As the holiday approaches its end, will the market enter a downward trend again?

CN
5 hours ago

Cryptocurrency News

February 23 Hot Topics;

1. Economist Timothy Peterson: Bitcoin still has structural upward potential, with an 88% chance of rising by the end of the year

2. OpenClaw founder: Official Discord group completely prohibits mentioning cryptocurrency, violations will result in bans

3. Wu Jihan responds to Bitdeer’s liquidation of Bitcoin: does not mean it won't hold in the future

4. Jupiter's vote to “reduce JUP net release to zero” passed, Jupuary airdrop will be indefinitely postponed

5. U.S. Trade Representative: U.S. bilateral trade agreements still valid after Supreme Court tariff ruling

Trading Insights

1. About Waiting (The Waiting) “Trading is mostly boring. If you feel excitement, then you're losing money.” Don't stare at the screen all day. Grabbing the screen and looking at it will just stare back at you and consume you. Good hunters spend most of their time waiting. They wait for the wind to change, wait for the moment the prey lowers its head to drink water. Don't stare at the market. Let the market hit you like a clueless drunk. When you have nothing to do, do nothing. Staying in cash is also a position. 2. About Stop Loss (The Cut) “Stop loss is your only friend. Though this friend may bite you sometimes.” Have the courage to admit your mistakes. Most people lack courage. Watching losses grow is like watching a wound fester, praying for a miracle. Miracles won't happen. Bad toes will. When you make a mistake, cut it immediately. Don't worry. Don't patch it. Pay the bill, try to learn a lesson, and then strive for honor. As long as the green mountains stay, there's no fear of firewood running out. 3. About Leverage (The Leverage) “Leverage is borrowed courage. It’s not yours.” In that crappy contract market, leverage is like poor-quality drugs. It makes you feel like you’re doing nothing, makes you feel smarter than the market. But it'll give you a headache when you're sober. Gamble with money you can afford to lose. If a trade keeps you awake at night, then you're betting too big. You can only win when you can sleep. 4. About News and Noise (The Noise) “Don't listen to them. They're selling newspapers, not selling truth.” In this circle, some people are calling out news, some are analyzing charts, some are bragging about insider information. Plug your ears. Just watch two things: price and volume. Price is fact. Volume is power. The rest—what macro analysis, what institutional upgrades—are usually lies or smokescreens for retreat. 5. About Essence (The Sea) “The market is like the sea. It is not cruel; it is just indifferent.” Don't be angry at the market. Don't try to take revenge on Bitcoin. It doesn't care about you. It doesn't even know you exist. If you were knocked over by a wave, it's because you didn't see the tides clearly, or your boat was too rotten. Accept it. Clean your wounds. Set sail again. 6. Awe of the Unknown (The Respect for the Unknown) “Only a fool believes he can master every candlestick. A wise man knows that when the wind will rise is dictated not by the weather station but by the sea.” Sometimes, you buy not because of a MACD golden cross, but because the coffee smelled right that morning, or the wind outside changed direction. Is this called metaphysics? No, this is called animal instinct. In the jungle, those who live the longest are not the strongest but the most aware of danger. 7. About Metaphysical Trading “There’s no need to hurry the sunrise. What’s meant to come will come. This is metaphysics, and Bitcoin is the same. It has its own timetable.” Don’t mock metaphysics. And those who try to use it to guess the next minute's ups and downs are just using a Holy Grail to hold urine. They don’t understand the way; they are just blinded by greed, and like the earlier news, what they say isn't the truth. This is all my insights. There’s nothing magical about facing formulas. There is only discipline and the elegance of facing this cold, harsh reality.

LIFE IS LIKE 

A JOURNEY 

Below are the live trading group's orders from the Big White community this week. Congratulations to the fellow crypto friends who kept up; if your operations are not smooth, you can come and test the waters.

Data is authentic, with screenshots of every order sent at the time.

Search public account:Big White Talks Cryptocurrency

Bilibili YouTube account:Daqian777

BTC

Analysis

The daytime decline should be attributed to two aspects. One is the re-adjustment of Trump's tariffs, which was mentioned over the weekend, causing slight fluctuations in risk markets. The market is mainly worried about uncertainty rather than a defined tariff. Current view, the cancellation of the IEEPA is certainly good news. In the long run, using tariffs as a conventional weapon won’t work for Trump.

The current series of combined tariffs has an upper limit; for example, the 15% from the Section 122 act is the limit, whereas during the trade disputes with China, rates of 30% and 40% showed up, so it certainly is better now. However, Trump will definitely look for compensations, resulting in other combinations of tariffs which might impact certain industries, leading to uncertainty.

This uncertainty results in short-term fluctuations. Additionally, the geopolitical conflict between the U.S. and Iran will also affect the market. However, these should all be part of the main narrative; the focus remains on liquidity and the Federal Reserve's monetary policy. Data indicates that although the change rate over the weekend wasn’t high, there have indeed been too many recent events. The chaos caused by tariffs and the increase in geopolitical conflicts may lead the market to continue fluctuating. However, the cancellation of IEEPA tariffs will definitely have positive implications in the medium to long term; only time will tell how the White House will handle the next steps.

Other data remains relatively normal. However, liquidity still has no obvious improvement; the help of tariffs to the Federal Reserve may also take time to manifest. The first half of this year remains challenging; market sentiment is very tense, and a collapse could occur in an instant. If it rebounds to the 65500-66300-66800 range, you may consider a short position, targeting down to 64350-62300.

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ETH

Analysis

Although a series of events have occurred recently, they can generally be divided into two types. One is based on tariffs; for instance, tomorrow the European Union is proposing to freeze the approval procedure for the trade agreement with the U.S., mainly due to Trump's tariff reversals. Let’s not even mention refund issues; the cancellation of IEEPA and Trump’s changes to the tariff laws are very complex matters: as the EU freezes, other countries may also raise objections one after another.

Secondly, there’s the geopolitical conflict: the conflict between Russia and Ukraine has yet to be resolved, and the relationship between the U.S. and Iran remains tense. At this moment, Iran and Russia have started arms deals worth 500 million euros in missiles and equipment, which has intensified the ongoing geopolitical conflict. Tomorrow we should see the market's reaction; it’s a tumultuous season, and if it rebounds to the 1890-1912 range, you may consider a short position, targeting down to around 1818-1750.

Disclaimer: The above content is solely personal opinion for reference only! It does not constitute specific operational advice, nor does it bear legal responsibility. The market is subject to rapid changes; the article may lag behind, so if you have any confusion, feel free to consult.

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