February 7, 2025, Market Trend Analysis for BTC, ETH, and SOL

Yesterday, BTC continued the trend of [sharp rise and slow decline], experiencing a fluctuating and slow decline.

The market focus is still slowly shifting downward, which reflects a depressed market sentiment and relatively weak popularity. In fact, since two days before Trump's inauguration on January 18, BTC has been in a turbulent range of 90,000-108,000, experiencing multiple, frequent, and intense wide fluctuations in just under a month.

Every few days, we see reports of "how many people liquidated and how much money was lost". This back-and-forth “killing” market is unsustainable, and very few retail players in contracts can exit unscathed.

The current market's dullness and low sentiment also reflect that the market is in a [severe injury healing] stage. The BTC market will not remain silent forever; the volume, popularity, speculative nature, and belief are all present. As time goes on, players' psychology, capital, and sentiment will slowly recover, and at that time, market volatility, trends, and activity will gradually return. Additionally, since Trump took office, it has become increasingly clear that his current focus is still on traditional political policies.

Cryptocurrency is clearly just a direction he does not oppose, rather than the focus of his term. The crypto market has also increasingly recognized this.

Therefore, for the upcoming market, I believe it will gradually revert to the more rational market conditions seen before October last year. The daily volatility of the market will not be too intense, there will be more consolidation and recovery phases, and the space for fluctuations will be smaller, allowing for more development opportunities in short-term trading.

As for today's operational thoughts, I still recommend watching more and acting less, as the floating price levels,

are neither up nor down, can go either way, with support and resistance being relatively distant and difficult to grasp.

ETH has been under pressure between 2800-3000 after a day's fluctuations.

The trend is not obvious, but overall it is weak, and there are no suitable trading opportunities at the moment. Continue observing the market's battle of bulls and bears around the 2800-3000 lifeline.

SOL, pay attention to the important support around 175 below. If the market can pull back to this level,

it will be a relatively good opportunity to position long orders.