Everyone take a look: Binance's Launchpad and Launchpool projects have seen a sharp decline in prices. The market is very difficult if you enter at the wrong time, your account could be halved multiple times. But don't worry, the market's growth period has returned.
We need a stable profit of 0.3% per day to reach 200K by the end of the year. This is still a feasible goal, but over time, this possibility will decrease.
📊 LATEST UPDATE: Bitcoin futures contracts rebound strongly, while Ethereum and Solana remain in a tug-of-war.
The trading volume of BTC futures contracts has increased by 32% since February 23, reaching 57 billion USD—still far from the peak of 74 billion USD achieved in December.
Currently, BTC is undergoing a healthy adjustment after the recovery on February 3rd and has reached the Fib 0.618 level. The 0.618 - 0.786 Fib area is a crucial zone where BTC could recover or reverse.
If it cannot hold this zone, BTC risks creating a new low this year 📉
Bitcoin ($BTC ) has broken the descending trend line and is currently in the phase of retesting the recently formed support zone. This is an important development; if maintained, it could confirm the next upward trend.