刺客财经

The possibility of the pancake continuing to decline may persist in short-term fluctuations 😀😀😀

【Bitcoin Plummets Below 90,000, Market Fear Index Hits Nearly 5-Month Low!】
On February 25, 2025, the cryptocurrency market faced a "Black Wednesday" — Bitcoin (BTC) fell below the $90,000 mark for the first time since mid-January, hitting a low of $88,189, with a 24-hour drop of 6.8%; Ethereum (ETH) also plummeted by 12.5%, briefly dropping below $2,300, while Solana (SOL) crashed by 15.12% to $136.5. The derivatives market went into a frenzy, with over $1.3 billion in liquidation across the network, where long positions accounted for as much as 93.6%, leaving 360,000 investors devastated.
Triggers for the Plunge: Triple Negative Resonance
​Macroeconomic Policy Shock: The Trump administration announced a national security investigation into copper imports, raising market concerns about a trade war escalation leading to a tightening of dollar liquidity; the vote on the Bitcoin investment bill in South Dakota was postponed, exacerbating sell-off due to unmet policy expectations. ​Institutional Funds Withdrawal: Bitcoin spot ETFs experienced net outflows for two consecutive weeks, with a 47% surge in open interest for CME Bitcoin futures, triggering a domino effect of collective closures in institutional arbitrage positions. ​Market Sentiment Collapse: The Fear and Greed Index plummeted from 49 to 25, marking a new low since September 2024. After breaking below the critical support level of $93,500, a vicious cycle of "drop → sell-off → accelerated drop" formed.
Key Observation Points for the Future
​Technical Aspect: If $93,500 cannot be reclaimed within 3 days, it may dip into the $70,000-$75,000 range; ​Policy Aspect: The U.S. PCE inflation data (to be released on February 26) and the Bank of Japan's interest rate hike direction will determine the dollar's trend; ​Capital Aspect: A net flow breakthrough of +2 standard deviations in exchange net flow (30-day EMA) may indicate short-term stabilization.
The current market shows a "dual slaughter" pattern, with analysts like Arthur Hayes warning to be cautious of testing the $70,000 level, while long-term bulls still hope for a target price of $200,000. Investors are advised to maintain leverage below 3 times and focus on on-chain MVRV ratio and other risk indicators.

Can BTC break 80,000 today?

Currently, the total market value share of Bitcoin is near the monthly line ma120. It was mentioned a long time ago that the probability of a successful breakthrough is not high. It is also the starting point of the bull market in the altcoin market. Therefore, the current market value share of Bitcoin is extremely unfavorable for Bitcoin. Generally speaking, whoever's market value share decreases will be in a bad state. The market value share trend of Ethereum and the price performance of Ethereum in the past two years can give us a glimpse of this. In addition, the monthly line is in a serious overbought state and needs to be adjusted. Therefore, it is expected that Bitcoin will get out of an absolutely bad market throughout this year, and the altcoin market will usher in the last wave of dividends for retail investors. There will be no more in the future, or it will be difficult, because from the market value of Bitcoin, we can see that after this round of altcoin bull market ends, it will soon enter the end of the triangle structure, and the shock range will be greatly reduced, which means that there will no longer be a particularly large profit margin. It also means the complete end of the dividend period in the currency circle.

If you don't have much principal, under 100,000, then go all in on sats! At least there is a probability of over 60% that it can help you earn your first 10 times in 4 years! It's more reliable than the vast majority of investments currently on the market!
If your principal is over 1 million, you can also take out 10%-20% of your position to gamble on high odds sats!
Of course, as an adult, you must learn to bear your own profits and losses! My views are for reference only! I currently have 15% of my position in sats, and I bought my first lot in March and have never sold, and I have added to my position twice since then! Currently, my overall sats are still down 56%!
[Eating Melon]
But I am never anxious! If it falls below 15, I will increase my position to 20%! And 20% is my limit for altcoins; I won't increase my investment beyond 20%!

Does everyone think that Bitcoin (BTC) can return to 90,000?

Bitcoin continues to be sluggish, and support has been broken. New lows can be seen tonight. Don't fantasize about guessing the bottom and trying to catch it; all long positions tonight will be wiped out. Short at the current price of Bitcoin!

Enter short at 88900, target 85000, stop loss at 89700.

#Strategy增持比特币

All support before the big pie has turned into resistance, with the first resistance at 92,000. The U.S. SEC recently dismissed several cryptocurrency-related cases, and regulation is significantly easing. These positive factors have not yet been reflected in the market. Once the big pie adjusts, a series of voices will emerge. Now, whether it's for swing trading or reducing positions, it’s all about protecting the principal and waiting for the turning point of the cycle.

#比特币价格走势分析

We discussed yesterday whether it is worth buying the bottom. If you want to play the band, LTC and pepe are the first choice. It has also been emphasized that 10 points can be used. At this time, the operation is nothing more than trying the market sense and cycle play. If you want to hold for a long time, wait, the tariff will be implemented on the 4th of next month. 10% may not seem like much, but the more the quantity, the more it will be.

Cryptocurrency Avalanche! Bitcoin falls below $90,000, 310,000 people liquidated overnight.
$950 million evaporated in 24 hours! Bitcoin plummeted by 6%, Ethereum fared worse with a 12% drop. The trigger was the hacking of the largest U.S. exchange Bybit, which lost $1.46 billion, causing panic selling among investors. Some lamented: "Buying the dip at halfway up the mountain," while others remained calm: "I'll re-enter when it drops to $50,000." The rollercoaster of the cryptocurrency market is back on track; do you dare to bet on the next rebound?

ETH is showing a volatile upward trend, with a short-term technical bias leaning towards the bullish side, but caution is needed for overbought pullbacks. In terms of operations, it is recommended to flexibly layout strategies by combining key support/resistance levels, with a priority on the pullback opportunities around $2450-$2480, and to strictly set stop-losses. From a medium to long-term perspective, if market sentiment and liquidity continue to improve, ETH is expected to challenge higher resistance levels. Investors need to closely monitor changes in trading volume and macro policy trends, avoiding the risk of misjudgment from a single indicator.
$ETH

Due to the impact of yesterday's big pancake plunge, today's big pancake trading suggestion is to go long around 88800, with a target of 91000 and a stop loss at 87500.