicators and discussions, feel free to DM X.

(ps: For short-term operations, it is recommended to set profit and protect positions well; position management is the holy grail of trading‼️)

Chart structure | Chip distribution | Main force tracking | Volume-price theory | Market psychology | Macro analysis | Micro analysis

$BTC

4H level:

The low position for short-term buying reference given yesterday was 92500-93500 break point ❌

Complete the transformation of support and resistance.

And tested the support range of the daily level (mid-term trend).

Recently, short-term buying has ignored the trend pull of this position.

Daily level:

Switching perspectives.

On the 17th, a mid-term trend analysis was given.

(Specific reference: https://reurl.cc/M6KXxp)

The demand range around 87000-90000 has been since last October.

The first pullback test of the mid-term trend.

As the price oscillates at a high level for longer, the market's cost basis will be pushed higher.

If the price cannot reverse in this range.

The market will likely turn to a bearish trend until the next important support level at the daily level is found.

Operational reference:

Currently observing in the short term.

If a significant bottom structure forms within the small cycle near 90000 in the short term.

Find opportunities to enter from smaller time frames for higher certainty.

$ETH

4H level:

There was no bottom established around 2700 in the short term.

Directly broke below the lower edge of the oscillation area in the early morning.

Currently, the upper support range of 2500-2580 has transformed into a resistance range.

If the short-term price does not recover, it is recommended to mainly observe.

Daily level:

Like Bitcoin, recently short-term operations have neglected the pullback of the mid-term trend position.

(Specific reference: https://reurl.cc/M6KXxp)

Currently testing the support range around 2350-2500.

But the smaller time frames are looking rather ugly.

Currently mainly referencing Bitcoin.

If the mid-term trend of Bitcoin fails at the test below 88,000.

Ethereum is likely to test around 2100-2200.

Operational reference:

Support oscillation test around 2350-2500.

Mid-term trend traders can appropriately build positions in this range.

If Bitcoin breaks below 88,000, exit.

In the short term, observe if a bottom structure forms in smaller time frames before entering.

Mainly observing altcoins.

$SOL

Daily level:

The large bearish trend has formed ✔️

Short-term stop loss if breaking 150-160 ❌

On the 17th, a big cycle perspective was given.

(Specific reference: https://reurl.cc/M6KXxp)

The analysis on the 18th also mentioned that for long-term investors in the ecosystem, it will enter a torturous process.

The trenches have been disastrous recently.

No matter how optimistic you are about a market/trend, you should follow the trend.

The short-term bearish trend of SOL basically formed last week.

If ETH does not strongly break through the oscillation range, the possibility of SOL reversing decreases.

Additionally, a large unlocking is about to occur on the 3.1.

Operational reference:

Gave a position to gradually bottom out at 115-130 yesterday.

Be patient and wait.

Opportunity hotspots OPPORTUNITY

#Short term

$KAITO (Review)

Short-term directly went for the top one ✔️

It was directly brought down by the market when it was pulled to around 2.

Short-term positions were protected after a wave down.

This market is too difficult.

#Medium to long term

None, mainly observing.

Review

$BTC short-term break point 92500-93500 ❌

$BTC mid-term trend testing around 90000 ✔️

$ETH mid-term trend testing 2350-2500 ✔️

$SOL short-term support 150-160 break point stop loss ❌

$SOL mid-term bearish trend formation ✔️

$AIXBT short-term stop loss exit ❌

$KAITO short-term directly went for the top one ✔️

ps: The above analysis is just personal views and does not constitute investment advice.