After struggling within a narrow trading range throughout February, Bitcoin (BTC) has finally broken out of its consolidation zone, slipping below the US$90,000 level for the first time since November. This flagship digital asset is currently hovering around US$88,956.
This decline reflects an escalation of bearish pressure, raising concerns that this downward trend may continue into March.
As for large holders, it refers to whale addresses that hold more than 0.1% of the total circulating asset supply. Their net flow tracks the volume of coins they buy and sell over a certain period.
When this net flow decreases, it means that these major investors are reducing their token holdings, which indicates an increase in selling pressure. This could exacerbate the downward price pressure on BTC due to the increased supply in the market.
According to John Glover, Chief Investment Officer (CIO) of Ledn, BTC is likely to remain stuck in a range between US$89,000 and US$108,000 during the month of March.
#CryptoMarketWatch Crypto markets watch: Pundits share their insights after Trump’s latest move
What are crypto experts saying Following Trump’s executive order, several crypto experts shared their thoughts with Investing.com regarding the latest developments.
Altcoin Market Update: LTC, XRP See Gains Amid ETF Hype While Solana Continues to Struggle Under Milei Controversy It was a mixed bag for altcoin traders on Wednesday as top cryptocurrencies moved in different directions fueled by various catalysts.
On the positive side, bullish as $75 million losses from traders selling accounted for over 60% of the day’s total liquidations of $130 million.
Binance Coin (BNB), Ripple (XRP), and Litecoin led the top gainers while Solana (SOL) price underperformed.
BTC’s recovery was driven by the positive market reaction to US President Donald Trump and Vladimir Putin’s announcement of restoring diplomatic relations between the two countries.
#VIRTUALWhale 3 Cryptos That Whales Bought After Market Crash in Q1 2025
Crypto whales took advantage of the market downturn to increase their holdings of WLD, VIRTUAL, and ONDO, showing their confidence in these assets in the future.
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Ethereum (ETH) continues to show strength above the $2,500 level and recently started a decent uptrend, similar to Bitcoin (BTC). After breaking through the $2,620 resistance, Ethereum (ETH) is now in a short-term bullish zone. With a break above a key contracting triangle with resistance at $2,700 on the hourly chart of ETH/USD, the currency looks set to surge higher.
After breaking through the $2,720 level, Ethereum (ETH) tested the 50% Fib retracement level of the decline from the $2,845 to $2,605. Currently, Ethereum (ETH) price is trading above $2,680 and the 100-hourly simple moving average. However, on the upside, Ethereum (ETH) seems to be facing resistance near the $2,725 level.
The first major resistance is near the $2,755 level, or the 61.8% Fib retracement level of the same decline. If Ethereum (ETH) manages to clear the $2,820 resistance, the price could head towards $2,880. A break above this resistance could trigger further upside in the coming sessions. In that scenario, Ethereum (ETH) could rise towards the $2,920 resistance zone or even $3,000 in the short term.
Stellar payment protocol is based on distributed ledger technology, open source development, community-owned and distributed by the community.
The crypto assets of the Stellar platform help cross-border transactions, solving the problem of high fees and slow procedures. XLM focuses more on helping individuals transfer money than institutions.
Thus, Stellar offers access to the financial system, and people can send money with low fees and immediately around the world.
Getting to Know What XLM Coin Crypto Is and Its Price Performance
The crypto asset from the Stellar platform helps cross-border transactions, solving the problem of high fees and slow procedures. XLM focuses more on helping individuals transfer money than with institutions.
Currently, Bitcoin is also showing a bullish flag pattern, which is often a signal that the price will soon continue to rise.
For the price level that needs to be considered, namely if BTC breaks through US$ 108,000, then there is a potential to rise to US$ 122,000 and in accordance with the C&H pattern calculation.
Nansen’s Bitcoin On-Chain Analytics Reveal 42% Increase In BTC Transactions
Blockchain analytics platform Nansen announced the launch of its Bitcoin (BTC) on-chain analytics to bring real-time, detailed insights into the flagship cryptocurrency, enabling users to track key on-chain metrics in the platform.
Nansen Brings Real-Time On-Chain Analytics For Bitcoin
On Thursday, Nansen introduced its Bitcoin Growth Dashboard to provide a detailed view of the flagship crypto’s market movements and address the lack of user-friendly tracking tools for in-depth analysis in the market.
The analytics platform noted that examining Bitcoin’s network at the same level as other blockchains has been difficult since most tools use “outdated address labeling, fragmented data, or require advanced technical skills to extract meaning insights.”
As a result, the new Bitcoin on-chain analytics aims to bring “the same depth of data that Nansen users have relied on for Ethereum and other blockchains to Bitcoin” by enabling traders, institutions, and analysts to monitor active addresses, transactions, and the principal entities interacting on the network.
Understanding Trend Analysis and Trend Trading Strategies
Trend analysis is a technique used in technical analysis that attempts to predict future stock price movements based on recently observed trend data. Trend analysis uses historical data, such as price movements and trading volume, to estimate the direction of market sentiment over the long term.
Trend analysis attempts to predict trends, such as a market uptrend, and follow those trends until data shows a trend reversal, such as a market uptrend becoming a market downtrend. Trend analysis is useful because moving with the trend, rather than against it, will result in profits for investors. This analysis is based on the idea that what has happened in the past gives traders an idea of what will happen in the future. There are three main types of trends: short-term, intermediate-term, and long-term.
An active user has registered for your software and has used it within a reasonable timeframe. This timeframe is critical to measuring active users that companies often overlook. Many businesses focus solely on reporting "monthly active users," but this can be misleading in understanding how customers interact with the software.
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Michigan has officially entered the race to establish a strategic Bitcoin reserve. Lawmakers introduced a bill that, if approved, would allow the state to invest in Bitcoin using public funds. This move makes Michigan the 20th U.S. state to consider such legislation.
Representative Bryan Posthumus, a key supporter, believes Michigan should follow Texas in leading crypto policy. The bill would enable the state treasurer to allocate up to 10% of the general and economic stabilization funds into Bitcoin. While details on specific cryptocurrencies remain unclear, Bitcoin remains the top priority. This push signals a growing acceptance of digital assets in state financial planning.
Bitcoin Reserve to Strengthen Michigan’s Economy Supporters argue that a Bitcoin reserve could boost Michigan’s financial stability. By holding Bitcoin, the state may benefit from long-term price appreciation and hedge against inflation. Additionally, the bill includes a provision to lend Bitcoin for extra returns. This strategy mirrors investment tactics used by major financial institutions.
The bill’s backers believe Michigan could gain a competitive edge by securing a share of the booming crypto market. If approved, Michigan’s strategic Bitcoin reserve may set a precedent for other states. Critics, however, warn of Bitcoin’s volatility and regulatory uncertainties. Still, growing interest among U.S. states suggests that Bitcoin is becoming an essential part of modern finance.
Wall Street wants to know if DOGE-led job cuts will tip U.S. into recession The No. 1 question from clients of Apollo Global Management is whether DOGE-related firings and jobs cuts can create an economic downturn, said chief economist Torsten Slok.
Government-related job cuts by the White House and its “Department of Government Efficiency” haven’t been big enough to show up in the data yet, but fears are growing that they could soon lead to a surge in jobless claims and undermine the strength of the labor market.
Data released on Thursday showed that initial jobless claims barely rose from already low levels over the seven-day period that ended on Feb. 15, inching up by 5,000 to 219,000. While jobless claims have remained historically low, some economists and market participants warn that federal employees who have been let go will likely begin filing claims over the months to come.
Santiment Reveals Altcoins With the Biggest Wallet Activity Spikes
Santiment, a cryptocurrency analytics firm, recently identified the altcoins with the most significant wallet activity increases over the past week.
The analysis revealed that low-market-cap altcoins dominated the list, with their smaller market sizes making them prone to sharp fluctuations in activity.
Among the tokens with the highest growth in daily wallet activity, UXLINK led the pack with a staggering 1927% increase. It was followed by Satoshi Airline, which saw a 650% surge, and Onyxcoin, which recorded a 600% rise.
Other notable performers included dCargo with a 589% increase, Tornado Cash at 435%, and Dogelon Mars, which experienced a 393% jump. WAX also saw a substantial 350% rise, while OCD grew by 286%. Virtua and Spell Token rounded out the list with increases of 165% and 154%, respectively.
The data reflects a strong focus on smaller altcoins, where wallet activity can spike dramatically due to sudden trading interest or speculative behavior. Santiment’s findings highlight how analyzing wallet activity can provide valuable insights into emerging trends in the cryptocurrency space.
What are gas fees? Definition Gas fees are small payments required to process transactions and execute smart contracts on the Ethereum network. These fees compensate validators for their computational resources, ensuring network security and functionality.
The concept of “gas” “Gas” represents the computational power needed to perform actions on the Ethereum network, whether sending ETH, executing smart contracts, or using decentralized applications (dApps). Each action on Ethereum requires a certain amount of gas, with more complex transactions needing more gas. Users pay gas fees in ETH, Ethereum’s native cryptocurrency, with the total cost based on the gas used and the gas price at that moment.
Example A user might need around 21,000 gas units for a basic ETH transfer. If the gas price is 50 gwei (one-billionth of one ETH), the total cost for the transaction would be 21,000 gas * 50 gwei, translating to 0.00105 ETH (depending on the current ETH price). Complex actions like interacting with DeFi protocols or NFT marketplaces might require more gas, leading to higher fees, especially during high network traffic.
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Cryptoharian – Litecoin (LTC) is currently being discussed amid speculation about the possibility of Spot ETF approval, which is considered to have a significant impact on the price of this asset. Meanwhile, Minotaurus (MTAUR), a new project in the blockchain-based gaming sector, is also starting to gain attention in its presale stage.
Litecoin (LTC) is currently trading above 100 USDT, with increasing speculation regarding Spot ETF approval being reviewed by the United States regulator. One application submitted by Canary Capital is currently under evaluation, and if approved, could increase demand from institutional investors.
Some analysts compare this situation to Bitcoin (BTC), which experienced a price surge after its ETF approval. When viewed from a technical analysis perspective, Litecoin is facing resistance in the range of 120 USDT, while the main support level is at 100 USDT. If the price breaks through the resistance level, the next potential increase is in the range of 150 USDT to 187 USDT. However, if it experiences selling pressure and falls below the support figure, then the price could move towards 92 USDT or lower.
Historically, the price of Litecoin has a fairly close correlation with the movement of Bitcoin. If there is encouragement from institutional investors, then the positive possibility is an increase in price.
The Bitcoin market development in 2025 has many surprises. In fact, many analyses from experts predict that Bitcoin will soar to IDR 2.5 billion or more. Investment research firm Bernstein predicts that the Bitcoin price will skyrocket. Gautam Chhugani, an analyst at Bernstein, stated that this belief depends on the possibility of the United States Securities and Exchange Commission (SEC) approving a Bitcoin spot ETF in the next two years. Although Bernstein previously doubted Bitcoin as an investment asset, they now see great potential, especially if the SEC approves a Bitcoin ETF. Not only that, Chhugani emphasized that the more neutral attitude towards Bitcoin as a commodity indicates a change in the cycle, especially with the possibility of SEC approval of ETFs supported by the world's leading asset managers such as BlackRock, Fidelity, and others. If the Bitcoin Spot ETF is approved, mainstream investors can access Bitcoin directly through investment products regulated by the SEC. In addition, Bernstein also projects that the 2024 halving will contribute to the increase in Bitcoin prices.
What are your predictions?
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