White Sugar Today's Analysis—2025.3.1$BTC Market Overview As of February 28, 2025, the price of Bitcoin (BTC) is $80,244, with a 24-hour decline of 7.36%, showing a strong retracement trend. Meanwhile, Ethereum (ETH) is priced at $2,130.33, with a drop of up to 10.06%, putting overall pressure on the market.
Core Drivers of Market Decline
Macroeconomic and Policy Environment The U.S. government has restarted tariff policies, increasing market uncertainty, leading to heightened risk-averse sentiment among investors and causing a pullback in the crypto market. The strengthening U.S. dollar index has also put pressure on Bitcoin. Additionally, the Federal Reserve's interest rate hike cycle has not yet ended, and market expectations for liquidity easing have decreased, further suppressing crypto assets. Market Sentiment and On-chain Data Recently, market expectations for regulatory easing have failed, resulting in insufficient investor confidence. On-chain data indicates that long-term holders are reducing their positions while short-term holders are panic selling, exacerbating market volatility. On the other hand, North Korean hacker groups are increasingly frequent in their cryptocurrency attacks, stealing large amounts of crypto assets through ransomware and cyberattacks, further increasing market uncertainty. Technical Analysis
Bitcoin (BTC): The current price is near $80,000; if the support level of $73,800 is breached, it may further decline to $69,500. If market sentiment improves, the target price is $85,000. Ethereum (ETH): After ETH broke below the support level of $2,200, it is expected to further drop to $1,900. There is strong buying support at $1,700; if it stabilizes, consider accumulating in batches. Trading Strategy and Risk Management
I hold a cautiously optimistic view of the market, believing that if ETH retraces to around $1,700, it is a relatively robust buying opportunity. Bitcoin should pay attention to the support zone at $73,800. Given the high market volatility, it is advisable to set strict stop-loss levels, control risk, and patiently wait for the best entry opportunity.
Summary The current market is influenced by multiple factors, including the macro economy, market sentiment, technical pullbacks, and cyberattacks. In the short term, the market may continue to oscillate while awaiting more macro guidance. I will focus on the $1,700 support for Ethereum and the $73,800 support level for Bitcoin, reasonably control positions, and conduct flexible operations. $ETH #朝鲜黑客 #ETH
Analysis of today's white sugar market - February 22, 2025 Personal opinion, no investment recommendation Background events: On February 21, 2025, Bybit had a technical failure, which caused the trading pairs to be unable to trade normally, the currency prices were not updated in time, and some accounts experienced abnormal fluctuations. This incident caused market panic, resulting in a short-term retracement of Bitcoin and Ethereum prices.
Impact of the incident: Market sentiment panic: Technical failures caused investors to panic, failed to trade or stop losses in time, and aggravated market uncertainty. Fund outflow: Funds flowed to gold and the US dollar, reflecting investors' risk aversion. Reputation loss: The failure affected the reputation of the Bybit platform, and some investors began to turn to other exchanges. Market review: Before the incident, Bitcoin (BTC) fluctuated around $95,000-96,000, and Ethereum (ETH) remained in the $2,600-2,700 range. After the incident, Bitcoin fell to a minimum of $94,000 and ETH fell to around $2,650.
Technical analysis: Bitcoin (BTC): Support level: $94,000, if it falls below, the support level is $92,000. Resistance level: $96,000, after breaking through, it can look to $98,000. Ethereum (ETH): Support level: $2,650, if it falls below, the support level is $2,550. Resistance level: $2,700, after breaking through, it may rise to $2,800. Outlook: Short-term uncertainty: The market is still affected by platform stability and sentiment fluctuations, which may increase short-term risks. Fund liquidity risk: Some funds may flow to other more stable platforms, and liquidity risks will increase. Long-term view: The fundamentals are still strong, and technological innovation and institutional funds will provide support for the market. Investment advice: Short-term investors: Be cautious and pay close attention to support and resistance levels. Long-term investors: You can deploy Bitcoin and Ethereum in batches, but you need to adjust your strategy flexibly. I am currently bearish, the limit price is 2135, buy at 2105, cover the position, and take the pin #bybit被盗 #BTC走势分析 #eth $BTC $ETH
2025.2.2 White Sugar WEB4199618009#3Market Analysis As of 10:00 am on February 2, 2025, China time, the price of Bitcoin (BTC) fell to $100,943, down about 4% from yesterday's high. At the same time, Ethereum (ETH) also pulled back to $3,140.4, down about 3%. One of the main reasons for this wave of declines is the decline in market sentiment and the recent reduction of positions by some institutional investors, especially large institutions such as BlackRock are suspected of reducing their holdings of some crypto assets through market transactions. 632325399342835070078586427230684
From the perspective of trading volume, the recent trading volume of Bitcoin and Ethereum has been significantly enlarged, and the price has fluctuated greatly, which may indicate that these institutions are accelerating shipments, especially after the price of Bitcoin broke through the historical high. Although the reduction of positions by institutions such as BlackRock usually does not have a fatal impact on the market in the short term, it may trigger fluctuations in market sentiment, especially short-term price fluctuations.
In addition, other mainstream currencies such as BNB and Solana (SOL) have also experienced similar pullbacks, falling by 2.5% and 3% respectively. The crypto market is currently facing strong selling pressure, and the overall market sentiment is relatively cautious.
Investors need to pay attention to the next few key support levels, especially whether Bitcoin and Ethereum can stabilize in these support ranges during the pullback process. The current high volatility market needs to remain vigilant and pay close attention to changes in trading volume and the movements of large institutions. Cleared positions yesterday and waited and watched! Do less and watch more!
As of February 1, 2025, Bitcoin (BTC) and Ethereum (ETH)
Bitcoin (BTC) analysis:
The current price of Bitcoin is about $104,689, down 0.38% from the previous trading day. The intraday high was $105,939 and the low was $103,907, showing the volatility of the market. Recently, the price of Bitcoin has fluctuated between $28,000 and $30,000, failing to break through the key pressure level of $30,000, and market sentiment has fallen. Technically, Bitcoin has approached $30,000 many times, but failed to break through successfully, and the support level is mainly concentrated around $28,000. If the price falls below this support, it may trigger a pullback, or even drop to the support range of $27,000. Expectations of global economic recovery and Bitcoin's role as "digital gold" may provide support for it, but changes in regulatory policies remain an uncertain factor in the market.
Ethereum (ETH) Analysis:
The current price of Ethereum is about $3,384.53, up 3.72% from the previous trading day. The intraday high price is $3,427.71 and the low price is $3,215.60, showing the market's activity. Recently, the price of Ethereum has broken through $1,900 and is close to the psychological mark of $2,000, showing a strong upward momentum. From a technical point of view, breaking through $2,000 is of great significance. If it successfully stands at this position, it may further push the price to challenge $2,200 or even $2,400. The successful upgrade of Ethereum 2.0 has improved the efficiency of network transactions and enhanced its competitiveness in the field of smart contracts and decentralized applications (dApps). However, the network's "gas fee" problem and regulatory risks still need attention.
Market risks and investment strategies:
Both Bitcoin and Ethereum face risks such as market volatility and changes in regulatory policies. Investors should adopt prudent investment strategies, avoid excessive concentration of assets, set up risk control measures such as stop-profit and stop-loss, pay close attention to changes in the global economic and policy environment, and adjust investment portfolios in a timely manner to cope with market fluctuations.
Conclusion:
Overall, the market performance of Bitcoin and Ethereum in early 2025 is somewhat differentiated. Bitcoin has shown strong support in the shock consolidation, but it still faces multiple risk challenges;
Today's personal thoughts are not for investment reference suggestions. q7q1q8 Yesterday, BTC fluctuated between a high of $67102.01 and a low of $65111, limited to a range of $65062.17 to $67613.6. Current status: Today's early data shows that BTC has faced downward pressure from the resistance level of 64800. Key support level: $64000, with a further correction of $62500. Key resistance level: Today's resistance level has shifted to $67500 to $64300. (Maybe there will be a V-turn) Current price range: BTC fluctuates between $63800 and $65600, with $65000 as the dividing line. Daily indicators: 60% bullish, 40% bearish. Long-short ratio: 1.45, indicating a balanced market. Market sentiment: slightly bearish, with long positions accounting for 48.9% and short positions accounting for 51.1%, indicating that shorts have a slight advantageq7q1q8 Funding rate: between 0.0069% and 0.0129%, indicating stronger bullish sentiment. Open interest: $354 billion, down 1.39% from yesterday, consolidating. Fear and Greed Index: 69 (greed), turnover rate is 12%, indicating moderate bullish sentiment. Downside risk: A break below the $62,500 support range could open the way to the $60,000 level. Upside potential: Upside is currently limited by short-term resistance; an effective breakthrough is needed to target $72,900 Macro: US July S&P;P global manufacturing PMI is lower than the previous value and expectations, while the service industry PMI exceeds the previous value and expectations, and the composite PMI climbs, slightly reducing the probability of a rate cut, but the impact is not significantq7q1q8
Daily analysis of white sugar market: My personal thoughts today are not for investment reference Yesterday, BTC fluctuated between a high of $67,102.01 and a low of $65,111, limited to a range of $65,062.17 to $67,613.6. Current status: Today's early data shows that BTC has faced downward pressure from the resistance level of $64,800. Key support level: $64,000, with a possible further correction of $62,500. Key resistance level: Today's resistance level has shifted to $67,500 to $64,300. (Maybe there will be a V-turn) Current price range: BTC fluctuates between $63,800 and $65,600, with $65,000 as the dividing line. Daily indicators: 60% bullish, 40% bearish. Long-short ratio: 1.45, indicating a balanced market. Market sentiment: slightly bearish, with long positions accounting for 48.9% and short positions accounting for 51.1%, indicating that shorts have a slight advantage. Funding rate: between 0.0069% and 0.0129%, indicating stronger bullish sentiment. Open interest: $354 billion, down 1.39% from yesterday, consolidating. Fear and Greed Index: 69 (greed), turnover rate is 12%, indicating moderate bullish sentiment. Downside risk: A break below the $62,500 support range could open the way to the $60,000 level. Upside potential: Upside is currently limited by short-term resistance; an effective breakthrough is needed to target $72,900. Macro: US July S&P; P global manufacturing PMI is lower than the previous value and expectations, while the service industry PMI exceeds the previous value and expectations, and the composite PMI climbs, slightly reducing the probability of a rate cut, but the impact is not significant
Daily analysis of white sugar market: My personal thoughts today are not for investment reference Yesterday, BTC fluctuated between a high of $67,102.01 and a low of $65,111, limited to a range of $65,062.17 to $67,613.6. Current status: Today's early data shows that BTC has faced downward pressure from the resistance level of $64,800. Key support level: $64,000, with a possible further correction of $62,500. Key resistance level: Today's resistance level has shifted to $67,500 to $64,300. (Maybe there will be a V-turn) Current price range: BTC fluctuates between $63,800 and $65,600, with $65,000 as the dividing line. Daily indicators: 60% bullish, 40% bearish. Long-short ratio: 1.45, indicating a balanced market. Market sentiment: slightly bearish, with long positions accounting for 48.9% and short positions accounting for 51.1%, indicating that shorts have a slight advantage. Funding rate: between 0.0069% and 0.0129%, indicating stronger bullish sentiment. Open interest: $354 billion, down 1.39% from yesterday, consolidating. Fear and Greed Index: 69 (greed), turnover rate is 12%, indicating moderate bullish sentiment. Downside risk: A break below the $62,500 support range could open the way to the $60,000 level. Upside potential: Upside is currently limited by short-term resistance; an effective breakthrough is needed to target $72,900. Macro: US July S&P; P global manufacturing PMI is lower than the previous value and expectations, while the service industry PMI exceeds the previous value and expectations, and the composite PMI climbs, slightly reducing the probability of a rate cut, but the impact is not significant
Sugar daily market analysis: BTC is still in a medium-term bullish shock and may pull back to $65,000 ($64,800-62,500). Yesterday, BTC pulled back to $65,441, close to this support area. (Yesterday's area of around 65,200 was also in line with expectations) Current status: This morning, BTC fluctuated between the support level of $65,000 and the resistance level of $67,600. Key support level: 64,800-62,500 Key resistance level: 72,500 Current price range: BTC is expected to fluctuate between $65,100 and $67,600 in the short term, and the resistance level is $67,613, which may limit the upward trend. Daily indicators: 60% bullish, 40% bearish. Long-short ratio: 1.37, slightly bullish advantage Market sentiment: Long positions account for 48.5%, short positions account for 51.5%, slightly bearish, alternating frequently Downside risk: A break below the $64,800 to $62,500 support range could open the way to the $60,000 level, but the range currently appears limited. Upside potential: The continued momentum above $65,000 makes it possible for BTC to break through to $72,500, opening up further upside potential. News: At 21:30 (UTC+ 8) last night, the first ETH ETF began trading, with trading volume exceeding $10 billion, with Grayscale accounting for nearly half and BlackRock accounting for 24%. However, the initial impact on the market was not as great as expected. The first-day trading volume was only 23% of the BTC ETF. The current net outflows of these ETFs need to be watched to understand the future impact on the market
Sugar daily point analysis: BTC is supported at the $63,000 daily capital flow support level, and subsequent analysis also confirmed this support. BTC surged to $68,000 after breaking through the $66,000 mid-term pivot point over the weekend. BTC has strong momentum and is likely to expand to $73,000. Support level: $62,500~$64,800. Resistance level: $72,900~$73,100. Current price range: BTC is expected to be mainly in the support range of $62,500 to $64,800 and the resistance range of $72,900 to $73,000, so long and short give everyone a good range of space. Daily indicator: 100% bullish, 0% bearish. Long-short ratio: 0.99, slightly bullish advantage. Market atmosphere: 50.1% long positions and 49.9% short positions, relatively balanced, alternating frequently. Open interest: $371.6 billion, up 10% from Friday, indicating increasing market participation. Fear and Greed Index: 74 (Greed), with a turnover rate of 11%, indicating bullish sentiment Downside risk: If BTC pulls back, it is expected to find support between $62,500 and $64,800. A break below this range could signal a shift from a bullish phase to a correction phase. Upside potential: Sustained momentum above $66,000 could open up further upside potential for BTC. Macro: 1. President Biden's withdrawal from the campaign indirectly boosted the prospects of former President Trump. Given Trump's positive stance on cryptocurrencies, this development has a positive impact on the crypto market. 2. Israel launched an airstrike on the Houthis in Yemen, and the Houthis subsequently threatened to escalate their attacks on Israel. These developments suggest that if Trump is re-elected, tensions in the Middle East will increase, which could affect global markets, including cryptocurrencies