In recent days, the performance of the Bitcoin market has been concerning, with prices fluctuating between $83,000 and $88,000, down about 7.15% in the past week. The CPI data for February released yesterday was lower than expected, which is favorable for the Fed to cut interest rates later. Originally, it was expected to have a decent rebound, but the trend of Bitcoin is still too weak, not even filling the gap at 86500, showing strong bearish sentiment in the market. From a technical perspective, in recent days, there has been a double bottom pattern in the trend of Bitcoin, which is a common reversal signal. The current price has formed a potential double bottom near $83,000, and if it can break through the $88,000 resistance, there will be a significant rebound. From a policy perspective, if the Fed hints at starting a rate-cutting cycle at the meeting on March 19, it may further stimulate the demand for risk assets, thereby driving a big wave of the market for .
Regarding my concealed investment portfolio, it mainly consists of $BTC $GT $XRP. $ETH has a weak trend, so it is not recommended for a large position allocation. Buy the dips and wait for the positive news on the 19th to be in place. To the moon in an instant!!
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#加密投资组合
In recent days, the performance of the Bitcoin market has been concerning, with prices fluctuating between $83,000 and $88,000, down about 7.15% in the past week.
The CPI data for February released yesterday was lower than expected, which is favorable for the Fed to cut interest rates later. Originally, it was expected to have a decent rebound, but the trend of Bitcoin is still too weak, not even filling the gap at 86500, showing strong bearish sentiment in the market.
From a technical perspective, in recent days, there has been a double bottom pattern in the trend of Bitcoin, which is a common reversal signal. The current price has formed a potential double bottom near $83,000, and if it can break through the $88,000 resistance, there will be a significant rebound.
From a policy perspective, if the Fed hints at starting a rate-cutting cycle at the meeting on March 19, it may further stimulate the demand for risk assets, thereby driving a big wave of the market for .
Regarding my concealed investment portfolio, it mainly consists of $BTC $GT $XRP. $ETH has a weak trend, so it is not recommended for a large position allocation. Buy the dips and wait for the positive news on the 19th to be in place. To the moon in an instant!!