
北冥BTC|Mar 04, 2025 08:28
Today is March 4th, BTC price 83400
1. Yesterday's 4-hour off line short position could not be tracked, but Trump's announcement of increasing customs taxes and profits was unexpected, and the sharp decline of US stocks involved the currency circle
2. Today's market is not easy to operate, with many orders going against the trend offline and easily being led to collapse by the US stock market. Short orders have already fallen sharply, and the space is too small, unrelated to technology. Risk aversion is severe
3. There will be positive news for the White House cryptocurrency meeting on March 7th, reportedly related to taxation. Pay attention to the skyrocketing cryptocurrencies XRP ADA SOL TRUMP
4. Risks and opportunities coexist, and we attach great importance to these few days. To have a big market in the first half of the year, the policy will be implemented on March 7th
1. As of the time of writing, BTC closed at 83977, and I can only describe this trend as "nonsense". In yesterday's classification discussion, Huamen was mentioned, but it is a rare event. BTC's daily bullish line, ADA/XRP/SOL, led the charge, and other altcoins also followed suit. The healthy market was brought to a halt by a 4-hour level decline, leading to the collapse of the US stock market. Some currencies' prices have even fallen below the opening of the day before yesterday, leaving me speechless.
2. On the news front, Trump announced an increase in tariffs, causing panic in the US technology stock put option holdings and spreading to the secondary market of the cryptocurrency industry. Internal and external troubles led to this tragedy
3. The policy content will appear at the White House crypto conference on March 7, which concerns the key of the market in the first half of the year, risks and opportunities coexist. Pay attention to XRP ADA SOL TRUMP, which has soared. Trump has taken so much money from the currency circle, and hopes that there will be policy feedback. The organic rate is now washing up for the outbreak on March 7
4. Be prepared for a prolonged battle, low-level currencies are still cheap chips, and it's not easy to do long or short positions today. Long orders are offline counter trend orders, while short orders have already been smashed. In terms of operation, if the spot position is suitable, altcoins can drop 5-7% from the morning low and be put on a spot order to quickly buy and sell and rebound. BTC short-term pressure level 97170~98330, short-term support level 80750~78590
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