Daily coin magazine:

The US stock market finally opened yesterday, but only Fidelity has updated the data, so the data at the end of today's article still cannot be updated. It is still on February 16th, and the data on the 20th needs to wait until tomorrow. Please be patient

Yesterday, the U.S. stock market opened lower. There was a rebound during the session, but the rebound was average and ended negative. As mentioned yesterday, the U.S. stock market is adjusting its structure in the short term, and it should not be adjusted in place yet, so don't worry too much.

Yesterday, this STARK was amazing. When B AN was launched, it was as high as 4U. However, the airdrop army arrived soon, and the price was cut in half in 2 hours. The reasonable range of 1-1.5 I mentioned yesterday should still be valid. You can continue to refer to it. There will be opportunities later in this project.

The boss of MIRCO said that he has no reason or plan to sell Bitcoin, because the door to capital entry has just opened, and the market value is only 1 trillion. It is completely based on the butt that determines the head. However, his investment has already gained 41 It has reached 100 million U.S. dollars. As old leeks, especially those who have experienced two rounds of bulls and bears, you should also have faith. Holding Bitcoin should still be the best investment asset in 2024.

Let me share an interesting picture. I don’t know if Chinese people don’t use Baidu much now, or if WeChat search and short video platforms have more credibility, but this can show that when the hot searches were popular in the first two bull markets, it was time to fade away. It’s time to make a big splash, or that’s my “out of the circle or perish” theory. We haven't reached that moment yet, and it should be very early.

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Yesterday, the total trading volume of the nine Bitcoin spot ETFs was approximately US$2 billion, a record high. VanEck's HODL, WisdomTree's BTCW and Bitwise's BITB also broke their respective single-day trading records. This trading volume has already It is comparable to the trading volume of the top 20 US stocks.

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Market interpretation

Yesterday, a false breakthrough came. It was indeed a new high of 4H level. Once it was inserted, it was immediately knocked down. Today, the long-short ratio has directly changed to the short-term dominance. I have been emphasizing in the past few days that this will happen. Really It's okay if it happens. Judging from the current structure, this part of the divergence should be resolved and it will continue to move upward. The point of resolving the divergence is around 50,500.

Auntie really can make some jokes every day. Today, the Shanghai Composite Index closed at 2950. The big ether didn't beat it. However, I think 3000 points is just a resistance at the round number mark. The real big resistance should be at 3500-4000. It will only appear. The Cancun mainnet launch time should be finally set on March 13. There is still time for hype, so let’s add the E prefix. There should be a chance to see more than 3500

Today’s panic and greed index: 78 (greed)

As of February 16 (US time) ETF holdings data: total net inflow 6802 (incomplete), total ETF holdings 726483 (incomplete)