Market overview
Today, the cryptocurrency market presents a fluctuating pattern of dual games between policy expectations and data landing, with total market value oscillating in the range of $3.02 trillion to $3.15 trillion. An AI model has selected 26 key targets, recommending the purchase of 2 (over-sold rebound varieties) and the sale of 24 (technically pressured or fundamentally risky targets), with the maximum single recommendation profit reaching +5.79%. Market focus is on the landing of policy details from the White House crypto summit and the release of non-farm employment data, with institutional funds showing a risk-averse tendency. ETH ETF has seen net outflows for three consecutive days, while BTC ETF inflows have slowed.
Core influencing factors
Divergence in policy expectations from the White House summit
The first White House crypto summit hosted by Trump enters a critical agenda, with increasing market divergence on the details of the 'crypto strategic reserve' (such as the scope of included currencies and procurement scale). Although XRP, SOL, and others previously surged due to reserve rumors, Standard Chartered warns that the final plan may only retain BTC, leading to selling pressure on related tokens (such as #XRP, #ADA).
Non-farm data impact on liquidity expectations
In February, the U.S. non-farm payrolls increased by 153,000 (slightly exceeding expectations), the unemployment rate remained at 4%, and the hourly wage growth was 0.3% month-on-month. The data alleviates concerns about economic recession but strengthens expectations for the Fed to delay rate cuts, with the Nasdaq index rebound failing to effectively boost risk appetite in the crypto market.
Technical adjustment pressure released
The total market value of global cryptocurrencies (TOTAL) has fallen below the support level of $3.1 trillion on a daily basis, with BTC's key support moving down to $82,000. The derivatives market's 24-hour liquidation amount has surpassed $1.2 billion, and the long-short leverage ratio has dropped to 0.78, indicating a bearish short-term sentiment.
Recommended buy analysis for cryptocurrencies
**#CRO (Crypto.com Coin)**
Logic: Benefiting from the reshuffle of compliant trading exchanges, after Binance's C2C business clearance, traffic on compliant platforms is shifting to Kraken, Crypto.com, and others. On-chain data shows that CRO holding addresses increased by 8% week-on-week, and the platform token's burn accelerated deflation.
Technical analysis: Daily line retesting the 0.382 Fibonacci support level ($0.18), RSI (35) entering the oversold zone; if it stabilizes above $0.17, it may trigger a rebound.
**#SLF (Solarfare)**
Logic: The green finance theme continues its popularity, with the U.S. House of Representatives passing the (Renewable Energy Tax Credit Act) to promote carbon credit demand. SLF, as the leader in the solar energy sector, has seen on-chain staking rates rise to 67%, with an annualized return of 23% attracting risk-averse funds.
Risk: The project party will unlock 5% of the total supply of tokens on March 15, which may lead to short-term selling pressure.
Suggested sell logic for cryptocurrencies
Policy landing sell-off: #xrp (White House reserve expectations being falsified), #TRX (facing SEC lawsuit risk), #BCH (controversy over the upgrade of the computing power war 2.0) have all shown signals of major address reductions.
Ecological negative impact: #SAND (metaverse land sales stagnation), #VET (supply chain financial partner withdrawal) and other projects' fundamentals have deteriorated, with a weekly TVL drop of over 20%.
Technical breakout: #MASK (daily line breaks rising channel), #TIA (modular narrative retreat), #DEGEN (Meme attribute funds withdrawal) all have RSI below 30 but show no stabilization signals.
Key events:
21:30 White House summit closing statement (focus on BTC strategic reserve procurement scale)
22:00 Federal Reserve Chairman Powell's speech on monetary policy (caution against 'higher for longer' statements)
Risk warning: If the details of Trump's reserve plan fall short of expectations (such as excluding altcoins), related tokens may experience a second bottoming.
Tool verification: It is recommended to verify on-chain chip distribution and main force trends in real-time through buyx.ink to avoid data lag risks.
