Support levels nearby: 0.35 - 0.38 (recent pullback support after the rally), or lower at 0.30 - 0.32 (strong support). Breakout point: If the price holds above 0.45 and breaks past 0.48 (24h high), consider going long, targeting 0.55+.
Potential short positions (bearish): Resistance levels nearby: 0.46 - 0.48 (recent highs), or the 0.50-0.55 resistance zone.
Stop-loss: Cut losses if it breaks the previous high of 0.485+. $BTC
#纳指跌4.18%创逾一年最大单日跌幅 Bitcoin (BTC) As of now, Bitcoin's price is hovering around $60,500-$61,000, experiencing slight fluctuations over the past 24 hours, down about 0.5%-3%. Since the peak in May near $82,500, it has pulled back over 25%, breaking through several key technical supports, entering a deep correction phase. Current market sentiment is extremely fearful, with the Crypto Fear & Greed index in the 'extreme fear' zone (around 16). Leverage longs are getting liquidated frequently, combined with macro risk aversion, leading to a weak short-term outlook. Technical analysis: BTC has effectively broken down from the previous upward channel and the significant support at $63,000. The RSI indicator is at an oversold low (below 30), but momentum has yet to show a clear recovery. The price focus continues to shift downwards, lacking effective rebound strength in the short term. If it can hold the psychological level of $60,000, a potential oversold bounce could occur; if it fails to do so, a faster descent towards the $58,000-$55,000 zone is likely. Deeper support is around $52,000-$53,000, which is close to historical cycle lows and production cost lines, providing strong accumulation potential. On the resistance side, short-term rebound pressure is concentrated at: $61,500-$62,500, with further rebound targets at $63,000-$65,000 (previous support turning into resistance and a dense moving average zone). If it cannot effectively reclaim $63k, the adjustment period may extend for weeks to months.
Bullish and bearish factors: Bearish factors include MSTR and other institutions reducing holdings, ongoing outflows from spot ETFs, fund rotations towards AI/stocks, and geopolitical and macro uncertainties. Bullish factors are long-term institutional allocation demand, miner cost support, and potential expectations for policy easing. The retail long-short ratio still leans bullish (some platforms over 1.8), but the main players' sentiment is neutral to bearish, making it susceptible to a reverse squeeze.
Trading strategy recommendations: In the short term, it's mainly a wait-and-see approach. Longs can cautiously try to enter near $60,000, targeting $62k-$64k, with a stop-loss set below $59k; Shorts can enter when the rebound at $62k-$63k shows weakness, targeting $58k-$55k. Overall positions should be small with strict risk control. In the long term, although Bitcoin's bullish structure has been damaged, it has not completely reversed, below $60k could be an important accumulation window. $BTC $ETH
#Market Sentiment: Overall bearish, mostly long liquidations Key Levels: Keep an eye on BTC's psychological level at 60k, and ETH's support at 1,550. $BTC $ETH $BNB
The market is currently fluctuating. As always, if there is a rebound, you can continue to short. The high point for a small rebound in BTC is expected to be in the range of 71,800 to 72,300, and 72,500 can be used to add to positions. ETH is roughly around 2,230 to 2,250, and adding to positions at 2,270 is fine. In summary, short during the rebound, damn it. Currently, the short position is still held, and I will increase my position if there is a rebound! #美军封锁霍尔木兹海峡
I personally believe that Binance Square should be a platform for discussing the cryptocurrency world, and such foolish remarks should not appear! Disclosure of ingredients ≠ disclosure of the formula; in traditional Chinese medicine, the roles of the monarch, minister, assistant, and messenger are crucial, and the compatibility and processing are the core! As for being used as pet medicine, it is merely that someone bought it for pets, similar to buying milk or goat milk to feed cats and dogs! The United States does not have standards for traditional Chinese medicine, and it is understandable to regulate traditional Chinese medicine according to Western medical standards! What are you being ambiguous about here?!
币圈钓鱼佬
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The well-known Yunnan Baiyao in China has been claiming to have a state secret formula since I can remember, always presenting itself as high-tech and mysterious. However, when it arrived in the United States, due to the FDA regulations, it was required to clearly label its ingredients, so the formula components were fully disclosed. Furthermore, because it contains a certain drug that I forgot, it can only be used as pet medication...$ETH
In the last 3 days, we executed 5 orders of the feeding strategy and 2 orders of the live feeding contract strategy, including 5 BTC and 2 ETH, with 5 long positions and 2 short positions, achieving a win rate of 100% (none triggered the stop-loss strategy). On February 24, we arranged a long position for BTC at 64666 points; the actual second point of this strategy was to add a position at 63288, but since the first wave of the market that day missed the order by over 80U, it was canceled. Later, it surprisingly rose to the bottom of 70,000. This order was ultimately closed at 65888 for a total profit of 186%. 👉提前告诉你63288加仓多记录
On February 24, I placed a sleeping order and a medium-term long at 64000, making two long positions, providing 3 opportunities to enter 8 hours in advance. The profit-taking was done in batches, and the final position was automatically closed at 67000, with a total profit of 360%. 👉64000两次做多记录
On February 25, there was also an intraday short position from 65800 to 65000, ultimately closing 70% of the position for a profit of around 110%. 👉空到65188后反手多到7万记录,还给了你方向
On February 25, I chased the rise at 65380 four hours in advance, ultimately closing all positions in batches at 67000, with a profit of around 160%. 👉[65380 reversed long, woke up to rise to 70,000 record](https://app.binance.com/uni-qr/cpos/295313087751794?l=zh-CN&r=SDR9QGU2&uc=web_square_share_link&uco=YlhI6nVWAwXtxF1K2b4Utg&us=copylink)
The live orders can be skipped as there were no written strategies provided, only discussions on profit-taking, stop-loss, and entry points. Those lacking self-discipline will not cut losses and unrealistically hold on, typically incurring very small losses, such as ETH long at 1878 and scalp short at 2130, basically just sleeping while making big profits, with returns of 800%.
Summary: Many partners managed to double their capital in February, reflecting the habits of this group, to prevent you from getting carried away. Be sure to stick with me until the end of the year to buy BTC at 50,000 and 38888; those who survive until the future bull market will be the winners.
There shouldn't be a significant drop tonight. Tomorrow, after waking up, let's see if we can meet two conditions: 1. Must hold steady at 65000 or above, closing price. 2. After holding steady, don't rush to chase the rise; wait for a pullback before entering the market. After entering a long position, it should normally rally before 3 PM (this is crucial). If there is no rally tonight, it is a deceptive behavior. At this point, we should switch from long to short; that's how the game is played. #BTC
Now various apps in China really treat users like pigs 🐷, sending out a Spring Festival red envelope 🧧 still requires a bunch of activities, and the money is low with many thresholds set. This is really far worse than Binance, the New Year red envelope came out immediately, the amount 💰 is also large, and if you're lucky, you can get several hundred dollars in hand 🥰 $BNB #红包 {future}(BNBUSDT)
Someone else's Valentine's Day (Image 1) Our Valentine's Day 🤡 (Image 2) ETH's public support at 1886 is bullish 📈 Brothers, today's Valentine's Day date expenses will be covered by the chief If you're thankful, remember to let me know if your girlfriend has any pretty friends (they need to be good-looking) 🙂
Partners summarize that being obedient is the best way to profit. Thank you, partners, for your continued trust and renewal. We actually still have a master of short-term wave escape here. #BTC
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