The big one is coming! An even bigger one is coming!
The cryptocurrency summit at the White House on March 7 may be a positive sign for the sluggish crypto market, but the impact is limited, and the short-term upward trend is difficult to sustain.
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Is the crypto market crashing? Is the bear market back?
Returning to the pre-liberation state overnight, Trump's call for positions is hard to sustain
The March 7 White House cryptocurrency summit may inject a shot of adrenaline into the sluggish crypto market, but its effectiveness is limited, and whether the short-term rebound can last remains a suspense!
I took a short position at $SOL 169, directly capturing 32 points and allowing my followers to profit!
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Yesterday the market surged, today it retraced, and many people started to worry: Is the market coming to an end? Actually, there’s no need to panic; the key is to look at one signal — the trading volume during the retracement is very small! What does this indicate?
Firstly, the main funds haven’t exited; the money that entered the market yesterday is still there. The retracement is just to shake off some indecisive retail investors. Secondly, this pullback is to clear out floating capital, making room for the next wave of increases.
My suggestion is: a retracement is actually an opportunity to buy low; you can enter the market in batches, don’t be afraid of a drop. The main players haven’t left, and the market is definitely not over; there’s still room for an increase ahead. Don’t be scared by short-term fluctuations; this is precisely the market gathering strength.
Although the market is slightly sluggish now, opportunities will still come. Wait patiently for the retracement; when the time comes, I will lead everyone to aim for the lucrative opportunities in the counterfeit market to buy at the bottom and double your investment easily. Like and comment, and I will help you seize the big opportunity in this bullish market.
The current market sentiment is very tense, and price fluctuations are mainly influenced by various news, with little relation to the market's fundamentals and intrinsic logic. Investors' attitudes are generally cautious, and the market now feels more like a speculative place, especially with large funds frequently engaging in short-term operations, making quick profits and running, lacking plans for long-term holding. This puts ordinary investors at a disadvantage, and it is also difficult to truly establish market confidence.
Now, the market urgently needs a continuous influx of large amounts of capital to stabilize the situation, and the direction of this capital largely depends on the Federal Reserve's actions. Everyone is hoping that the Federal Reserve will ease monetary policy, especially during the interest rate meeting. If the meeting can send a signal of easing, the market may welcome a wave of sustained increases. In contrast, other factors in the news can only bring about short-term fluctuations and are unlikely to truly change the overall weak market pattern.
In simple terms, the market is currently very fragile, everyone is waiting for the Federal Reserve's actions, and other news can only temporarily impact the market; the real change in the situation still depends on the attitude of large funds.
As the market continues to change, we need to closely monitor market signals and seize new entry opportunities. Like + comment, and I'll take you through the bull market to seize this major opportunity! $BTC $ETH $XRP #加密市场回调 #美国加征关税 #美国加密战略储备
The White House's cryptocurrency summit on March 7 may be good for the depressed cryptocurrency market, but the impact is limited and the short-term rally is difficult to sustain.
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The White House is holding a cryptocurrency summit on March 7. Is this good news for the crypto market, which has recently taken a significant hit?
Even if it's good news, what difference does it make? The crypto market no longer buys into the 'conference pump' strategy. Even if the price rises temporarily, it will soon drop back down, making it meaningless in practical terms.
In contrast, as Trump mentioned, incorporating mainstream cryptocurrencies like Bitcoin and Ethereum into the national strategic reserves would be the real game changer. You see, as soon as the news broke, the market reacted immediately, and prices started to rise.
However, even if prices rise, it doesn't really concern you. Why? Because those who constantly ask, 'Is this good news or bad news?' are often the ones who don't hold any coins. With insufficient understanding and a narrow perspective, they naturally miss the opportunity.
I opened a short position of $XRP at the price of 2.79, which was a precise grasp of the market's prediction. The result? Steady profits, it's that simple.
Next, I will position myself for an even bigger market movement. If you want to keep up, like and leave a comment! $XRP $ETH #美国加密战略储备 #美国加征关税
Currently, altcoins are facing a serious problem: lack of liquidity. Once a large holder sells off, the price will quickly collapse, and the market simply cannot bear the selling pressure. Those altcoins whose prices have already dropped to low levels, although some major players are slowly accumulating, they will not let the prices rise significantly but will control them within a certain range, oscillating back and forth, specifically targeting those stubborn 'iron-headed retail investors' who refuse to leave the market. After all, there are not many retail investors left who can withstand wave after wave of crashes.
It is almost impossible to expect altcoins to show a trending market. The reason is simple: the market lacks liquidity. Even if major players try to rally, there isn't enough follow-up capital entering the market. As long as the major players sell off slightly, even if it's just a small portion of their holdings, it creates huge selling pressure for retail investors, and the price will collapse immediately.
However, the volatility of altcoins is indeed very large, and the oscillation range can often reach 30%-50%. If you can accurately grasp these fluctuations, the profit potential is still quite good. But the prerequisite is that you need to have enough patience and skills to track these opportunities.
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I believe that although the market has been affected by some news, it is unlikely to reverse in the short term and is more likely to enter a period of consolidation.
First, the news released by Trump last night seems positive, but this is only a potential benefit. He merely mentioned promoting the strategic reserve, but when it will be done, how it will be done, and even whether it can be accomplished, are still unknowns. This uncertainty complicates the market's reaction.
Secondly, historically, after each significant drop, the market rarely reverses immediately. Unless a large amount of capital clearly enters, the market usually goes through a period of consolidation and washing out. Currently, there are no clear signals of capital entering.
Additionally, Trump specifically mentioned supporting the inclusion of $XRP , $SOL , and $ADA in the strategic reserve, which is clearly because the funds behind these projects provided him strong support during his campaign. Now, by doing this, it seems more like he is repaying these financial backers rather than acting based on the fundamentals of the market.
Based on this analysis, I suggest closing the long positions that were previously taken at the bottom. While I do not recommend shorting immediately, I also do not recommend chasing long positions. The market is greatly influenced by news, with high volatility, so temporarily reducing leverage participation would be more prudent.
As the market continues to change, we need to closely monitor market signals and seize new entry opportunities. Like + comment, and I'll take you through the bull market to secure our position and seize this major opportunity in this round! #XRP、SOL、ADA纳入美国战略储备? #美国加征关税
From the 4-hour chart perspective, after a significant decline, the market experienced a brief rebound, but it quickly vanished. Technical indicators show that bears still dominate. Although the RSI indicator hovers at a low level, indicating some rebound demand, every time the price approaches a key resistance level, the bears swiftly counterattack. The three lines of the KDJ indicator, after converging at a low level, have not formed an effective upward trend and instead turn downward again, indicating that bearish strength remains strong. All these signs suggest that the price is likely to continue to fall, with substantial downward space remaining.
From the daily chart perspective, the market situation is very clear, with prices continuously declining and having broken below the lower Bollinger Band, signaling extreme market weakness. The moving average system shows a typical bearish arrangement, with short-term moving averages crossing below long-term moving averages, creating strong pressure that makes it difficult for bulls to counterattack.
The MACD indicator's fast line continues to cross below the slow line, and the histogram keeps extending below the zero axis. The capital flow data indicates that a large amount of capital is exiting the market, further intensifying the downtrend. Overall, the bearish trend is very strong and difficult to reverse.
Saturday's Recommendations:
If it rebounds to around 85,000, consider shorting, targeting 82,000.
If it rebounds to around 2,300, consider shorting, targeting 2,150.
In simple terms, the market is still under bearish control, and prices are likely to continue falling. It is recommended to short during rebounds, targeting lower positions.
Recently, I plan to ambush a potential coin that is ready to explode, doubling is quite simple, and expectations of over 10 times are not a problem. If you want to keep up, please like and leave a message.
Next week, with the official implementation of the tariff policy, the market may welcome a real "storm". The current decline may just be the prologue, and greater fluctuations may be brewing.
Yesterday afternoon, I placed a short position around 0.0085 with $PEPE and enjoyed it directly!
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Focus for the day: sui, act, sol, xrp, kaito, doge $PEPE #PEPE
From a technical perspective, a series of bearish candlesticks have formed on the four-hour chart, with the Bollinger Bands continuously expanding downwards. All technical indicators show that the bears currently have a firm grip on the market. Looking at the hourly chart, after briefly touching the lower Bollinger Band, there was a slight rebound, but the momentum is clearly insufficient, and the bulls lack enough buying support.
Considering this analysis, the current market sentiment is likely to continue being dominated by the bears. Therefore, in the morning session, we should closely monitor the strength of price rebounds and patiently wait for appropriate entry opportunities, then cautiously position ourselves for short positions.
Trading Suggestion:
Consider shorting around 2230 for $ETH , targeting the 2150-2180 range.
Personal Opinion: The market currently shows a clear bias towards the bears, with insufficient rebound strength, and it may continue to decline in the short term. The focus should be on short positions, but one must carefully choose entry points to avoid blindly chasing shorts.
Although the market is slightly sluggish now, opportunities will come. Stay calm and wait for a pullback. When the time comes, I will guide everyone to seize the lucrative opportunities in the altcoin market and plan for spot buying; doubling your investment should be no problem. Like + comment, and I will help you grasp the big opportunities in this bull market. $BTC #美联储降息预期 #美国加征关税