Binance Blog

BLUR, the abandoned NFT platform, let's see if there will be any good news, it's already halfway through. #巨鲸动向

3.23 Pay attention starting Sunday, the big market movement begins in the evening, prepare for significant fluctuations.
The market is very hesitant and contradictory at this position; some coins have already started to decline and are giving up further gains, while others are still building momentum. Currently, the market is still in a state of fear, and the situation is not particularly good. There is still some risk at this position during the weekend, but from a weekly perspective, there are still opportunities for upward swings.
An opportunity will arise on Sunday evening. First, look for an upward test near the 85500-86000 range. After breaking through, watch for 87, and if it goes up all the way, it will be 89. Next week, the opportunity to challenge the monthly high will come.
BTC Daily - 4-Hour Level Market Analysis
Bitcoin is still following the logic of a low multi-shake-up in the short term, overall the market is not bad. The pressure on the upside is around 85300 and 86300, with the previous low serving as support. If it can't break through this time, be prepared to try buying near 81800 for one last push.
ETH Altcoin Large and Small Level Analysis
Ethereum continues to face pressure above 2020. Similar to Bitcoin, it aims to establish a large-scale fluctuation high point. During the day, we wait again for the game around the pressure near 2020 and the pressure near 2050. On Sunday evening, there will be more volatility and liquidity. During the day, just watch the altcoins gradually rise.
The market is in chaos; be aware of the risks. #美SEC加密圆桌会议

3.22 Weekend repair market begins, low liquidity parts with strong operators start to operate
The market is very hesitant and contradictory at this position; some currencies have begun to decline and give up further gains, while others are still accumulating momentum. The current market is still in a state of fear, and the situation is not particularly good. There is still some risk at this position during the weekend, but from the weekly level, there is still an opportunity to continue swinging upwards.
Overall, take a closer look at the altcoins over the weekend, just pay attention to the risks on Sunday night.
BTC daily - 4-hour level market analysis
Bitcoin is still in a short-term low-level oscillation upwards. The overall market is still good. Yesterday, the bearish outlook near the support level of 83000 held up without continuing to fall. Therefore, this round can continue to see the pressure near the previous high, looking at today’s liquidity being insufficient but whether it can continue to charge forward.
The upper pressure is near 85000, and the bottom support position is near 83500.
ETH altcoin size level analysis
Ethereum continues to be weak with upper pressure around 2020, wanting to develop a large-level oscillation peak similar to Bitcoin’s trend. During the day, wait for another game around the pressure of 2050, with the support level during the day around 1950. If it breaks down, it will go down to around 1900.
The market is chaotic, pay attention to risks. #美SEC加密圆桌会议

Arrived at the key chip area, with short selling pressure above 84800. However, if we break through the vicinity of 84400, then this round of hourly gains will begin again. Over the weekend, the altcoin may continue to fly up a bit. Now it depends on the contest within these 700 points. If it goes up to 84400, this round will continue to rise; if it doesn't go up, the key position will remain short, shorting until the four-hour bottom. #美联储3月利率决议 #内容挖矿

Regarding An'an's recent actions, funds have indeed arrived. It is uncertain whether a bull market will start again, but I can believe that An'an's act of sending money indicates that the market can continue to push forward. BNB will provide liquidity to the market #币安投票上币

The logic from yesterday's morning session, both long and short positions were perfectly positioned. Bitcoin was slightly off, with the long position at 84000, and Ethereum around 1950.
The intraday market still needs to make a push; for Bitcoin, the 89 that couldn't be reached yesterday will likely be difficult to breach in the near future. However, we can still wait a week to let the market gradually rise. If necessary, we can reassess at the end of the month. As long as there are no significant negative factors, the market can slowly grind upwards, with bottom support around 83500.

3.21 The Federal Reserve continues to threaten the market; a recession in 2025 is still likely, and there is a chance for the market to recover in the short term without negative factors. The Federal Reserve's rare signal warns of a possible large-scale recession in the U.S. in 2025. Currently, the focus in the market is on risk. Bitcoin still has a chance to attempt to break above 86, but the likelihood of approaching 89 has increased, and it is uncertain whether it can reach higher levels. This weekend, there is not much liquidity; we will see if there is an opportunity for one last push towards the upper high. Ethereum still has a chance to target above 2100 in recent times. The key position for SOL130 is very important; after a stable breakthrough, we can look towards around 140. XRP at 2.4 serves as a defensive position, targeting 2.5. BNB has support around 620, with limited future space targeting around 640. DOGE has relatively close resistance in the future, around 0.18, which is not worth betting on. After the market sentiment stabilizes, there is a high probability that the market will be reinvigorated. BTC Daily - 4-hour level market analysis: Bitcoin is currently oscillating within a range; it reasonably hit the expected support around 84000 yesterday and rebounded. However, the rebound is not very strong, but that’s fine; after a pullback, it can continue to enter long positions, targeting pressures around 85500 and 86500, with these two levels representing focus on rebound and reversal respectively. ETH Altcoin size-level analysis: Ethereum continues to face significant pressure above 2020, similar to Bitcoin's trend, intending to break out of a major oscillating high. During the day, we wait again to target pressure around 2050; the support level during the day is around 1950. If it breaks down, it may go to around 1900. The market is chaotic; pay attention to risk. #特朗普数字资产峰会演讲 #内容挖矿

3.20 Gold surges, safe-haven demand rises, Powell directly shifts blame, the market remains dangerous
The Federal Reserve is not in a hurry to cut interest rates, concerns about the economic outlook still exist. The limit for reducing U.S. Treasury holdings has slowed from $25 billion/month to $5 billion/month, and the possibility of an economic recession still exists. The market's next reaction is to wait for Trump's feedback, still experiencing wide fluctuations with high short and low long positions.
The upcoming market trend may only improve in liquidity after April 1st, but it will still be characterized by high short and low long fluctuations.
BTC Daily and 4-Hour Level Market Analysis
Bitcoin is oscillating within a range in the short term; it is currently in a wide fluctuation market. The upper pressure is around 89,000, the second high point is around 87,500. Now we can wait for a retest after the pullback to check if it will challenge the high around 89,000 again; otherwise, wait for Trump's favorable news to push towards the high point.
During the day, continue to monitor the extreme and look for a pullback near 84,200; if it does not break below, continue to try entering long positions and wait for Trump's response.
ETH Altcoin Large and Small Level Analysis
Ethereum is stronger in the short term and is just a bit short of reaching the expected level near 2,120, which is roughly equivalent to the pressure around 89,000. Similarly, wait for a pullback to look for opportunities to enter long positions.
Support levels near 1,980 - 1,950 look for opportunities to stabilize before entering long positions, continuing to speculate on the second high point.

The market is chaotic, be aware of the risks. #美联储3月利率决议 #内容挖矿

Summary of the interest rate decision and Powell's speech in the early morning:

1. The dot plot indicates no rate cuts, the probability of a cut in May is extremely low, unless the unemployment rate suddenly spikes, there will be no consideration of rate cuts; the economy and labor market are very strong. (Hawkish)
2. Regarding Quantitative Tightening (QT), there will be considerations to reduce QT after April 1st; currently, the market predicts QT will stop in May, so we may choose to slowly start reducing the pace of QT, but it may not necessarily stop directly; the timeline is quite long (playing Tai Chi, more dovish)
3. Tariff issues are the main factor causing inflation, and there will be no backing down for now; if you want to lay off workers, feel free, the expectation for rate cuts will just be extended again, lasting until the midterm elections. (Hawkish)

The sharp rebound that appears at this position is very normal; there is currently no significant negative news or uncertainty that would lead to another market sell-off, but initiating wide fluctuations does not mean that retail investors won't be tricked into buying in order to continue the sell-off.

This position is a bit strong now, as Ethereum is already in the four-hour chip zone. Thinking of it as a resistance is actually problematic unless it breaks below the zone, or you choose to short at the upper edge of the chip zone, which is also fine since the stop loss is minimal. However, if the four-hour generated chip zone retraces to around 1920 and the hourly chip position does not break, then one can take a gamble on a breakout order.
But looking at the smaller time frames, it’s still better to wait for the attached indicators to show a buy point, and if it retraces to the thirty-minute chip zone without breaking, then one can gamble on a long position with a very tight stop loss. #美联储3月利率决议

3.19 Key date approaches, interest rate decision Powell softens, re-entering long positions and spot trading. The market remains in a volatile range; a few minor altcoins may slowly take off, particularly those that surged in the last minor bull market. They might rebound first in this small market trend before declining again, due to the ongoing volatility at larger levels. Therefore, finding strong altcoins that can surge is crucial. Bitcoin and Ethereum continue to apply pressure; most of the market has been brought to the bottom by Trump. Now it's a matter of whether Powell fears a market crash. The market is now waiting for Powell, anticipating whether the expected rate cut will be 100 basis points or continue at 75 basis points and when future cuts will occur. Tonight will be the decisive moment. BTC Daily - 4-Hour Level Market Analysis. Bitcoin is oscillating within a range in the short term, with no significant changes expected. The upper pressure has risen to around 85700, while the bottom has reached around 81300. A break below that would indicate a support level near 80000. Tonight, there is a higher probability of a favorable market trend. In the afternoon, a pullback occurred, and a good entry position was established. There's no need to overthink it; the bottom has held for many days, and since it can't go lower, it should go up. ETH Altcoin Size and Level Analysis. Ethereum's technical situation is the same as yesterday, still between 1960-1950, with the furthest bottom support reaching around 1840-1850. However, the current strong support level is near 1880-1890. If it breaks below, it will still be in a box range oscillation, high short and low long money flow. However, Ethereum is testing multiple times now; if it can’t break below 1900 again today, look for a good entry point. Tonight, the probability of a favorable market is relatively high. The market is chaotic; be cautious of the risks.

Just woke up, no matter what good or bad news, I won't listen, won't listen, pressure is empty #美联储3月利率决议

There was a very good test question during tonight's live broadcast. At that time, the price of Ethereum was at 1903. I glanced at it and directly told everyone to short live. This logic is not hard to understand. Firstly, the selling pressure above was suppressed to around 1920. Secondly, there was continuous chip pressure on the upper 15-minute level, and the chips had not been pierced. The support chip area below is very far, probably between 1840 and 1860.
So this order is very simple; just short after breaking below 1900 for 5 minutes, and set the stop loss at the high point of the previous K-line, that's it.
Compared to K-line patterns, I believe the data chip area is more accurate, especially in short-term trading. The chip areas generated in real-time by robots and market makers are far more useful and accurate than those drawn out. Those participating in the market are no longer just the gifted and the veterans. #Strategy增持比特币