比特币总裁

From a daily perspective, Bitcoin's candlestick has precisely retraced to the previous low of the small platform built earlier. In the short term, the area around 65000 has certain support. This position has been retraced multiple times before, with only two instances in between where it dropped below; at other times, it welcomed a rebound. Therefore, if Bitcoin can hold above 65000 in the next few days, it will likely experience a rebound to challenge the 70,000 mark. I hope it can hold #比特币 #BTC

In the past 24 hours, 21,700 bitcoins from short-term holders flooded into exchanges, all sold at a loss. No wonder bitcoin has dropped so much; it's these faithless individuals causing it, selling at a loss without considering others, leading everyone to lose money.

Japan's large financial group SBI announced at the end of February that they will use the #XRP ledger for A to B fund settlements. Traditional financial institutions have begun to use blockchain technology and services for business settlements, and the two are starting to merge, leveraging each other's strengths in their respective fields. This is a good thing for the cryptocurrency industry.

The reasons for the recent drop in Bitcoin
1. The escalation of geopolitical conflicts, with the United States sending ground troops to attack Iran
2. Global stock markets are falling, fear is increasing, leading to a drop in the cryptocurrency market
3. The Bhutanese government sold BTC, and Bitcoin spot ETFs have seen net outflows for 2 consecutive days

Family, please tell me honestly, have you all switched battlefields and gone to rush for crude oil? The US stock market, the UK stock market, and the cryptocurrency market are all falling, while only crude oil is steadily rising. Am I the only one still foolishly guarding cryptocurrency, being whipped by the bear market?

23 hours ago, BlackRock sold 1133 BTC and 21405 ETH, with a total value exceeding 110 million USD. These asset management users sell faster than anyone else when the market drops.

From the daily level of Ethereum, the K-line has two consecutive declines, once again testing the previous low support level of 2000. In the short term, the 2000 level is a watershed for the market. If it can hold, it will then aim to challenge the resistance level of 2200. Conversely, if it fails to hold, it will test the 1800 level again. Therefore, we hope it can hold at 2000; otherwise, once it breaks, market panic will intensify #ETH

Family, what would you do if this happened with Bitcoin?

Today Bitcoin has dropped significantly again, causing a major blow to the bulls. Even if it drops to 61000, it can only wipe out over 1.3 billion bulls; but if it rises to 76000, it could wipe out 2.2 billion bears. The recent market has been fluctuating back and forth, repeatedly hurting both the bulls and the bears. Now that the bulls have been nearly wiped out, how will the manipulators operate next?

Today, an old OG who held Ethereum for 4 years sold 7302 ETH at a price of $2073, worth $15.14 million, having held it for 4 years, with a total profit of $5.33 million. This market is falling so much that even the E guards no longer have the confidence to hold on.

Except for crude oil, global stock markets are all declining. All three major indices of the US stock market dropped at the opening, and since then, several hundred million dollars have evaporated. A-shares, Hong Kong stocks, UK stocks, and the cryptocurrency market are all not spared.

Brothers, the panic index has dropped to 10 again. Recently, Bitcoin's market has struggled to rise by three or four thousand points over a week, only to fall back within a day or a few hours. It completely fits the characteristics of a bear market, described in four words—slow rise and rapid fall.

Brother Ma Ji has been trapped again with multiple positions; when Bitcoin fell to 68300, he was liquidated. Every time he chases the rise to go long, I just know the market is going to fall. His contrary indicators are not on par with my insights, I have to admit.

In recent days, the Ethereum Foundation has sold over 100 ETH again. Each time it sells Ethereum, it is at the peak of the short-term market for Ethereum, and it has been considered a sell signal by everyone.

Recently, investors in gold and crude oil have felt a change in hands.
A couple of days ago, crude oil surged, and gold plummeted.
Today, crude oil plummeted, and gold surged again.

Only the cryptocurrency market remains stable; when there are no significant market news, the crypto market is almost becoming a stablecoin market.