Judging the direction of market movement does not require any indicators; it only requires observing whether prices continuously break through in the same direction. For example, when the price breaks through the previous high and then retraces, it is expected to form a higher low (HL) and break upwards again. The same principle applies to downtrends.
Breakthrough - Retracement - Re-breakthrough constitutes the basic structure of the market.
According to Dow Theory, the market is simplified into the following three theoretical models.
#链上数据洞察 On-chain data is the alpha (source of excess returns). You can gain significant insights about protocols, tokens, and the crypto economy. Because few people actually take the time to look at the data.
It can effectively bridge the information and cognitive gaps for individual investors in their investment decisions.
Because crypto investments are still in their early stages, information is in a state of extreme asymmetry. Unlike the current stock market, which also has a certain degree of information asymmetry, it is much more developed compared to the crypto market, where at least you can see the fundamentals of the company (financial, business, and other data information).
Many blockchain projects have no income, profit, or other business indicators, so one can only make inferences from the available data, and at this point, data analysis can create a certain information gap.
**News Update** CZ: I used DEX's AMM, LP and other functions for the first time this morning. DEX has a lot of room for improvement in UX for novices
BlockBeats news, on February 23, CZ said on his social platform, "This is my first time using AMM, liquidity pool, etc. I have never used DEX before, I use CEX. I want to put some BNB in TST LP as a test. I have seen the Pancake demo before. It looks simple. So I didn't refer to any video tutorials. I want to see what the first experience will be like. As a novice, I have to say that the DEX experience can be improved a lot. There may be robots trying to rush my public address transactions (or any large transactions). Everyone can monitor what I am doing in real time. Well, there is still a lot to do."
The biggest controversial topic in this bull market: Ethereum
Originally the focus of everyone's attention, now it has resulted in disappointment and even despair for investors.
The poor performance from 2023 to 2024 is one thing, but many steadfast believers have endured. However, during the Spring Festival of 2025, Ethereum fell directly from 4100 USD to 2100 USD before stopping.
Even the most steadfast beliefs are close to shattering; many retail investors are completely disappointed and are selling Ethereum, switching to holding SOL, XRP, SUI, etc.
In light of Ethereum's performance over the past two years and the foundation's inaction, many people are saying that Ethereum is dead.
Some even say that due to the meme tokens released by the Trump family, speculation has become rampant in the industry, creating a toxic environment, clearly turning into America's money pit for harvesting retail investors, while altcoins are performing poorly as well, thus, the crypto circle is also dead.
#TradeFi革命 According to CryptoSlate, Tether CEO Paolo Ardoino announced the launch of TradeFi, a new service aimed at promoting global trade through innovative financing solutions.
TradeFi expands Tether's product line, which includes stablecoins, asset tokenization, and wallet development tools. The service simplifies international trade processes by providing financing solutions that reduce costs and improve efficiency, supporting the trading of commodities such as crude oil and copper, and enabling seamless settlement using USDT.
Tether stated that blockchain technology will simplify trade processes, reduce costs, and promote financial inclusion. The launch of TradeFi follows Tether's first $45 million crude oil transaction last November, marking an important step in its strategy to support more commodities and industries.
Behind the glory of FTX lies a profound financial risk. Its parent company, Alameda Research, over-relies on the FTT token of the FTX platform, and FTT has poor liquidity and high volatility, making the platform's balance sheet extremely fragile.
In early November 2022, the media exposed Alameda's financial loopholes, and FTX's funding problems began to surface.
On November 5, 2022, Binance CEO Zhao Changpeng announced the liquidation of FTT tokens. This news caused market panic and FTX's liquidity problems were exposed. Users withdrew their funds one after another, and FTX's capital chain quickly broke.
On November 8, 2022, FTX declared bankruptcy and SBF resigned as CEO. The price of FTT tokens plummeted 96%, from $26 to $0.98, and major cryptocurrencies such as Bitcoin also suffered heavy losses. The crypto market instantly fell into panic.
$SOL In the current market situation, all the voices condemning #sol have emerged.
Indeed, the issues exposed by this incident with sol are quite serious, with mainstream infrastructure providers and scam teams colluding, cutting from big holders down to retail investors, leaving many people almost completely uprooted. This behavior is indeed a huge blow to the ecosystem.
However, at this time, many KOLs stand up to say that #meme is meaningless, that sol's rise relies entirely on memes, that #pump is all rug pulls and scams, contributing nothing to the industry, and it should be sent to zero. The development of the industry still depends on eth, and also on bsc, or even sui/apt?? I want to ask, have you forgotten the path you took, or is it that you are filled with hatred after losing to P's young general?
The meme sector did not start from sol; it has further developed and grown on sol. The reason pump has risen is that the previous memes on eth/bsc were darker and more opaque, due to other chains' high gas fees, stupid transaction mechanism flaws, and other reasons. In the end, people voted with their feet and chose sol.
#2025年的币圈春晚来啦谁是今晚的财富主角 Blindly guessing Neiro, pnut, act three illusion gods, those who see this have a chance, hurry up and buy, it's not guaranteed to make a profit.
Why is Bitcoin fundamentally different from tulips? Because the number of Bitcoin is fixed. As long as everyone is willing to accept it, its credit will be maintained. The more people accept it, the more reliable its credit will be and the higher its value will be.
Do you see it?
When it is impossible to increase the number of Bitcoin on a large scale, the premise for Bitcoin's credit to collapse is that there must be a force that makes everyone no longer trust Bitcoin, and then Bitcoin can collapse.
CCTV Finance News, on January 29 local time, the U.S. Federal Reserve concluded its two-day monetary policy meeting, announcing that it will maintain the target range for the federal funds rate at 4.25%-4.5%. This marks the first pause in interest rate cuts since the Fed began its rate-cutting cycle last September, in line with widespread expectations. At the monetary policy meeting in December last year, Fed officials anticipated that the pace of interest rate cuts in 2025 would significantly slow down, with a potential cut of 75 basis points for the entire year. However, influenced by a series of recent economic and employment data, the market expects the Fed to only cut rates once in 2025, and it is even possible that there will be no rate cuts.
$BTC When tulips were hyped, their quantity was low. Once the quantity significantly increased, they transformed from noble ladies into ordinary country girls; it's no surprise that the bubble burst.
Anything, no matter how much it is hyped, has its core value rooted in trust. Once trust is broken, the bubble will inevitably burst.
Bitcoin is fundamentally different from tulips because Bitcoin has a fixed supply. As long as people are willing to accept it, its trust will be maintained. The more people who accept it, the more reliable its trust becomes, and the higher its value.
When mentioning Microstrategy, we have to mention the company's founder Michael Saylor. He is a loyal believer in Bitcoin and has publicly declared many times that Bitcoin is digital gold and the most scarce asset in the world.
Since four years ago, under the leadership of Michael Saylor, MicroStrategy has been buying Bitcoin. For example, on November 25 last year, they spent another $5.4 billion to buy 55,500 BTC, with an average cost price of $97,862 per BTC. As of now, MicroStrategy holds the most BTC among all listed companies. The company currently holds a total value of Bitcoin of approximately $37 billion, with a P/L of $15 billion and an overall return of 68.45%.
$ETH Today, the overall trend of the intraday second contract is leaning towards a slight downward fluctuation. Since the volatility is not strong, the short-term strategy from the early morning remains basically unchanged (details can be referred to in today's daytime analysis essay).
In the early morning, we continue to watch for a downward fluctuation, with key support at the low point still referenced in the 3000-2900 range.
That's it for the early morning, we will look at it again tomorrow during the day.
#DeepSeek冲击全球算力 Reuters reported that before Nvidia issued the above statement, the company's stock price plummeted about 17% to $118.58 per share, as investors worried that the Nvidia chips used by DeepSeek were far fewer than those of American companies, but at the same time could compete with rivals like OpenAI. In addition, Nvidia's competitor Advanced Micro Devices (AMD) also saw its stock price drop more than 6% on the same day, to $115.01 per share.
The report stated that in a statement on the 27th, Nvidia said, "DeepSeek's performance demonstrates how to leverage technology to create new models, (that is, how to) create new models using widely available models and fully compliant with export controls computing."
The end of the trend callback is relatively easy to judge, that is, the trend returns to the original direction, which means the callback is over. You can use indicators, K-line combinations, moving averages, etc. to assist in judgment. I believe you must have your own standards. But I think the key is not how to judge the end of the trend callback, but to judge whether the trend is normal at the end of the callback. Is it a normal adjustment, or has the trend been destroyed? Don't think about copying at the lowest point, selling at the highest point, giving up part of the profit, and waiting for the adjustment to end. If you find that the trend has not been destroyed and it is a normal adjustment, you can continue to make orders in the original direction. If the original trend has been destroyed, you need to re-analyze it.
The easiest way for a novice to enter the cryptocurrency circle! The most stable! The safest way is to keep investing in BNB during the bear market, put the BNB you bought directly into the pool for staking, take it out every time a new issue is issued, and continue to stake after the issue is issued, waiting for the bull market, one fish three meals, and the bear market exchange rate is low, one fish four meals! In one cycle, it is no problem to quadruple the comprehensive income. There is no need to ask any experts, look at any indicators, or analyze any hot sectors.