Worried with the downtrend of market right now? Waiting for the retaliatory measures from china canada and mex? Will it bring further downtrend in crypto market? I don't think so.
I just checked the Market Outlook
- Short-Term Bearishness: Analysts warn of further declines if Bitcoin fails to hold
$90K or Ethereum at $2.4K. Traditional market performance (e.g., tech stocks) remains critical .
- Long-Term Optimism: Despite the crash, Bitcoin’s fundamentals (e.g., institutional demand, scarcity) and historical February performance (10:2 bullish ratio) suggest a potential rebound later in 2025 .
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Key Support Levels to Watch
| Asset | Critical Support Levels | Resistance Levels |
|------------|-------------------|-------------------|
| $BTC | $95,620 – $90,000 | $100,780 – $101,867 |
| $ETH | $2,600 – $2,400 | $3,000 – $3,500 |
| $XRP | $2.44 – $2.20 | $2.72 – $3.00 |
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--Conclusion--
The downturn stems from a "confluence of macroeconomic, technical, and geopolitical factors", including Trump’s tariffs, tech sector instability, and profit-taking. While short-term risks persist, analysts view this as a **correction within a broader bull cycle**, offering accumulation opportunities for long-term investors . Monitoring traditional markets, regulatory updates, and Bitcoin’s dominance (currently **60.64%**) will be key to navigating volatility.
