Crypto Circle News
February 23 Hot Topics:
1. Trump's tax increase causes market turmoil, with a total liquidation of $880 million across the network in 12 hours.
2. Due to U.S. tariffs, the Canadian dollar has fallen to its lowest level since 2003.
3. CryptoQuant CEO: Meme coins with practical uses and mature systems may emerge in the future.
4. Polygon Courtyard accounted for 60% of Polygon NFT trading volume in January.
5. The total supply of USD0 has decreased by 36.4% over the past month and a half since its peak.
Trading Insights
- In the crypto circle, prices rise and fall together; in a bull market, increases do not require value support, just a reason to rise.
- Don't discuss beliefs with altcoins; if you need to cut losses, do it.
- Time is a friend of Bitcoin but an enemy of altcoins.
- The value foundation of altcoins lies in continuous innovation; once innovation stagnates, value will collapse. The value foundation of Bitcoin is its immutability; being trapped in Bitcoin will eventually have a way out, but altcoins may not.
LIFE IS LIKE
A JOURNEY ▲
Below are the real trading signals from the Big White Community this week. Congratulations to the friends 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 the time it was issued.
Search for the public account: Big White Talks Coins
BTC
Analysis
Bitcoin's daily line fell from a high of around 101,500 to around 96,150 yesterday, closing around 97,700. The support level is around 92,500; if it breaks, it could drop to around MA120. A pullback can be used to buy near this level. The resistance level is around MA60; if it breaks, it could rise to around MA7. MACD shows an increase in bearish momentum. The four-hour support level is around 90,800; a pullback can be used to buy near this level. The resistance level is around MA7; if it breaks, it could rise to around MA360. MACD shows an increase in bearish momentum.
ETH
Analysis
Ethereum's daily line fell from a high of around 3,165 to a low of 2,735 yesterday, closing around 2,870. The support level is around 2,400; if it breaks, it could drop to around 2,350. A pullback can be used to buy near this level. The resistance level is around MA200; if it breaks, it could rise to around MA360. MACD shows an increase in bearish momentum, forming a death cross. The four-hour resistance level is near the MA7 moving average; if it breaks, it could rise to around MA14. MACD shows an increase in bearish momentum. Short-term buying can be done around 2,403-2,338, with rebound targets around 2,590-2,700.
Disclaimer: The above content is personal opinion and for reference only! It does not constitute specific operational advice and does not bear legal responsibility. Market conditions change rapidly, and the article has a certain lag. If you have any questions, feel free to consult.
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