On March 7, #比特币政策转变 3, Trump signed an executive order to officially establish a strategic Bitcoin reserve, marking the first time the United States has included cryptocurrency in its national reserves. According to the order, the Treasury Department will manage the Bitcoin held by the federal government, primarily sourced from confiscations, and the government will not purchase additional Bitcoin. Following the announcement, the price dropped over 5%.
$BTC Today I am a negative example; I opened a position recklessly. Controlling emotions is the most important thing. Not strictly following the strategy when opening positions can lead to being trapped like I am 😓. Generally, when encountering this situation, you either directly cut losses and wait for another opportunity to enter, or you lower the forced liquidation line and hold on until a larger cycle rebound. I cut my losses at 84500, if it doesn't reach that, I will hold on longer. For short-term profit-taking to break even, I set the profit and loss line for profit-taking. If I hold for several days and the daily line shows a reversal, I will look towards 92000, 95000.
The number of 24,793,422,489 active users is one of the important indicators for measuring the health of cryptocurrency projects. Recent data shows that the number of active addresses for some Layer 2 projects and emerging public chains has significantly increased, indicating that their ecosystems are attracting more users. The increase in active users can not only enhance network value but may also drive up token demand.
#代币流动信号 Recent on-chain data shows that the flow signals of some tokens are worth paying attention to. For example, whale addresses transfer a large amount of BTC from exchanges to cold wallets, which is usually regarded as a signal of long-term holding and may indicate that the market bottom is gradually forming. At the same time, the capital flow of some altcoins shows that funds are flowing from old projects to new ecosystems.
#市场情绪观察 Current market sentiment is showing a divergent trend. On the one hand, mainstream currencies such as BTC and ETH are fluctuating near key support levels, and some investors believe this is a bargain hunting opportunity. On-chain data shows that whale addresses continue to increase their holdings, indicating that large funds are confident in the future market. On the other hand, the volatility of altcoins has intensified, and some projects have been sold off due to lack of substantial progress, and investors' risk appetite has declined.
#鲸鱼再次买入VIRTUAL Recent on-chain data shows that whale addresses have once again bought a large number of VIRTUAL tokens, which has attracted market attention. This behavior may be related to the improvement of project fundamentals or potential benefits, such as ecological expansion or technological upgrades. The increase in holdings by whales is usually regarded as a signal of confidence, which may attract more funds to enter the market and drive short-term price increases.
$ETH The current price of 2682 has slowly risen from the lowest price of 2614 in the morning. The upper and lower tracks of the Bollinger Bands are shrinking. Short-term operations are not suitable at present. You can wait for a callback to around 2650 to buy. For long-term operations, you can buy part of the current price, stop loss at 2600, and target 2760, 2830. You can reduce or clear your position when the above targets are reached.
#价格趋势分析 ETH's price has fluctuated greatly recently, but the overall trend is still worth paying attention to. From a technical perspective, ETH has tested the key support level of 2630 many times. If it can stand firm, it may start a new round of rebound. On-chain data shows that whale addresses continue to increase their holdings, indicating that large funds still have information on the long-term value of ETH. In addition, the gas fee has dropped to a historical low, which may attract more users to pay attention to the Ethereum ecosystem.
#链上数据洞察 On-chain data is an important reference indicator for cryptocurrency investment, which can reveal market sentiment and capital flows. Recent data shows that the number of BTC active addresses remains high, indicating high market participation, while the BCH on-chain transaction volume has increased significantly, which may indicate capital inflows. In addition, the flow of funds from whale addresses is also worthy of attention. A large amount of funds flowing from exchanges to personal wallets usually means a signal of long-term holding, while the opposite may indicate selling pressure. $BTC $BCH
The Binance wallet has been actively involved in recent events, showcasing its continued efforts in ecosystem expansion and user incentives. These activities not only enhance user engagement but also provide investors with low-cost opportunities to acquire potentially high-yield tokens. However, investors need to pay attention to the activity rules and Gas fee costs to avoid diminishing returns due to operational mistakes.
#Gas费影响 Gas fee is one of the core costs of blockchain networks such as Ethereum, which directly affects investors' transaction efficiency and returns. Recently, the gas fee has dropped to 0.692Gwei, a new low in many years. This may be a signal that the market has bottomed out. Historically, the low gas fee is often accompanied by a rebound in ETH prices. Low gas fees reduce transaction costs, which is especially beneficial for small investors who frequently operate.
#莱特币ETF The probability of Litecoin ETF approval has attracted much attention recently. Bloomberg analyst Eric Balchunas has repeatedly stated that the probability of Litecoin ETF approval is as high as 90%, and it may become the first approved altcoin ETF in 2025. The market has responded positively to this, and the price of LTC has risen steadily recently.
$LTC LTC current price 130.5, close to the middle Bollinger band, MACD indicator DIF is -1.13, DEA is -0.81, MACD is -0.32, the short-term market is in a weak state, 24-hour trading volume 2.47 million. Short-term operation suggestion: Consider short-term buying when the price approaches the lower band 124.05 and shows signs of support, with targets at 131 and 138.
In month #TradeFi革命 2, Tether's TradeFi platform was officially launched, marking a significant breakthrough for blockchain in the field of trade finance. TradeFi achieves seamless settlement through USDT, simplifying the trading process for commodities, reducing costs, and improving efficiency.
$ETH In the past week, the price of ETH has shown a volatile increase, with the current price at 2735. The most significant increase was observed yesterday, with the highest trading volume. Today appears slightly weak, and there is still some resistance at the 2772 level. We will see if it can break through this level. There is strong support at 2643 below, so short-term trading can be done in these two levels.
Recently, the topic of FTX compensation has been quite hot, as it involves a lot of investors' money. After FTX's bankruptcy, everyone is concerned about how much they can recover. According to the latest news, FTX plans to compensate at 118% of the bond amount, which sounds good, but this is based on the cryptocurrency prices at the time of bankruptcy in 2022, and prices have increased significantly since then. Therefore, some people feel they are at a loss, but getting some money back is better than nothing, especially since the bankruptcy liquidation has taken so long. Having a result can also be considered an explanation.
$BTC The recent Fed meeting is hawkish. If the interest rate is maintained at a high level, it may suppress market liquidity, causing funds to flow to safe-haven assets, and put pressure on BTC prices. In the short term, it is estimated that it will fluctuate at more than 90,000. You can buy part at 95,000, increase positions at 90,000, and stop loss at 85,000. If it can break through the 105,000 pressure level, it may open up further room for growth.
#阿根廷总统MEME币争议 Argentine President Javier Milei has recently sparked controversy by launching the Meme coin LIBRA. He announced the launch of LIBRA and disclosed the contract address on social media, causing the coin price to surge to 4.61 in a short period, with the market capitalization approaching 5 billion at one point, before plummeting 90% to 0.3, suspected insider trading profits exceeding 20 million.
$SOL Recently, due to the large amount of SOL unlocked on March 1 from the FTX auction, the number of active addresses on the Solana chain has also been decreasing, leading to short-term selling pressure. SOL has dropped quite a bit, and currently, the 160 position seems to hold steady. The current price can be a good entry point for a portion, and 135-140 can be an opportunity to add more. If it drops below 120, stop loss. Target is 200.