Trump signed an executive order at 3 AM, announcing the use of seized Bitcoin as a strategic reserve. This sounds quite normal, after all, the government has so much BTC, using it for reserves is not unusual. However, the market reaction was a bit strange: North America did not crash the market, and even rebounded in the early hours! As soon as it reached the Asian session, the market started to plunge wildly.
In fact, this operation of locking tens of thousands of BTC is completely different from the U.S. government's quarterly regular sales of BTC in 2023 and 2024. This operation may have a greater impact on the market. So the sharp drop in the early session is actually a continuation of the recent market trend—sharp rises and falls, both longs and shorts are being killed. Can Trump publicly say whether the government will buy or how to buy?
Remember this: Whatever the dealer openly says they want to buy, that means they have already bought at a low price and are ready to distribute!
The dealer's intentions are never truly stated, just listen to the wind and watch the show. Don't forget, BTC won't disappear, this market will still exist, and both rises and falls are opportunities. The key is to find your own rhythm, don't act chaotically, and strictly execute your trading plan—that's the way to go!
Key Points for BTC and ETH
Key Focus Points for BTC:
Support Level: 83150 / 80000
Current Key Points: 87150 / 86400
ETH Key Focus Points:
Support Level: 2010-2030 / 1920
Current Key Points: 2095 / 2153
Layout 4 types of altcoins that are expected to rise by 100 times in the future!
1. BSV
BSV has performed well recently, with its price rising to $36.15, an increase of 12.96% in the past 24 hours. Although it has dropped by 12.80% in the past month, analysts predict it may rebound in March, potentially rising to $42.23. Looking further ahead, by April 2025, BSV may rise to $55.62, an increase of 47.13%. This is a good opportunity for bullish traders.
2. APT
APT has been very strong recently, with its price rising to $6.14, an increase of 13.89% in the past 24 hours. Its market value has reached $3.66 billion, and liquidity is strong. More importantly, Aptos has recently integrated the stablecoin USDe and has submitted an ETF application. If approved, it may attract more institutional investors. Analysts predict that by April 2025, APT may rise to $31.70, an increase of 407.14%!
3. JTO
JTO performs well in the DeFi field, especially through its cooperation with Kamino Finance, with deposits exceeding 1 million SOL, an increase of 43%. Currently, JTO's price is $2.64, having risen by 13.28% in the past 24 hours. Its market value is $813 million, and liquidity is also strong, making it a choice worth paying attention to for investors.
4. THETA
Theta recently collaborated with Nubila Network to enhance AI model training using distributed GPU resources. The current price of THETA is $1.09, having risen by 5.19% in the past 24 hours. Analysts predict that by March 2025, THETA may rise to $1.68, an increase of 28.11%, with a potential return rate as high as 54.04%.
That's all for the article, I'm Xiaoyue, I will do more detailed analysis in the circle. If you want to join, please follow me and leave a message, I will reply to everyone promptly!
