BTC is in a downtrend, not recommended to blindly catch the bottom:

1. The market is highly uncertain. Although there may be technical support, the factors that triggered this decline, such as security incidents and macroeconomic uncertainties, still exist, which may lead to further declines. In addition, retail investors are relatively weak in terms of information and risk tolerance, and blindly catching the bottom may lead to heavy losses.
2. The cryptocurrency fear and greed index dropped to 21, and the market is filled with fear. 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 was 935 million US dollars, setting a record for the largest single-day outflow in terms of both USD and Bitcoin since the product was launched, with significantly reduced institutional demand and participation.
4. From a technical perspective, there is a CME futures gap near $80,000. Although there is some psychological support, purely from recent technical analysis, it is not a key support level. If the bearish momentum in the market continues, it may test below $80,000.

BTC's major 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: 93,618 USDT - 94,950 USDT; 第二压力区域95,340 USDT - 96,095 USDT。

ETH 当前支撑位
Support levels: The first support zone is 2,022 USDT - 2,055 USDT; the second support zone is 1,779 USDT - 1,835 USDT.
If ETH continues to fall below $2000, it may trigger more selling pressure, as it would put more investors in a loss-making position, spreading panic and leading to panic selling.