🌐The cryptocurrency market has come under pressure amid the current geopolitical tensions. Recent US announcements about imposing customs duties on Mexico and Canada have already rattled investors, and today Washington added to this with the news of imposing 25% tariffs on goods from the European Union. These moves add to the uncertainty in the global economy, which directly affects the volatility of cryptocurrencies such as bitcoin and ethereum. 🏛️ All market attention tomorrow will be focused on the release of U.S. GDP data. If the figures turn out to be weaker than expected or there is a downward revision, it could give cryptocurrencies a chance to rebound. Investors will be keeping a close eye on these numbers as they could signal a slowing economy and possibly affect expectations for the Fed's monetary policy. 📊 As for technical levels, for bitcoin, the key resistance zones are in the $89,000-90,000 range. If the price manages to break above, it could open the way to new highs. On the other hand, support levels are located at $84,000, and around $80,000 in case of a deeper correction. For etherium, the picture is similar: resistance is expected in the $2,500-$2,600 zone, while supports are located at $2,200 and $2,000. These ranges will be decisive for the short-term dynamics of both cryptocurrencies.
🙋♂️ Hey guys, As usual, at the beginning of the week we do a review of the crypto market. 🔍 Let's summarize the results of last week. Last week the market was mostly sideways. Toward the end, there was even a growth and an attempt to break the medium-term sideways in the main instruments, but on Friday, traditionally, there was a negative - the largest hack in the history of the crypto exchange Bybit. I think you are already aware of the details, but to summarize: 1.5 billion was stolen, the exchange has recovered and is working as before. 📤 At the moment, the key liquidation zones for bitcoin are 94k at the bottom and 98k at the top, for ethereum - 2630 and 2800. These levels are tightly packed with liquidations and stop liquidity, so a breakout could accelerate the move. 🏦 Bitcoin-ETFs lost about half a billion dollars in a week - looks like profit taking or institutional reallocation. Efirium-ETFs, on the other hand, remained stable with a small positive netfloat of 1.5 million, suggesting less selling pressure on ether. ⛓️ Bitcoin's Chane metrics show a continued outflow of physical BTC from centralized exchanges. Open interest has declined after the flash crash due to the hack, but there is no catastrophic collapse - just a moderate drop. Open interest in ether has also declined, but is weaker. The outflow of physical etherium from exchanges has reached record levels, which is due to the attack on Bybit. This reduces the supply of ether in the market - its inventory on exchanges has fallen below the minimum of August last year. Funding rates for ether are at minimum values, almost at zero. Usually from such levels we can wait for a local trend reversal. 🌐 The main event of the week is the US Q4 GDP data on Thursday. ⏳ Key support for bitcoin is 90-92k, break of 98-99 opens long with targets of 105-110k. For ether, support at 2200, entry points are break of 2850 with targets 3500-4000. The market may test the lows, so be ready to test support zones. $ETH $BTC
Bybit hacked: what is known? Bybit's cold wallet hack for Ethereum (ETH) has become known. According to the exchange's CEO Ben Zhou (@benbybit), the attack only affected the ETH multisig wallet due to a forged signature interface via the @safe . Hot and warm wallets are fine, other assets are unaffected. Key facts: - Withdrawals are working smoothly. - Bybit remains solvent, user funds are safe (1:1). - Losses are promised to be covered from the exchange's reserves. Ben has already announced a stream to answer questions - watch for updates. There is no official statement on the site yet, but the situation is under control.
Many altcoins corrected to their supports or even updated their lows. ⚡ LOKA is another low-liquidity altcoin that can show good growth. 📈 Listing on top exchanges gives hope that it won't disappear anytime soon, which means there is an opportunity to make money. 💰 A purely speculative trade with no long-term hold. ❌ Cancel scenario on consolidation below 0.1. 🎯 Targets: 0.2 - 0.25 - 0.3. 🚀 #LOKA $LOKA
#Onchain 📈Performance of underlying assets since 2023 year, as we can see Solana even with the correction looks stronger than others. But if you read the blockchain name backwards, it becomes clear what will be done to the holdings in the long term. 🕒 Short to medium term most likely can show more growth. $SOL @Solana Official
⛓️ BSC (Binance blockchain) looks stronger than the market, with BNB acting as the locomotive. 💡 In such conditions, projects on this blockchain are in good demand. 📈 #CAKE - DEFI project, which looks good for the continuation of the momentum with targets of 5-6$ when working off the flag pattern. 🛑 Cancel scenario on consolidation below 2$.
🔥 Yesterday 800M USDT was launched on CEX. Last time similar movement was accompanied by +10% on BTC. Important zone 🔑 98-99K - breakout will open the way up! 🚀 BTC $BTC
🏛️🇺🇸 The Texas Senate held a public hearing on the bitcoin strategic reserve bill (SB 21). 🌐 The $2.5 trillion economy of Texas surpasses the economies of many countries, including Italy and Spain. The bill calls for investment in bitcoin, dubbed “digital gold” by the U.S. Treasury Department, underscoring the cryptocurrency's recognition as an asset in financial markets. 🖋️ This could attract investors and help boost confidence in bitcoin. Passage of the bill could make Texas a leader in financial innovation, spur blockchain technology development and attract new high-tech companies, contributing to economic growth. 🕵️♂️ If the bill passes, it will signal to other regions that cryptocurrency investment is possible at the state level.
🙋♂️ Hey guys! As always, at the beginning of the week we do a review of the crypto market. 🔍 Last week's results US inflation data came out worse than forecast, which caused a sell-off, but the fall was quickly bought back. 🕵️♂️ Liquidation Map - Bitcoin: 93.5-94K, resistance is 99-100K. Long/Short = 1:1. - Ethereum: 2.85K, support is 2.52K. Long/Short = 2.5:1. Ether has weak selling pressure - any trigger can cause growth. 🏦 ETFs market. - Bitcoin ETF: -580.2M - Ethereum ETF: -26.3M ⛓️ Onchain-metrics - BTC and ETH reserves on exchanges are low, Netflow is negative. - OI in BTC and ETH derivatives is rising - a sign of position recruitment. - Stablecoins are winding up on exchanges. - Short-term holders are offloading assets, medium-term holders are accumulating. 🌐 Important events of the week - Monday is a day off in the US (President's Day). - Tuesday - Trump's speech (volatility possible). - Friday - Business Activity Indexes. 📊 Scenarios for the week Market is sideways, best strategy is to wait for a breakdown. Possible triggers: - US National Digital Foundation. - Pectra update on ETH. - ETF launches on SOL, DOGE, XRP, LTC. - Stacking spot ETFs on ETH. Bitcoin: - Support - 90-92K. Breakout is 98-99K → target is 105K. Ethereum: - Support - 2-2.2K. - Long on breakdown 2.8-2.9K → target 3.5-4K. ⏳ Conclusions The market is brushing speculators, it is better to trade from the range boundaries. Special attention - on Ethereum. If it was useful - put a reaction and subscribe! $BTC $ETH
💡 The dog in the hat like the rest of the meme coins is showing signs of recovery and demonstrating increased volumes. 📈 Price is below 0.786 Fibonacci from where trend reversals often occur. 💰 Buying up $70 as part of the DCA experiment from last week. 🖋️ Just a reminder that I allocate $10 daily for cryptocurrency investing and make a purchase once a week. Results and portfolio views are publicly available. 🚀 If this was useful subscribe to not miss anything and give me a reaction 👍 $WIF @dogwifcoin #WIF
🙋♂️ Hey guys! 🕒 DOT must stay above 3.5$ to continue moving in the horizontal channel 📈 In this case has the probability of another run to the upper boundary, the 10$ zone ⚡The potential R/R of such a trade has a 1 in 4, or 100% potential profit. 🛑 The scenario is canceled when the price goes below 3.5$. 🖋️ Don't forget to take money from the table. #DOT $DOT @Polkadot Network
📊 Maker corrected below 0.786 Fibonacci from the last rise and is now testing $1000 resistance on higher volumes. 💡 A long may be considered with targets of $2000 and $3000, stop below $770. 📈 A coin from the DeFi sector with a great history despite recent rebranding issues. It's an ethereum steak, and pending easing for DeFi from the new Trump administration could show outperformance. ✅ Open interest in derivatives is on the rise, the instrument is in the top 100 by capitalization. I recommend taking a closer look. #MKR @MakerDAO $MKR
🙋♂️ Hey guys. 🌐 US core consumer inflation, year on year rose to 3% vs market expectations of 2.9%.
🛑 This has raised market concerns about the US Fed canceling rate cuts in 25Y. Which in turn reduces investors' appetite for risk. 📊 But what is happening in reality? If we look at the probabilities being prorated by speculators via federal funds futures, we see that probabilities have realigned. We see that the market is pricing in that the rate will be left unchanged at the March and May meeting. And already at the June and July meeting expect a cut with 33 and 37% probabilities for the first cut, and already from the September meeting the probabilities of a double rate cut are emerging. 📈 Locally for the market this is a negative. But in March we will see another inflation data and the probabilities may rearrange again. ✅ Don't forget that macro data is important for the cryptocurrency market, but also the market is influenced by other events and news and I expect more positive news in the near future. 💡 Bitcoin and ether have shed to supports, there could be a decline further down, so it is important to expect bearish momentum absorption, for bitcoin it is a return above 96K and ether above 2650$. 🖋️ Key supports for bitcoin 90-92K and for ethereum $2200-2400. #Macro #CPI $BTC $ETH