3.12 The price of Bitcoin dropped to around 76,000, then rebounded by more than 5%. CBOE submitted a proposal to allow Fidelity to stake Ethereum ETFs.

CN
10 hours ago

Cryptocurrency News

March 12 Hot Topics:

1. Solana network proposal SIMD-228 has reached the required number of votes, with a current support rate of 71.85%.

2. Bitcoin Magazine CEO: The implementation of the U.S. strategic Bitcoin reserve will be "much tighter than the market expects."

3. The House of Representatives passed a resolution to overturn IRS DeFi rules, with the Senate needing to vote again.

4. Franklin Templeton applies for an XRP ETF, coinciding with a surge in altcoin ETFs.

5. Trump reassesses whether to raise Canadian steel and aluminum tariffs to 50%.

Trading Insights

Trading is a lifelong career; do not fantasize about getting rich overnight. Only a steady flow is a stable and healthy trading mindset. Heavy rain comes quickly, and so does sudden wealth, but losses can also come just as fast. Profits should be a continuous stream, steady and unhurried. Profit is luck or an occasional windfall; it is not your effort but what the market gives you.

LIFE IS LIKE

A JOURNEY ▲

Below are the actual trading signals from the Big White Community this week. Congratulations to those who followed along. If your trades are not going well, you can come and test the waters.

The data is real, and each trade has a screenshot from when it was sent out.

Search for the public account: Big White Talks Coins

BTC

Analysis

Bitcoin's daily line rose from a low of around 76,600 to a high of around 83,650 yesterday, closing around 82,950. The support level is around 78,600; if it breaks, it could drop to the MA360 yearly line. A pullback can be used to buy near this level. The resistance level is around MA14; if it breaks, it could rise to around 88,400. A rebound to this level can be used to short. MACD shows a decrease in bearish momentum. The four-hour support level is around 80,650; if it breaks, it could drop to around 78,400. A pullback can be used to buy. The resistance level is around MA30; if it breaks, it could rise to around MA90, and a rebound to this level can be used to short. MACD shows an increase in bullish momentum, forming a golden cross. A short-term buy can be made near 78,600, with a rebound target around 81,300. A mid-term buy can be made near 75,200-74,300, with a rebound target around 85,400. A rebound to around 88,400 can be used to short, with a target around 84,100-81,700.

ETH

Analysis

Ethereum's daily line rose from a low of around 1,755 to a high of around 1,965 yesterday, closing around 1,925. The support level is around 1,815; if it breaks, it could drop to around 1,700. A pullback can be used to buy near this level. The resistance level is around the MA7 moving average; if it breaks, it could rise to around MA14. A rebound to this level can be used to short. MACD shows an increase in bearish momentum. The four-hour resistance level is around MA14; if it breaks, it could rise to around MA30. A rebound to this level can be used to short. MACD shows a decrease in bearish momentum and signs of forming a golden cross.

Disclaimer: The above content is personal opinion and for reference only! It does not constitute specific trading advice and does not bear legal responsibility. Market conditions change rapidly, and the article may have some lag. If you have any questions, feel free to consult.

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