- BTC and the crypto market have been continuously declining for 5 months since BTC reached a peak of 126k. At the end of February, BTC was still a strong negative monthly candle, with prices dropping to 59.9k accompanied by a significant increase in volume, the highest since June 2021. This indicates a long and very cold downtrend season is approaching. There is a high likelihood that BTC's downward momentum will not stop immediately; in March, BTC may drop to the 50–53k range and slightly rebound around the 70–71k range. If trading swings, prioritize selling according to BTC's larger trend.
- Altcoins have significantly decreased up to this point, with many tokens dropping well below their all-time lows. However, given the current situation, it is highly likely that the market will continue to decline. At this point, spot buying to accumulate will be very risky; consider carefully before investing.
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@Chan Chảnh Choẹ