In the past two days, BTC and most of the coins have gradually risen. Many people have recovered a lot of the losses on February 3, and some coins have risen quite a lot. Let's take a look at the overall market and data, so that everyone can have a better understanding. At the end of the article, there are some personal opinions on the operation. This article is only a personal review and does not constitute any investment advice. #币安HODLer空投LAYER

Let me first state the conclusion, followed by news and technical analysis: $BTC $BNB $SOL

Regarding BTC: It is predicted to adjust between 95,000 and 100,000. There is no obvious positive driving force at present. It is necessary to reduce leverage and risk when the price rises.

BNB: It is expected to consolidate between 610-670. Today, it is still related to the fluctuation of TST. Then a new airdrop was issued, which also pulled it up.

Regarding ETH: It is expected to fluctuate around 2500-2900, with a weak trend. It is a pity that there are so many bright spots recently but it has not emerged.

Goubi, Sol, Ripple, and Chuanbi are all rising, and they mainly fluctuate in the direction of BTC fluctuations.

The Altcoin Season Index shows that in the past 90 days, about 42 projects among the top 100 cryptocurrencies by market value have outperformed BTC, 10 more than yesterday. Altcoins are showing signs of recovery, but be careful not to be dragged down by BTC.

In terms of news, this week's speeches by Fed members and the release of inflation data will affect market trends. Bitcoin is trying to regain the $97,200 to $98,500 range, but price fluctuations and position liquidations will continue before macro data becomes clear. Former Thai Prime Minister Thaksin Shinawatra proposed setting up Phuket as a Bitcoin sandbox zone, allowing foreign tourists to pay for real estate and travel expenses with Bitcoin without cash restrictions. Florida lawmakers have proposed a bill to allow 10% of state funds to be invested in Bitcoin. North Carolina has also proposed a similar bill, planning to invest up to 10% of state government and highway funds in Bitcoin. Currently, 23 states are paying attention to digital asset investment.

Next is the technical analysis:

1. From the K-line of BTC, the 4-hour line is in an upward channel, and the daily line is still in a box shape. There is still no new direction for the long and short positions.

2. Greed and Fear Index observation: Currently 47, 1 more than yesterday, which is in the neutral range and will not last too long in this range.

3. The funding rate of BTC perpetual contract is 0.0087%, and that of ETH is 0.0053%. Long positions are better than yesterday, and BTC is better than ETH.

4. The biggest pain point of options will be observed in the next three months. It will be between 97,000 and 99,000 within three days, which will not have much impact. At the end of March, there is a biggest pain point of 10.4 billion in nominal amount at 85,000, which needs attention, and it has increased a little.

5. Spot ETFS observation: closed on weekends, observe again on Monday

6. From the perspective of RSI, BTC, BNB, Ripple, Sol, BTC, ADA, and Litecoin are in neutral for 24 hours, while ETH and Gobi are in weak for 24 hours. Most of the other mainstream and altcoins have gradually recovered, and about two-fifths have returned to neutral, which is still in the range of weak selling pressure.

7. Judging from the top escape index, it is currently in the lower middle and the position is moderate.

8. The BTC hoarding index is 1.22, which is basically suitable for fixed investment and hoarding.

From these rounds of plunges, we can see that the top of 110,000 is still difficult to break through, but every time BTC plummets, other coins will definitely plummet, so strategically, when BTC is at a high level, we must be vigilant. If you have various mainstream and copycat coins, you can gradually exchange some of them for BTC in stages to reduce the risk of the next round of plunges. If you are afraid of selling at a loss, you can exchange a little bit every day, and exchange more when the price rises sharply.