Recently, due to negative publicity surrounding the Meme coin scandal, Solana's price has faced significant pressure, with a decline of as much as 36% over the past month. As of February 24, 2025, the current price of SOL is $158.44, with a 24-hour trading volume of approximately 2,682,880. Recent price fluctuations have been considerable, with the recent high and low points hovering between $155.38 and $169.69.
Key Technical Indicators 1. RSI Indicator (6, 12, 14): 26.72, 31.28, and 32.85 respectively, all below 50, indicating clear bearish momentum. 2. StochRSI (14): The value is 27.89/30.40, suggesting the market is in an oversold state, with a potential for a rebound. 3. MACD: The value is -12.45, indicating a bearish crossover, further confirming strong downward momentum in the short term. 4. Fibonacci Levels: - Pivot Point: $178.68 - Resistance Levels: $193.73 (R1), $203.02 (R2), $218.07 (R3) - Support Levels: $163.63 (S1), $154.34 (S2), $139.29 (S3)
Trading Ideas Bullish: - Entry Point: It is recommended to consider going long around $155 (Fibonacci support level S1). - Target Price: The primary target is $178.68 (Fibonacci pivot point), followed by a potential challenge towards $193.73 (R1). - Strategy: Establish a long position while setting a stop-loss below $150 to manage downside risk.
Bearish: - Entry Point: If the price drops below $155, consider going short. - Target Price: The target is set at the support level of $120. - Strategy: Establish a short position, with a stop-loss set above $170 to mitigate rebound risk.
XRP is currently trading at $2.46, down 4.53% during the regular trading session. The price has been volatile, with a high volume of 170,569,109.00, indicating high market participation. Fibonacci levels show that resistance is at $2.788, while support is at $2.510, both of which are critical to watching for price reversals.
Technical Indicators and Market Sentiment Analysis
1. RSI (14): 43.94 - Analysis: The RSI is in the lower range, but has not yet entered the oversold state. If buying strengthens, a reversal is possible.
2. MACD: -0.03 - Analysis: The MACD is slightly negative, indicating bearish momentum in the short term, but the signal line is approaching a crossover of the MACD line, which may indicate a bullish divergence.
3. Bollinger Bands: - Analysis: The price is currently near the lower band of the Bollinger Band, suggesting that it may be undervalued; if the support is solid, it is expected to rebound.
Trading strategies and suggestions 1. Short-term scalping strategy - Trading ideas: Scalp trading between the Fibonacci support level of $2.510 and the resistance level of $2.788, and use short-term small fluctuations to make profits. 2. Band trading strategy - Trading ideas: For medium-term traders, wait for the price to break through $2.75 before entering the market, and the target can be set at $3.40, but considering the current bearish momentum, this strategy is risky.
Risk management 1. Stop loss setting: It is recommended to set the stop loss at $2.424 (Fibonacci support level S1) to limit downside risks. 2. Take profit suggestions: For short-term traders, consider taking profits at $2.788 (Fibonacci resistance level R1).
Currently, the trading price of Ethereum (ETH) is $2,679.02, with a 24-hour trading volume of $725,307.79, and the price has decreased by 4.577% during the regular trading period. From the price chart, ETH is at a critical technical juncture, with recent trends showing some uncertainty.
Technical Indicators and Levels 1. RSI (14): 48.63 - Analysis: The value is close to the neutral zone, indicating that it has not yet entered an oversold state, but if selling pressure increases, it may continue to decline. 2. MACD: -70.89 - Analysis: The MACD line is below the signal line, indicating strong bearish momentum in the short term.
The current price is testing the first resistance level R1 (2,826.2070). If the price breaks through R1, it could initiate a bullish trend.
Trading Strategy Recommendations 1. Bullish Signal: - Entry Conditions: Wait for the ETH price to break above R1 (2,826.2070). - Target Price: R2 (2,885.6560) and R3 (2,981.8820). - Stop Loss Setting: It is recommended to set the stop-loss below S1 (2,633.7560) to control risk.
2. Bearish Signal: - Entry Conditions: If the ETH price fails to break R1 and instead consolidates below this level, consider shorting. - Target Price: The target is S2 (2,574.3070). - Stop Loss Setting: It is recommended to set the stop-loss above R2 (2,885.6560).
BNB is currently trading at 638.21, slightly down from its recent highs. The current price is testing the lower edge of the Fibonacci retracement level, with the key pivot at 658.2750. Recent price action shows a potential bullish divergence, with both the StochRSI and MACD histogram providing this signal.
Technical Indicators
1. RSI (14): 50.71, in neutral territory.
2. StochRSI (14,14,3,3): 40.99, showing a bullish divergence, indicating a possible price reversal.
3. MACD (12,26,9): With a value of 1.32, the MACD line is crossing above the signal line, indicating a strengthening of upward momentum.
Fibonacci Retracement Levels The key levels are as follows: - Pivot: 658.2750 - R1: 679.8160 - S1: 636.7340 - R2: 693.1240 - S2: 623.4260 - R3: 714.6650 - S3: 601.8850
The current price is testing the S1 level (636.7340). If the price falls below this level, it may continue to fall to S2 (623.4260); on the contrary, if it gets support in this area and rebounds, it is expected to move towards R1 (679.8160).
Volume Analysis The recent volume is 131,801.73, which is at a medium level, indicating that the market trading activity is moderate. Combined with the current price trend, the market may be brewing a wave of breakthrough or downward trend.
Trading strategy recommendations 1. Long strategy - Entry: When the price stands above the S1 level (636.7340), enter the market to go long. - Target price: R1 level (679.8160). - Stop loss: Set below the S2 level (623.4260) to prevent further downside risk.
2. Short strategy - Entry: If the price falls below the S2 level (623.4260), consider entering the market to go short. - Target price: S3 level (601.8850). - Stop loss: Set above the S1 level (636.7340) to control risk.
3. Straddle strategy - Buy call option: The strike price is set at the R1 level (679.8160). - Sell put option: The strike price is set at the S2 level (623.4260). This strategy is suitable for situations where the market is expected to experience large fluctuations, but the direction is uncertain.
As of February 24, 2025, the Bitcoin price is $95,677.99, down about 0.461%. The current price is consolidating between $95,000 and $100,000, indicating a sideways trend. The 50-day moving average plays a key role, providing support at $92,000 and forming resistance at $100,000.
Key technical indicators and levels
Support levels:
- $92,000: 50-day moving average support
- $90,000: Psychological support
Resistance levels:
- $100,000: Psychological resistance key point
- $110,000: Upper limit of the current consolidation range
The relative strength index (RSI) is currently at 50, indicating neutral market sentiment; if the RSI crosses 60, it may indicate an upward trend.
Fundamental and market sentiment analysis Bullish signal: According to Santiment data, there are several positive indicators in the market: - The average wallet return rate is -2.9%, indicating that it is currently in the accumulation stage; - The healthy level of long-term unused assets suggests that older coins are beginning to circulate, which often indicates a potential rally; - The exchange holdings are low, accounting for only 7.6%, a significant decrease from 9.9% six months ago, indicating that market liquidity is tightening.
Trading strategy recommendations Long strategy: - Entry point: $92,000 (based on 50-day moving average support) - Stop loss: $90,000 - Take profit: $110,000 (upper limit of consolidation range) Strategy logic: If the price breaks through $100,000, it may trigger an uptrend and extend to $110,000. The long strategy has profit potential with the support of improved wallet data and market sentiment.
Short-term short-selling strategy: - Entry point: $100,000 (key resistance level) - Stop loss: $102,000 - Take profit: $95,000 Strategy logic: If Bitcoin cannot effectively break through $100,000, the market may experience a short-term correction. At this time, a short-term short-selling strategy can be considered, and close risk management is required.
As of February 23, 2025, the price of Solana (SOL) is $169.22. The recent price trend has been downward, forming gradually lower highs and lows. However, the price is currently approaching a key support level of $169.01, which has been strong in recent trading.
In terms of technical indicators, SOL's RSI values are 33.30 (6 periods), 34.36 (12 periods), and 35.51 (14 periods), all below 50, indicating oversold conditions; StochRSI (14 periods) is 32.84, which is also at a low level, suggesting that there may be buying opportunities in the market. The MACD indicator is -11.93, and the histogram shows -1.54. Although it currently shows bearish momentum, there are signs of potential reversal. Fibonacci retracement levels show that the pivot point is at $181.625, resistance is at $198.609, and support is at $164.641. The price is currently testing the lower end of the Fibonacci retracement range. Once it rebounds from the current support, the target can be set at $181.625.
In recent news, Solana has been affected by the scandal surrounding meme coins, including the 90% plunge of the $LIBRA token supported by the Argentine president. This incident caused the price of SOL to fall by 36% in the past month. On the other hand, Coinbase has submitted an application to launch SOL futures contracts, and there are rumors of an upcoming SOL ETF. These developments are expected to attract institutional investors and drive prices up. At the same time, the Solana ecosystem continues to attract developers in the fields of AI infrastructure and meme coins, driving transaction volume and ecological growth.
On-chain data shows that Solana's total locked volume (TVL) has reached a record high, and on-chain revenue has reached $5.9 million, indicating strong network application utility. In terms of market sentiment, although institutional investors continue to increase their holdings of SOL, retail investors' holdings are showing a decreasing trend; in addition, the Trump administration's positive attitude towards cryptocurrencies may also provide additional support for SOL.
Based on the above analysis, the recommended trading strategies are as follows:
Long strategy: - Entry: You can enter the market at the current price of $169.22, and set the stop loss at the Fibonacci support level of $164.641. - Target: The first target is the Fibonacci pivot level of $181.625, and the second target is the resistance level of $198.609. - Reason: Indicators such as RSI show oversold, prices are close to key support, and futures and ETF news are expected to become catalysts.
As of February 23, 2025, the price of Binance Coin (BNB) is $656.29. From a technical indicator perspective, BNB is currently showing a neutral trend, with an RSI of 54.27, indicating neither overbought nor oversold; the MACD is slightly bullish, with a value of 2.09; while the Bollinger Bands show that the price is at the lower end of the volatility range, suggesting it may be undervalued.
According to Fibonacci levels, the key points for BNB are as follows:
Pivot Point: $658.72 Resistance Levels: R1 is $680.26, R2 is $693.57 Support Levels: S1 is $637.18, S2 is $623.88
In recent news, Binance Square has launched the Trader Profiles feature, which aims to enhance transparency and credibility by allowing users to share their portfolios and performance data. This move is expected to boost user engagement on the platform, which is positive for BNB. Meanwhile, Binance is facing a judicial investigation in France regarding money laundering and tax fraud, which may pose a short-term disadvantage for BNB since regulatory pressure often dampens investor sentiment.
In terms of market sentiment, analysts have differing views on BNB's short-term movement. Some are optimistic about a price breakout above $670, while others caution that prices may retrace to around $600. Currently, the overall market sentiment remains cautious but resilient.
Based on the analysis above, the following trading strategies can be considered:
Bullish Strategy Entry Range: $650 to $656 Target Price: $670 to $680 Stop Loss: Set below $643 Reason: BNB is currently above the 50-day moving average, and if it breaks above $670, it may initiate a strong upward rally.
Bearish Strategy Entry Condition: Price falls below $643 Target Price: $624 to $600 Stop Loss: Set above $658 Reason: If it breaks the key support level of $643, it may trigger a deeper correction, targeting a strong support area.
Range Short-Term Trading Recommendation to buy near $635 and sell near $665 Stop Loss: Set below $625 Reason: During a consolidation period, short-term arbitrage operations can yield profits through range fluctuations.
Overall, BNB is at a critical juncture, with the potential for a bullish breakout as well as the risk of a bearish retracement. Traders should closely monitor key levels ($643 and $670) to assess future price movements.
As of February 23, 2025, XRP is trading at $2.561, with a 24-hour turnover of $83,649,533. The recent price has fallen slightly by 1.036%, reflecting the current cautious sentiment in the market.
In terms of the regulatory environment, the SEC lawsuit against Ripple is still an important factor, but the new pro-cryptocurrency government under President Trump has brought a more relaxed regulatory atmosphere to the market, and the SEC has also begun to recognize the need to formulate clearer cryptocurrency regulations. In addition, pro-cryptocurrency figures such as Paul Atkins have been appointed as SEC Chairman, which is expected to further ease the regulatory pressure on XRP.
In terms of product development, Ripple recently launched the stablecoin Ripple USD (RLUSD), which is fully backed by US dollars and government bonds, aiming to enhance the application scenarios of XRP Ledger and promote the adoption of institutional investors. At the same time, some asset management institutions have submitted applications to the SEC for spot XRP ETFs. If approved, they will provide institutional investors with a more convenient entry channel, thereby greatly boosting the market demand for XRP.
In terms of technical analysis, XRP is currently consolidating in the range of $2.54 to $2.61, with an RSI index of 50, indicating that the market is in a neutral state; the MACD indicator is slightly below the signal line, suggesting that there may be some bearish divergence in the short term. It is worth noting that XRP's price has risen by 400% in the past three months. Although it shows the market's optimistic expectations for its application prospects and regulatory clarity, it also raises concerns about possible callback risks.
In terms of trading strategies, the following ideas can be considered:
Bullish strategy: When the price breaks through the $2.65 resistance level and the trading volume is significantly enlarged, it can be used as an entry signal. The short-term target price can be set at $2.85, and then chased to $3.10. To control risks, it is recommended to set the stop loss below $2.50.
Bearish strategy: If the XRP price falls below the $2.50 support level, consider shorting. The first target is $2.30, followed by $2.10. The stop loss should be set above $2.60 to prevent losses from unexpected rebounds.
Range trading strategy: During price consolidation, traders can also use range fluctuations to operate, that is, buy at $2.54 and sell at $2.61.
As of February 23, 2025, the price of Ethereum (ETH) is $2,804.29, having increased by 2.608% in the past 24 hours. On-chain data shows that institutional activity is on the rise, indicating that ETH is expected to break through key resistance levels, thereby strengthening the market.
One of the bullish factors in the market is the upcoming Ethereum staking ETF, such as the 21Shares Core Ethereum ETF, which has been submitted to the SEC for approval. These types of ETFs not only help investors earn staking rewards but may also significantly increase market demand for ETH. Additionally, the Ethereum Foundation's initiative to put ETH into DeFi protocols (like Aave and Compound) also supports the long-term growth of the ecosystem.
In terms of technical analysis, the weekly chart of ETH/BTC shows a bullish divergence pattern, which typically indicates a strong upward trend in the future. Key resistance levels are between $3,000 and $3,500. If the price can effectively break through these levels, the market may experience a noticeable rally.
On-chain data indicates that on February 6, approximately 300,000 ETH (roughly $817 million) flowed out of derivatives exchanges, reflecting a decrease in market selling pressure, and some institutions may be quietly accumulating assets. Institutional investors, including BlackRock and Cumberland, continue to increase their holdings of ETH, with BlackRock's total ETH assets exceeding $3.7 billion, showing increasing confidence in the asset.
Additionally, the Pectra upgrade, expected to launch in March, aims to improve Ethereum's scalability and reduce transaction fees. This technical improvement is likely to further boost market sentiment and provide additional support for ETH prices.
According to analysis from 10x Research, in the context of policy support (such as the repeal of SAB 121) and stablecoin inflows, ETH could achieve an increase of up to 20% in the short term. Based on this assessment, the following trading strategies can be considered:
Bullish Strategy: Enter the market when the price breaks through $3,000 with significant volume increase, with a short-term target price of $3,500 and a mid-term target price set at $4,000. A stop-loss is recommended to be set below $2,650.
Short-term Tactical Trade: Enter the market at the current price level of approximately $2,804, with a stop-loss set at 5% below the entry price, targeting a price level of approximately $3,360, consistent with the expected 20% increase.
As of February 23, 2025, the current price of Bitcoin (BTC) is $96,113.82, down slightly by 0.483% from the previous trading period, with a trading volume of 9364.53, showing a medium level of trading activity. From a technical point of view, BTC is currently in a bearish-dominated phase. The RSI indicator shows that RSI (14) is 45.99 and RSI (12) is 45.78, indicating that although it has not yet entered the oversold zone, the market is under certain selling pressure. At the same time, the MACD line is -784.43, which is lower than the signal line -852.30, which further confirms the downward trend.
In addition, the Stochastic RSI (14,3,3) value is 49.67, suggesting that there may be signs of oversold, while the Stochastic D (14,3,3) is 54.08, showing a potential bullish divergence, which provides traders with different operating angles.
From the perspective of Fibonacci retracement levels, the key support and resistance levels of BTC are: - Pivot point: $96,515.14 - First resistance level (R1): $98,840.34 - First support level (S1): $94,189.94 - Second resistance level (R2): $100,276.85 - Second support level (S2): $92,275.43
Based on the above data, the following trading strategies can be considered at present:
Breakout strategy: - Entry: Consider entering the market when the price breaks through the pivot point of $96,515.14 and the Stochastic RSI crosses 50. - Target price: $98,840.34 (R1 position) - Stop loss: set below $94,189.94 (S1 position).
Mean reversion strategy: - Entry: If the price drops to $94,189.94 (S1), pay attention to the opportunity to rebound to the pivot point. - Target price: $96,515.14 (pivot point) - Stop loss: set below $92,275.43 (S2 position).
Range trading strategy: - Entry: Buy at $94,189.94 (S1) and sell when the price rebounds to $98,840.34 (R1). - Stop loss: can be set as a trailing stop below S1.
$BTC The market is relatively stable over the weekend, and it is currently trading in a narrow range, fluctuating around 96,000. The range has not yet expanded significantly, and the lower support level is still around 95,000.
$ETH Ethereum's trend is eye-catching, and it has emerged from an independent trend due to the large-scale purchase of Bybit platform to make up for the previous stolen gap. The current focus is on the breakthrough near the previous high of 2850, because many previous attempts have failed.
Under the impact of the news, the market showed a downward trend. It is worth noting that USDe under $ENA maintains in-depth cooperation with Bybit, and currently 20% of funds are arbitraging on the Bybit platform. Recently, USDe has also experienced a slight decoupling phenomenon. Investors holding $ENA are advised to increase their risk awareness and operate with caution. #山寨季來了?
As of February 22, 2025, Solana ($SOL ) is trading at $172.25. In the past 24 hours, its price has fluctuated between $167.15 and $180.52, with a trading volume of about 4.1 million. The relative strength index (RSI) is currently at 35.33, showing that the asset is in oversold territory, which may indicate a potential buying opportunity. However, the MACD indicator is showing a bearish signal - the MACD line is -12.04 and the signal line is -2.04, indicating that the downward trend is still in place.
From the Fibonacci analysis, the key pivot point of $SOL is located at $182.36, and the resistance levels are $199.35 and $209.84 respectively, while the support levels appear near $165.38 and $154.89. The current price is below the pivot point and may face strong resistance if it attempts to break out of the existing range.
Although Solana's fundamentals and ecosystem growth prospects are promising, current technical indicators are still bearish. Investors should wait for clearer bullish signals or price breakthroughs before entering the market. #山寨季來了?
$BTC Yesterday, it encountered resistance in the 98800-99500 range. The overall trend was in line with expectations. In addition, due to the impact of the news, the decline exceeded 4,000 points. From the four-hour chart, the price fell sharply last night due to a large amount of selling. Although it has fallen below the recent support level, it has not fallen below the recent shock lower edge. Given that the market volatility is relatively mild over the weekend, the current trading range that can be paid attention to is around 95000-97500.
$ETH Ethereum encountered pressure around 2850, with a decline of more than 200 points. Overall, it is currently in the process of slow callback recovery. The short-term support level is around 2600, while the pressure level is in the 2730-2760 area.
Market sentiment and risk warning The impact of the current news has made the market sentiment cautious. It is expected that the overall market will be dominated by bottom shock repair over the weekend. Please note that the market changes rapidly. Please pay close attention to the market dynamics during actual transactions and be sure to do a good job of risk control. #SEC质押
The current price of $XRP is around $2.53. If the price can break through the key point of $2.80, it may start a wave of rise; but if it falls below $2.42, it may turn downward.
From the practical application point of view, XRP is becoming more and more popular in cross-border payments. Many large banks (such as Santander and JPMorgan) are already using it to process international payments, with daily transactions reaching more than $5 billion.
In addition, the US regulator SEC is reviewing the XRP ETF application submitted by Grayscale and is expected to make a decision on October 18, 2025. If this application is approved, it may attract more institutional investors and further promote the upward movement of XRP.
For short-term traders, you can consider buying at around $2.66, with a target price of $3 and a stop loss of $2.40; while long-term investors can choose to build positions in batches when the price pulls back.