"Buy on rumor, sell on news."

Daily news.

1. Binance announces the launch of $RED LaunchPool.

2. Ohio's $BTC Strategic Reserve Bill has passed the committee.

3. Ondo Finance has joined Mastercard's Multi-Token Network (MTN).

4. Aya Miyaguchi appointed as the new chair of the Ethereum Foundation.

5. The global M2 money supply continues to grow, which may trigger a significant rise in Bitcoin.

6. The bankruptcy cost of FTX is close to $950 million, making it the most expensive bankruptcy case in U.S. history.

7. Musk: The U.S. will go bankrupt if spending is not cut.

8. Yesterday, the U.S. spot Bitcoin ETF saw a net outflow of $757 million.

9. A certain whale shorted ETH with 50x leverage on HyperLiquid, with unrealized profits exceeding $62.4 million.

10. Bitcoin has fallen out of the top ten global asset market capitalization rankings.

Market observation.

Analyze simply and clearly. For more specific indicators and learning, feel free to DM X.

(ps: For short-term operations, it's recommended to set up profit-taking with position protection; position management is the holy grail of trading‼️)

Chart structure | Chip distribution | Main force tracking | Volume-price theory | Market psychology | Macroeconomic analysis | Microeconomic analysis.

$BTC

Daily line level:

Demand zone for the medium term at 87000-90000 has broken.

The medium-term trend is predominantly bearish.

Daily level top structure is obvious.

Pay attention to the two key support positions below:

1. Daily gap: 78000-81000.

2. The previous high support level before the last wave of upward movement: 73000-75000.

Resistance range above: 87500-90500 (If this range does not break, the medium-term trend is difficult to reverse).

Currently testing the lower boundary of the downward channel.

If the price recovers, there will likely be a rebound.

Short-term observation: If there is a bottom during the second test, you can go long.

Operational reference:

For short-term long positions, it may be more stable to wait for a second pullback here.

For short-term shorts, you can wait for the rebound and sell pressure at 87500-88500 to enter.

$ETH

1H level:

If it breaks below the fluctuation range, it will retest and continue to decline.

Currently, the resistance range above: 2470-2520.

Without a breakthrough, it's difficult for the market to reverse.

1H level has started to diverge with signs of rebound.

Overall, the trend is predominantly bearish.

Operational reference:

Rebound at 2470-2520 can try to short.

Currently, altcoins are suitable for picking strong short-term ones.

$SOL

3-day line level:

The phased bottom fishing position given a few days ago at 115-130 has been tested once ✔️.

Resistance range above: 150-160.

Support range below: 115-130.

On March 1st, a large volume of unlocking in the market seems to be information that everyone knows now.

Currently, the price has already shown signs in advance.

Just follow the plan for phased bottom fishing.

Operational reference:

Continue phased buying at 115-130.

Stop loss at breakout.

Reduce positions near the rebound of 150-160.

Opportunity hotspots.

Specific entry positions, feel free to DM X.

#Short-term.

$KAITO (Review)

The first entry position on the 24th was unfortunately washed out by the market.

(Reference: https://reurl.cc/26nmmE)

The second time was when it broke through $2.

Technology will never deceive people.

$VINE $ZEREBRO (Review)

4H level:

These two are not publicly released.

Basically, the rebound is close to 30% ✔️.

All on the rise list.

You can reduce positions for the short term, continue to hold the rest.

If the market reverses here or continues to fluctuate.

It is likely to form a bottom.

Currently, most of the strong rebounds are still on the #binance alpha list that has been emphasized before.

For example, $ALCH $PIPIN $VINE $TST …

Liquidity sources on-chain are also feeding back into the secondary market.

Additionally, mainstream tokens like $SOL have high value-for-money positions after this wave of washout.

Currently, many #meme short-term rebounds are quite strong.

If it's too high, it’s not suitable to chase; here are a few opportunities that look decent.

$LTC

Daily line level:

Last time, it was a medium-term opportunity.

Currently, the strongest rebound is also in the mainstream coins near previous highs.

After this accumulation, there is an opportunity for an explosion in the weak market trend.

Operational reference:

Wait for a short-term pullback to 120-125 for a long entry.

Stop loss: around 4%.

TP1: 140-150.

TP2: 170-175.

(Combine with medium to long-term strategies.)

$PIPIN

4H level:

Yesterday reminded about the breakthrough near 0.27.

Currently approaching a 30% increase; the short-term trend seems not to be over yet.

Short-term testing the support strength near 0.032-0.035.

Operational reference:

You can buy some positions between 0.032-0.035.

Add positions at 0.028-0.03.

Stop loss: 0.026.

There is an opportunity to test 0.045-0.05.

The range is relatively large; it is recommended to focus on spot.

#Medium to long-term.

$MKR (Review)

Weekly level:

The second take-profit reference for medium to long-term is 1800-2100, which has been reached ✔️.

Not tracking recently, but there’s an opportunity for a double.

Currently, not many people are paying attention.

If it should be released, let it be released, and continue holding what's left. There seems to be quite a bit of space behind this.

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

$RUNE (Review)

Daily line level:

Currently, the bottom is performing quite well, just broke through.

Nothing much to say, just continue holding the spot.

TP1: around 2-2.2.

TP2: 2.5-2.8.

Review.

$VINE $ZEREBRO rebounded over 30% ✔️.

$MKR medium to long-term second take-profit reference of 1800-2100 has been reached ✔️.

$RUNE bottom breakthrough ✔️

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