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The BTC market was bumpy in February, with the BTC price plummeting from a high of $105,000 to $78,200 before rebounding to $84,000. After this sharp decline, the market momentum has weakened significantly, and the Shorts trend has also eased. Based on the current situation, BTC is likely to show a correction trend of wide range in the short term. In the trading operation on the weekend, you can refer to the range of 87000 - 82200 US dollars first, and focus on the short term trading strategy. The ETH market is full of rumors. Recently, Whale investors accelerated their withdrawal, and in just one week, more than 440,000 ETH were liquidated, causing the market sentiment to be extremely pessimistic, and the price of ETH fell below the $2,100 mark. What's more serious is that the ETH Fang Spot ETF saw an outflow of up to $94.3 million, of which BlackRock's ETHA contributed $68.4 million in large redemptions, which undoubtedly further exacerbated the market's dumping pressure. Although the current market sentiment is sluggish, the trend is showing a purge of longs, but this has also contributed to the exchange of chips in the early profit orders to a certain extent. From a long-term perspective, this adjustment is in line with the previous view that "the Bull Market is still ongoing". Looking ahead, the overall direction of the market is still upward, but the road ahead is destined to be full of twists and turns. Therefore, we must pay close attention to the subtle changes in the internal structure of the market and accurately grasp the deterministic buying points, so as to calmly respond to the complex and changeable market conditions.
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The White House Crypto Summit is approaching, and Trump will be a key variable? It is worth noting that the White House will host the first cryptocurrency summit on March 7, where President Trump will personally chair and deliver an important speech. It will bring together crypto industry leaders, investors, and members of the President's Digital Assets Task Force. There is a view that Wall Street and the Trump family may have already taken advantage of the low market to quietly absorb chips, and then it is very likely to use this summit to build momentum to attract the majority of retail investors, and then sell at a high level to make a profit. Faced with this potential situation, investors need to make a careful choice between becoming "smart money" with insight into opportunities or becoming "leeks" to be harvested. During this period, you can pay close attention to TRUMP, whose price may usher in significant fluctuations due to the news of the summit.
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Entering March, the cryptocurrency market presents both opportunities and risks. Faced with a rebound in the market, investors must not rush into the market blindly, especially when participating in contract trading. It is essential to strictly control the leverage ratio and not take excessive risks out of greed. In the midst of market volatility, high leverage is often the primary factor leading to liquidation, ultimately resulting in a loss. With the diverse range of cryptocurrencies in the current market and rapidly changing narrative cycles, the end of one narrative often signals the rise of a new one, and market sentiment quickly switches between fervor and coldness. Therefore, simply defining the current complex market situation as a "Bull Market" or "Bear Market" is clearly too one-sided. Investors must remain highly vigilant and comprehensively consider various factors in order to proceed steadily in this unpredictable market.