The Bitcoin 4-hour chart is maintaining above the middle track, and the short-term chart still shows some oscillation bias. However, due to the oscillating market, the transitions will be relatively frequent; a large bearish candle can change the current rebound pattern. The periods of back-and-forth transitions will also involve observing the strength and continuity while combining with the patterns. The current structure is temporarily stabilizing around the 90,000 integer mark, using this level as the critical point for oscillation. If it holds, we expect a rise; if it breaks, we will adjust accordingly. The space combined with the patterns will be observed in real-time. The dollar's stagnation range makes it difficult for prices to have significant fluctuations in the short term. In the small cycle, we will first look for a rebound. Evening Operation Suggestions For Bitcoin, look to buy in the 91,700-91,000 area, targeting the 93,000-94,000 area.
For Ethereum, look to buy near 1,710-1,730, targeting around 1,780-1,810.
The daily closing is a doji, and the current upward trend of Bitcoin is still ongoing. The daily MACD has risen above the 0 axis for the first time, indicating a high probability that a pullback confirmation is needed, and the price will enter a sideways consolidation phase. Be patient and wait for the 30 pullback to appear. Focus on long positions, but also be aware of risks, as the rising trading volume is not particularly good and shows slight signs of contraction, which poses a risk. Key support area for Bitcoin: 89500-90600. If a stop-loss sign can be given, the washout must also show a decrease in volume. The washout can be horizontal instead of a decline, or it can actively decline 📉 or make a strong adjustment; however, the probability of a strong adjustment is low! ETH Perspective: It has broken through the critical resistance level of 1690, and the price is operating near the lower left point range, with key support at 1725 and 1750. However, the overall trend is weak, so treat the rebound after the decline with caution! Focus on swing trading for long positions! #BTC#
BTC Market Analysis Last night's market was relatively gentle; Old Powell's speech surprisingly caused a decline of over 2000 points. Is this a good thing or a bad thing?
In terms of trends: Bitcoin has entered a phase of range-bound fluctuations over the past two days, in a relatively small high-level range.
After such fluctuations, once a direction is chosen, a strong move will follow. Currently, pay attention to the resistance level above at 86500 and the support level below around 83000. Let's see which direction breaks out! #BTC
US stocks retrace, BTC rises instead of falling, this is not a good momentum. From the perspective of patterns and volume, BTC's rebound height will not be very high.
Personal suggestion, open a short near 85500, stop loss around 86300. Target around 83000 #BTC
#ETH The current four-hour level for the concubine has also turned bearish. In the short term, watch for a rebound resistance at 1610. The market needs to stabilize at this price level on the four-hour chart before it has a chance to continue rising. Conservative long positions can wait for stabilization at 1610 on the four-hour chart before considering, with targets at 1650 and 1690.
Do not easily take long positions before stabilization; wait for a second drop to build long positions in the 1490-1530 range.
ETH, rebounding to 2000, I believe many people were happy for a long time last night, but a brief rebound does not mean it will continue to rise. Everyone should look at the pattern; the current trend is downward. It's just a rebound, not a reversal. The upper resistance is around 2130-2200, and it is recommended to reduce positions in the short term. The lower support is around 1930-1750-1500, and orders can still be placed. Once the coin becomes weak, to become strong again, it requires narrative support. #Tonight, the Federal Reserve does not cut interest rates, continuing the rebound. Are we staying or leaving?
This little trash of a concubine Really has no hope, the absolute pressure level above is 2200, the dealer has now entered the accumulation phase, everyone can enter long positions around 1750-1550, friends who are stuck can only endure it! #ETH
Last night a sudden positive development occurred, and on Sunday night there was a massive surprise attack to drive up the market. This manipulation of the market by Trump is outrageous; it's hard for those not monitoring the market to cope. He first tweeted about wanting to build a U.S. cryptocurrency reserve, specifically mentioning the intention to acquire XRP, SOL, and ADA. After a whole hour, he suddenly remembered, "Oh right, I also like these mainstream coins, BTC and ETH, of course I will acquire them too." He quietly bought a bunch of small coins, and then suddenly announced that the country would be accumulating them. Just as the prices were about to soar, he casually mentioned Bitcoin and Ethereum. The manipulation is too obvious, the market dumps are extreme, and the rallies are extreme, not following normal patterns. #美国加密战略储备 #BNBChainMeme热潮
On March 3, Jin Ten Data reported that as the European Central Bank enters the final stage of interest rate cuts, inflation in the Eurozone has eased, enhancing confidence that it is approaching the 2% target. According to data from the European Union's statistics agency, the preliminary year-on-year CPI for the Eurozone in February registered at 2.4%, down from 2.5% in January. Although still high, the inflation in the service sector, which policymakers have been particularly focused on, has fallen to 3.7%. This is the first significant drop from 4% for this indicator since April 2024. Following the data release, the euro continued its upward trend, rising more than 0.6% during the day. German government bond yields rose further, with the 10-year bond yield increasing by 4 basis points to 2.45%. European Central Bank officials previously stated that they would continue to achieve their price targets in the coming months, and the latest data further dispelled their uniformity. The European Central Bank has cut interest rates five times since last June and is almost certain to cut rates again at this week's meeting. Analysts expect that interest rates will be raised consecutively until the deposit rate (currently at 2.75%) reaches 2%. However, investors believe that a pause in interest rate hikes may occur in April. #美国加密战略储备 #美国加征关税
The current market trend depends on several key factors: 1. On March 4th, the United States officially imposed a 25% tariff on Canada and Mexico, which may cause some fluctuations in sentiment, reflecting expectations of rising inflation in March. 2. On March 7th, the U.S. will release non-farm payroll data, focusing on the unemployment rate, employment numbers, and wage growth. 3. On March 8th, Trump will hold a cryptocurrency summit at the White House, and the topics to be discussed are currently uncertain. 4. In the second week of March, on the 12th and 13th, there will be two consecutive days of CPI and PPI data releases, with CPI data being the focus. 5. The third week of March also has important meetings on consecutive days, with the Bank of Japan holding a monetary policy press conference on the 19th.
This morning, we witnessed a long-awaited bullish candle, and the price has once again stood above 94000!
Currently, after a surge in the early morning, the market has shown a clear upward trend. In the short term, Bitcoin is strongly moving upward, and structurally, it has shifted from weak to strong. On the daily chart, it shows a rebound after hitting a low, with a strong bullish candle following a consolidation of recent gains. Additionally, the V shape reversal pattern is evident, and on a larger scale, market sentiment is beginning to strengthen.
On the 4-hour chart, the Bollinger Bands have turned upward, and the continuous rise in Bitcoin indicates a strong short-term market. Meanwhile, the accompanying indicators are all extending bullishly, suggesting continuation. Therefore, for morning operations, a slight pullback can be used to enter a long position!
Trading Suggestions Long Bitcoin around 92000-93000, with targets at 94500-95000.
Long Ether around 2410-2450, with targets at 2490-2550.
The market continues to hover in a state of fluctuation. The price of the cryptocurrency frequently oscillates around the 95,000 mark, repeatedly testing but ultimately failing to effectively break through this critical line of defense. This behavior indirectly reflects that, in the absence of negative news, market participants are more cautious, unwilling to easily push prices downward. The price movement of Ethereum is also in line with expectations, as its previous upward trend has entered a stable phase after experiencing a correction. Although the overall market appears slightly fatigued, there has not been a sustained significant decline. From the four-hour candlestick chart, the small bullish candle at the end of the trading session breaks the pattern of consecutive bearish candles, bringing a slight positive signal to the market. Additionally, the price quickly stabilized after reaching the low of 95,000, highlighting strong support at this level. Meanwhile, the Bollinger Bands indicator is gradually flattening, indicating that market volatility will tend to ease. Considering the current situation, if there are no new negative factors interfering, the subsequent market is expected to maintain a fluctuating trend around this support level, and the golden cross formed by the KDJ indicator also provides technical support for this viewpoint. Based on this, today's strategy remains to sell high and buy low, primarily focusing on an upward movement after a pullback. Buy near 95,000-94,500, target 97,000-95,000
Buy near 2,680-2,710 for Ethereum, target around 2,780, 3,250, 3,165, 1,643, 2,546, 4,864, 3
Ethereum has once again returned to the lower band of the four-hour Bollinger Bands, making it a good time to enter long positions! The trend on Sunday showed little fluctuation, primarily remaining in a range, with the morning trend retracing to the lower band of the four-hour Bollinger Bands. According to previous trends, a retracement to the lower band often results in a rebound, so the morning strategy suggests focusing on low long positions! 【Analysis of the four-hour price trend】 K-line pattern: Recent prices have oscillated around 2700, failing to break through the previous high of 2791.78, indicating significant resistance above. The support level is around 2650, which has been tested multiple times without being effectively broken. Technical indicators: MACD: Currently, both the DIF and DEA are negative, and the MACD histogram shows green bars, indicating that short positions dominate in the short term, but there are signs of convergence.
Trading volume: Recent trading volumes have decreased, especially during price retracements, indicating a strong wait-and-see sentiment from both bulls and bears. Near key levels (like 2700), trading volume has slightly increased, indicating some contention at that level. Morning trading strategy for stable profits on 2/17: For Ethereum, it is recommended to enter long positions in the range of 26300-2650, with profit target points at: 2680-2700-2720. For Bitcoin, it is recommended to enter long positions in the range of 95300-96000, with profit target points at: 97000-97600, and to continue holding if it goes above 98000!
2.3 experienced a total drop of 91,000 in the cryptocurrency market due to Trump's tariffs.
On 2.12, the CPI economic data had a significant negative impact, causing a flash crash to 94,000.
In the early hours of 2.12, Powell clearly stated that there would be no interest rate cuts in the first half of the year, which was a major negative signal. We've weathered the storms, Endured the hardships, now it's time for sweetness. As for the fluctuations, let them be. Still looking at 94,000-104,000; for the second cryptocurrency, looking at 2,800-3,200; a big rebound to 10,000 dollars by mid-month.
The cryptocurrency market has had a good performance in the past 10 days.
We each work hard, and we will meet at the peak by the end of the month. Let's go 💪#加密市场反弹 #山寨季何时到来?
At 11:30 PM tonight, the market is about to reach a critical juncture. Federal Reserve Chairman Jerome Powell will deliver a highly important semiannual monetary policy testimony at the Senate Committee on Banking, Housing, and Urban Affairs. This event has garnered global financial market attention, and the direction of his remarks is likely to serve as a vital guide for subsequent market trends. Although Trump has suspended the imposition of tariffs on low-cost packages from Mexico, Canada, and China, market sentiment remains highly tense. Investors are acting cautiously, reducing their high-risk investments, and the overall market atmosphere is one of waiting and watching.
Looking back at the cryptocurrency market, Bitcoin experienced significant volatility last Monday, often referred to as a "large spike" scenario, and the current price has rebounded to the range of 97,500 to 98,500. At present, the price of Bitcoin is stabilizing and showing a steady upward trend. However, as the trading range continues to narrow, the market seems to be quietly accumulating energy, with various signs suggesting that tonight or tomorrow, the market is likely to encounter a critical turning point. Evening trading strategy Bitcoin rebounds to around 98,800-99,300, aiming for a target of around 96,000-95,500. Ethereum rebounds to around 2,710-2,750, aiming for a target of around 2,680-2,650.