琪姐日记

Economic concerns weigh on market sentiment, Indonesia's stock market plummets 5%, triggering trading halt
On March 18, the Indonesian stock market plummeted on Tuesday, leading to a trading halt due to concerns over economic weakness and sluggish consumer spending ahead of Eid al-Fitr, which dampened market sentiment. The Jakarta Composite Index fell by as much as 5% during the day, marking the largest drop since September 10, 2020, triggering a trading halt. Trading has now resumed, with the Jakarta Composite Index's decline expanding to 6%. Nigel Peh, portfolio manager at Timefolio Asset Management, stated that there are concerns about consumer companies and weak sales leading into Eid, "many locals have cut back on discretionary spending." Meanwhile, weak household spending and deflationary data have also weighed on market sentiment. The sell-off on Tuesday accelerated the decline of the Indonesian stock market, solidifying its position as one of the worst-performing markets globally this year. A stronger dollar and escalating trade tensions have led to an outflow of investors. Everyone is currently focused on the Indonesian central bank's interest rate decision on Wednesday, with investors awaiting possible interventions by the central bank to stabilize the rupiah and boost economic growth.

On March 18, Bitcoin faced resistance at the 83454 level and fell back to 82591, currently oscillating around 82800.

For the evening Bitcoin: A rebound to around 83100-83600,
looking towards 82200-81500.

For the evening Ether: A rebound to around 1875-1855,
looking towards 1865-1835.

As the momentum for cryptocurrency acceptance in the mainstream market continues to grow, Solana (SOL) futures were traded for the first time on the Chicago Mercantile Exchange (CME) in the U.S. derivatives market. In February of this year, CME revealed plans to launch two types of Solana futures contracts: one is a standard contract representing 500 SOL, while the other is a 'micro' contract aimed at retail investors, representing 25 SOL per contract. After Coinbase launched related products in February, these contracts became the first regulated Solana futures to enter the U.S. market. These contracts are settled in cash rather than physical SOL. According to preliminary data from the CME website, nearly 40,000 SOL (approximately $5 million) worth of Solana futures changed hands on the first trading day of the March 17 contract. Early pricing data indicates that traders may hold a bearish outlook on SOL.

Before bedtime, Doudan has been released

Seed players get to eat for another day

Perfectly achieved! #btc走勢

Morning Silk Road
Last night, the overnight cryptocurrency price surged strongly, reaching the resistance level at 84700, followed by a slight pullback. Currently, Bitcoin is experiencing a downward correction after reaching a peak. The price is alternating between small upward and small downward movements, but overall, it is gradually trending higher. Bitcoin's price is now operating around 84000. On the Ethereum side, the price surged strongly last night, peaking around 1950 before facing resistance, and is now showing a slight downward trend.

Currently, there is no need for much discussion; the daily chart remains in a downward pressure state, currently operating near the middle band. On the four-hour chart, the price is close to the upper-middle band, and the long lower shadow indicates support at this level, which may show signs of a rebound or consolidation. The hourly chart is tightening again, suggesting a stalemate between bulls and bears, with two previous dips proving to be false breaks without substantial breakthroughs, indicating that support below is still strong. In the short term, the price is again under downward pressure, and in the morning, we will primarily focus on buying on the pullback.

Trading Suggestions
Buy Bitcoin at 83200-83600 with a target of around 85000-85500
Buy Ethereum around 1900 with a target of around 1950-1970 #BTC☀

Key economic data and events to focus on today: March 18, 2025, Tuesday
① Pending: US President Trump talks with Russian President Putin
② 18:00 Germany March ZEW Economic Sentiment Index
③ 18:00 Eurozone March ZEW Economic Sentiment Index
④ 18:00 Eurozone January Adjusted Trade Balance
⑤ 20:30 Canada February CPI Monthly Rate
⑥ 20:30 US February Housing Starts Annualized
⑦ 20:30 US February Building Permits Total
⑧ 20:30 US February Import Price Index Monthly Rate
⑨ 21:15 US February Industrial Production Monthly Rate
⑩ Next day 01:00 Nvidia CEO Jensen Huang gives keynote speech
⑪ Next day 04:30 US API Crude Oil Inventories for the week ending March 14

24-hour settlement heatmap, focusing on the settlement intensity of #BTC☀ near 82000

3.17 The market has not yet stopped falling
1. Last week, after a large bearish candle with increased volume, a small bullish candle with decreased volume was formed, indicating that the decline has not yet reached its bottom. It is expected that the market will continue to drop to around 73000.
2. There will definitely be a rebound around 73000, and the strength of the rebound will determine the bull and bear market.

Morning Silk Road Hit
First Target Reached
Conservative and Steady Individuals Can Exit First #btc走勢

Monday, good morning to a new day!
Bitcoin's downward trend last week halted after testing the 76,500 line with a spike, eventually breaking through short-term resistance after oscillating back and forth in the 80,000-84,000 range by the end of the week, with upward pressure. Over the weekend, it mostly remained in a sideways correction rhythm. After a spike rebound in the early morning hours, it still couldn't stabilize and has seen another pullback, continuing to maintain a consolidation rhythm in the short term.
Currently, as market sentiment has somewhat eased, the bears have been somewhat contained. The only key factor that can stimulate a price breakthrough in the future is whether the Fed's dot plot indicates three or more rate cuts this year, and whether there will be a quick rate cut in May, along with a pause or even a halt in QT. Before this Thursday (March 20) early morning, market sentiment may continue to remain cautious, and the price will likely oscillate back and forth within the range. Meanwhile, as the daily K continues to be pressured at the middle track, pressure has once again reached the 85,000 line. In the 4-hour chart, the K-line just touched the upper track position last night before being pushed down and breaking below the middle track, with a bearish short-term rhythm. In the short term, pay attention to the lower track around 81,000; if it does not break below during the pullback, it may give a rebound correction. If it breaks below, the 80,000 mark may once again be lost.
On Monday morning, if Bitcoin pulls back around 81,000, you can try to take a long position and look for a rebound near 83,500, with the stop loss placed below the 80,000 mark. If it breaks below, decisively reverse to enter a short position, and the next support level to watch is around 78,600.

Intraday Market Analysis
Good afternoon, brothers. The weekend market has started to consolidate again, but the overall upward momentum is still present. The minor level trend has not broken down yet. Pay attention to the bottom support of the consolidation zone at 837. Defensive support at 830. As long as the four-hour closing does not fall below the defensive support at 830, it indicates that this wave of upward movement is not over, and the market will continue to rise. The upper target resistance is initially set at 853. If it breaks through, we will look at 865-875. In this range, consider short positions only at this range; do not short lightly until reaching the corresponding resistance points.
Long positions can wait for a pullback to the 837-830 range to try with light positions. If the four-hour closing breaks below 830, you must exit manually because breaking below this level will weaken the rebound, and the market will test the support range of 810-800 again.
Currently, the aunt is still in a four-hour level fluctuation, but the one-hour level has completed the consolidation. The lower defensive support is at 1900. As long as the four-hour closing does not fall below this level, the market continues to look bullish. Currently, do not blindly look for shorts; the upper target resistance is initially at 1960. If it breaks through, we will look at around 2019. Once both resistance levels are broken, the upper space can reach around 2150-2200. The key support at 1900 must not be broken. For those holding long positions, if the four-hour closing breaks below 1900, you can exit manually, as the market will continue to fluctuate. The fluctuation range support is at 1860-1830.#美国数字资产储备 #美国2月PPI数据低于预期 #btc走勢

Saturday Morning Market Analysis
​Good morning, brothers! Today is Saturday, we have ended Black Friday and welcomed a day of sideways consolidation. Yesterday, Bitcoin slowly rose from a low point around 79903 to about 82594, with significant fluctuations in the evening, peaking at 85270, and now trading around 843.
📎​From a technical structure perspective, on the four-hour level, the running channel maintains a narrow downward trend, with prices continuing to oscillate weakly lower without forming a strong rebound. The volume shows a weak bullish pattern, and the moving averages consistently trend downward, with the smaller time frame still in a bearish dominant state.
📎On the daily level, the running channel continues to trend downward, with prices maintaining a weak consolidation in the mid-upper track area. After a sharp drop, there has been no effective rebound, and the bearish volume continues to shrink. The moving averages have not seen a significant joint upward movement. Personally, I still favor a bearish approach this week, and whether the market can rebound and recover will need to be followed up after support is established.
📎Personal trading suggestion:
Bitcoin can be traded in the range of 84500-84800, targeting around 84000-83700. If it breaks through, continue to look downward! #美国数字资产储备 #美国2月PPI数据低于预期 #BTC☀

There are a lot of people shorting recently. Just from the liquidation map data, we can see that if Bitcoin falls to 73,000 in the short term, it can only fall below 1.6 billion troops; and if Bitcoin breaks through 90,000, it can pull out 2.2 billion air forces; the market is about to undergo a major change in the near future. What do you think the big whales will do?

Night Market Analysis
Good evening, brothers. The current market for Bitcoin has broken through the consolidation zone's resistance, and after the four-hour closing broke the 826 resistance, it has just initiated an upward trend on the four-hour level. This means that this wave of increase is not yet over, so don't rush to short. The upper resistance can be viewed in the range of 860-875, and for those looking to enter short positions, it's suggested to consider the range of 865-875. The lower support can be seen at 826. As long as the four-hour closing does not drop below 826, this trend will continue to rise. For those without long positions, don't chase it; consider entering around the 826 area on a pullback. If the four-hour close drops below 826, just exit manually.
The Ethereum trend is flat, and the current resistance at the consolidation zone of 1960 has not yet been broken. Pay attention to the support at 1890 during the night for potential pullbacks. As long as the four-hour closing does not drop below this level, it can continue to look bullish, with the target resistance still focused on 1960. Only by breaking through this resistance will there be a significant upward movement, with upper resistance at 2043 and 2146. For those without long positions, it's suggested to consider re-entering near the 1880 area on a second test. If the four-hour closing drops below 1880, simply exit manually, with a defensive support at 1830.

Ethereum is finished.
Two years ago, you bought ETH at this price, hoping for a bull market to multiply it five or ten times.
Well, after all this, the price has returned to square one. You’ve earned nothing.
And look at Vitalik, at 30, full of vigor, spending his days in nightlife, flitting between various entertainment venues, attracting attention, living a life of indulgence. Now he looks emaciated, clearly lacking vitality and suffering from excessive fatigue.
Really, for those guys hoping for ETH to rise, stop taking Vitalik to clubs every day. Let him spend some time working on the Ethereum ecosystem.
You see, Ethereum's upgrade has been postponed again, stalled for further discussion. It's hard for the coin price to rise now.
At this point, we can only look at the patterns; ETH below 2000 has indeed entered the accumulation zone for big players. If you want to buy in, you can place orders around 1937-1750-1520. Short-term resistance is at 2200, and medium-term resistance is around 2500.
For those who bought ETH, you can either endure it or find your own entertainment. It’s tough, really tough, but there’s also the fear of being played by the big players. After all, so many people are bearish; could that be exactly what the big players want? Damn it, how should one decide?
Should we learn from others, just go all in, and if we die, so be it.

Intraday Market Analysis
Good afternoon, brothers. This market is not meeting expectations. After looking around, it is still moving sideways within a range. It gives you a few hundred points but doesn't let you get on board. If you can't catch it, just wait. Currently, there isn't much good to operate on, just small-level rebounds. At least a four-hour level closing needs to break the 825 resistance. If it can break this resistance around four o'clock in the afternoon or eight o'clock in the evening, the rebound strength will be greater, and the market will once again push against the 845 resistance. This resistance level is a daily level resistance. As long as the daily line breaks this resistance, the market will rebound at the daily level, and the rebound strength will be even greater, potentially reaching resistance levels like 870 and 910. So, we only need to pay attention to whether the 826 resistance can be broken. Before breaking the 826 resistance, our swing long position strategy remains effective, with support unchanged in the 790-770 range, paying attention to longs and defending at 730. Therefore, the position of the first warehouse cannot be too heavy. If you hold long positions, pay attention to the 815 support. As long as the one-hour closing breaks this position, the long can exit first, indicating the end of this rebound.
The market is still in range oscillation, with the oscillation range between 1960-1830. In this type of sideways market, it is generally not advisable to trade. Either gamble on long positions at the bottom of the sideways range at 1830. This position must be a small attempt. Once it breaks, it will go down to the 1750-1650 range. Wait for longs in this range, or the entity needs to close above 1960. At least at the one-hour level, you can chase one long position, aiming for targets of 2050 and 2140. Only then will the market have direction. Currently, if you hold long positions, as long as the one-hour closing breaks 1870, you can exit first.
The rebound lacks strength. If there is a short position and the one-hour entity closes above the 1960 resistance, the short position should also exit, indicating that the bullish trend has already emerged.

According to foreign media reports, U.S. Congressman Byron Donalds will introduce legislation on Friday to codify an executive order signed by President Trump earlier this month, which established a strategic Bitcoin reserve and a U.S. digital asset reserve. The bill will ensure that the two reserves cannot be eliminated by future presidential executive actions, thereby protecting the cryptocurrency-friendly policies pursued by Trump in his 2024 campaign and his second term. Although the bill needs to secure 60 votes in the Senate and a majority in the House of Representatives, cryptocurrency-friendly policies have already received bipartisan support in this Congress. The effort to write the executive order into law will be the latest sign of Washington lawmakers' interest in the industry.

Yesterday, the big coin dipped to the 80500 line before starting a oscillating upward trend, reaching a high of around 84000 during the day, and then faced resistance and turned downward. During the US trading session, the decline intensified, approaching the 80000 round number, currently operating around 81100. From a 4-hour structural perspective, the price has not effectively provided a corresponding rebound after a series of consecutive declines, and it is operating at a low level with weak rebound strength. The downward probing points are continuously moving lower, gradually testing the support below, and the volume of shorts has not ceased, currently still optimistic about further downward movement of the shorts.
Trading Suggestions
Big coin short around 81650 to 82000, target 80550 to 79550.
Auntie short around 1850 to 1905, target 1835 to 1805. #SEC推迟多个现货ETF审批 #加密市场反弹

The pancake has fallen below the 810 mark,
​what do you brothers think about it?

Local time on Thursday evening, U.S. President Trump signed an executive order to establish a strategic Bitcoin reserve and a separate digital asset reserve (including cryptocurrencies other than Bitcoin). As a result, the price of Bitcoin has declined. However, the upcoming non-farm payroll report and cryptocurrency summit may bring new volatility to cryptocurrencies.

According to Trump's executive order, the Bitcoin reserve will be funded by Bitcoins seized in criminal or civil litigation, and the Secretary of the Treasury and the Secretary of Commerce are authorized to develop budget-neutral strategies to purchase additional Bitcoins, "provided that these strategies do not impose any incremental costs on American taxpayers," wrote White House AI and cryptocurrency advisor David Sacks in a post released late Thursday night.

"Bitcoin is often referred to as 'digital gold,'" the executive order notes, "Just as our nation has a responsibility to prudently manage the ownership and control of any other resource, our nation must harness rather than restrict the power of digital currency to achieve prosperity.