Will BTC, BNB, and Sol continue to decline?
Short-term trend of Bitcoin (BTC)
Recent data shows that the price of BTC dropped to around $69,000 on March 1, partly due to the Federal Reserve's delayed interest rate cut expectations and macroeconomic data impacts.
In the short term, attention should be paid to the Federal Reserve's March interest rate decision. If hawkish signals (such as interest rate hike expectations) are released, it may exacerbate market volatility.
Institutional trends and liquidity risks
On February 27, a new wallet withdrew 987 BTC (worth $84.02 million) from Binance, and large capital flows may trigger short-term selling pressure or fluctuations in market sentiment.
Although long-term institutions (such as BlackRock) continue to buy, weak short-term trading volume may limit upward momentum.
BTC may oscillate in the range of $69,000 to $73,000; if it breaks the support level, it may test $65,000.
2. Short-term trend of Solana (SOL)
Although the ecological fundamentals are robust (USDC/USDT supply reaches $11.6 billion), short-term liquidity shocks may lead to price testing the support range of $127-$140.
SOL may continue to test the $127 support level; if selling pressure does not exceed expectations, it may gradually stabilize after April.
3. Short-term trend of BNB
Ecological upgrades and market sentiment, BNB Chain plans to undergo a hard fork upgrade in March, performance optimization may attract capital inflows, but the market may experience “buy the expectation, sell the news” fluctuations before and after the upgrade.
The price of BNB is highly correlated with activities on the Binance platform; recent overall market corrections may drag down its performance.