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Bitcoin Morning Analysis: From the current market perspective, a small bullish candle has formed on the daily chart, stabilizing above the middle track, currently maintaining a strong structure. The hourly level is currently in a range-bound market. The volatility is relatively smooth, with the Bollinger Bands opening upwards overall, and the bullish trend remains intact. If the market tests upwards multiple times, it will be an effective breakout. There is a possibility of a pullback again; in the morning, we can first observe the pullback strength. After Bitcoin returns to key support and stabilizes, we will look to go long again, which is more prudent, ensuring proper defense. Currently, we are bullish but not taking long positions. Without further ado, let's get straight to the strategy. Short around 71,500 for Bitcoin, targeting around 70,000. Short around 2080 for Ethereum, targeting around 2100.
Today is suitable for trading and accumulating wealth, with good fortune flowing in. 🎁🎁 May the platform's popularity soar like a rainbow, and the ecosystem thrive. Wishing all partners a stable mindset and accurate judgment. Positions steadily rising, contracts sailing smoothly. Dare to position at low points, skillfully take profits at high points. Returns climbing steadily, accounts thriving endlessly. Fortune accompanies wealth, moving forward towards the sun. 🍀
Don't be anti-intellectual, the United States cannot exploit Bitcoin at all. Bitcoin issuance is uncontrollable, has excellent liquidity, and circulates globally, making it difficult for centralized institutions to fully control. Stablecoins are convenient for transactions, but the issuing institutions may obtain seigniorage by pegging to the US dollar, leading to inflation risks. Pay attention to the development of Chinese stablecoins, explore their application scenarios, and they may become key to responding to this trend. $KAT {future}(KATUSDT) #特朗普缓和局势
Bitcoin's Plunge Continues: False Breakout Confirmed, Will It Drop Again? Current Operational Thoughts Fully Analyzed!
Recently, the trend of Bitcoin has left many investors worried, as if they were fed laxatives by a 'dog dealer', continuously declining without stopping, and panic in the market is spreading rapidly. From the market perspective, the previous phase of rising has clearly been confirmed as a false breakout, and after a deceptive assault by the bulls, they quickly collapsed. Funds are fleeing, and selling pressure continues to be released, opening up a mid-term downward channel. Combining technical and funding analysis, this round of adjustment is unlikely to end quickly, and there is still downward space. 67,000 and 63,000 are two key support levels that are likely to be tested gradually, and it is even possible that they will briefly break through before seeking stabilization.
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Hail To The Hordes!
Build me a nation, a fountain of life And let us be the voice For what words cannot express The failed, the outcasts The sagacious and wise Will form a bond, impeccable art Crafted through aeons of time
If night will fall black shadows Are taking our sight We carry each other through the darkest Moments in life, stronger than hate Stronger than fear, stronger than all We are one Hail to the hordes
Build me a nation, let's make a stand Live our lives to the full, come let's walk Hand in hand let us remember What it once meant...
Still judging the third day of the cow's return, The brief decline is for a better takeoff 🛫 Maintain a clear mind and good intentions to hold your bag well
⛏️ Miners start to "hit the brakes"? Hashrate is actively shrinking Cango's latest disclosure indicates that due to declining mining profitability, the company has temporarily offline about 30% of its hashrate. Current data: 🔹 Average operational hashrate in February: 34.55 EH/s 🔹 Total deployed hashrate: 50 EH/s This means that some mining machines are actively shutting down or adjusting. The main reasons include: ⚡ Optimization and upgrades of mining machines ⚡ Migration to areas with lower electricity prices ⚡ Renegotiation of hosting agreements Meanwhile, a key indicator is approaching the miners' cost line: 📉 Hashprice has fallen below $40 / PH/s / day When Bitcoin mining earnings approach operational costs, miners typically exhibit three behaviors: 1️⃣ Shut down low-efficiency mining machines 2️⃣ Migrate to areas with lower electricity prices 3️⃣ Wait for price recovery In historical cycles, miner behavior is often an important signal: 📊 When weak miners exit, hashrate rebalances, and the market often enters a new phase. 💡 In the crypto market: Price determines sentiment, but cost determines the life and death line of miners. #加密市场反弹 $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT) $BNB {future}(BNBUSDT)
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Bitcoin just dropped below $70,000, with a decline of about 4% in the last 24 hours. Meanwhile, the recently released U.S. non-farm payroll data for February unexpectedly showed a decrease of only 920,000 people (market expectation was an increase), and the unemployment rate rose to 4.4%. The slowdown in the job market may strengthen market expectations for the Federal Reserve to restart interest rate cuts. #非农就业数据 #美联储何时降息? $BTC {future}(BTCUSDT)