The dynamic posted yesterday is posted again today. Take a serious look:


ETH broke 2000, which will trigger more selling pressure. Everyone, pay attention to risk control!!!!
BTC downward trend, not recommended to blindly buy the dip:
1. The market is highly uncertain. Although there may be some technical support, the factors that triggered this decline, such as security incidents and macroeconomic uncertainty, still exist, which may lead to further declines. In addition, retail investors are relatively weak in terms of information and risk tolerance, and blindly bottom-fishing may lead to heavy losses.
2. The cryptocurrency fear and greed index has dropped to 21, with strong market panic. There is a significant outflow of funds, decreased institutional participation, and the overall market is in a contraction phase, lacking upward momentum.
On February 25, the net outflow of the US Bitcoin spot ETF reached 935 million US dollars, setting the record for the largest single-day outflow in both US dollars and Bitcoin unit value since the product was launched, with a significant slowdown in institutional demand and decreased participation.
4. From a technical perspective, there is a CME futures gap near $80,000. Although there is some psychological support, it is not a key support level purely from recent technical analysis. If the bearish momentum continues, it may test below $80,000.
BTC's main technical support and resistance levels:
Support levels: The first support zone is 83,832 USDT - 84,886 USDT; the second support zone is 81,460 USDT - 82,222 USDT; Fibonacci support levels 0.5 (88,397.9 USDT) and 0.618 (83,303.2 USDT).

Resistance levels: the first resistance zone 93,618 USDT - 94,950 USDT; the second resistance zone 95,340 USDT - 96,095 USDT.

ETH current support level
Support levels: The first support zone is 2,022 USDT - 2,055 USDT; the second support zone is 1,779 USDT - 1,835 USDT.
如果ETH继续跌至200美元以下,可能引发更多卖盘,因为会使更多投资者处于亏损状态,恐慌情绪spread,导致跟风抛售。
ETH-5.97%
BTC-4.28%
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