February 20 Market Analysis
Recently, the market is shrouded in clouds, with trade frictions, regulatory uncertainties compounded by stubborn inflation, causing market sentiment to plummet to freezing points, and rebounds are consistently suppressed. However, historical experience shows that when everyone stops talking about bottom-fishing, opportunities may quietly approach.
Hot Trends:
ETH on-chain gas fees have skyrocketed, dog projects have seen a brief resurgence, but beware of the 'doomsday vehicle' pump trap;
SOL has plummeted and broken down, on-chain activity has been halved, leading projects are crazily cutting retail investors, and the Meme narrative has completely collapsed.
Operational Advice: BTC is in a rebound accumulation stage; if it stabilizes above the key level of 98,000, it is expected to challenge 100,000 dollars. In terms of operations, one can accumulate at lower prices, but remember to keep a light position for defense and wait for the trend to clarify before increasing the position.