Crypto Circle News
February 16 Hot Topics:
1. Presidents and official accounts of various countries have started issuing their own coins. The world has gone crazy; some countries can't even earn 1 billion a year, yet issuing a coin gives them a market value of 2 billion, and people still think it's cheap.
2. CryptoQuant community analyst Maartunn stated that the inter-exchange liquidity pulse (IFP) indicator for Bitcoin has turned bearish.
3. U.S. Senator Cynthia Lummis stated that she encourages people to buy, hold, and "save Bitcoin for retirement."
4. Data shows that 24 traders lost over 1 million dollars on LIBRA, with the largest loss exceeding 5 million dollars.
5. David Sacks, the cryptocurrency head for U.S. President Trump, stated that "some important announcements" regarding digital assets will be "released soon."
Trading Insights
Why might most people never own 1 Bitcoin? The total supply of Bitcoin is fixed at 21 million, with about 19.9 million already mined. However, 3 to 5 million may be permanently lost, leaving only about 16 million in actual circulation, with around 1.1 million yet to be mined. Its distribution is extremely uneven, with Satoshi Nakamoto, the top ten holders, various institutions, publicly listed companies, governments, and private companies holding large amounts of Bitcoin. Approximately 3.1 million Bitcoins have been permanently removed from circulation, leaving less than 6 million truly available for distribution among 8 billion people, which means only 1 in every 1333 people can own 1 Bitcoin. Currently, only 839,839 addresses hold 1 or more Bitcoins, and over 90% of wallets hold less than 0.1 Bitcoin. Therefore, most people may never own 1 Bitcoin, and its scarcity makes acquisition increasingly difficult. It is recommended that you "get rid of zero" as soon as possible; even purchasing a small portion can secure a place in future wealth growth. Whether for retirement or inheritance, choosing BTC is a good decision.
LIFE IS LIKE
A JOURNEY ▲
Below are the real trading group orders from the Big White Community this week. Congratulations to those who followed along. If your trades are not going well, you can come and try it out.
The data is real, and each order has a screenshot from the time it was issued.
Search for the public account: Big White Talks About Coins
BTC
Analysis
Bitcoin's daily line rose from a low of around 97,200 to a high of around 98,000 yesterday, closing around 97,600. The support level is around 96,750; if it breaks, it could drop to around 94,850. A pullback can be used to buy near this level. The resistance level is around MA60; if it breaks, it could rise to around MA30. The MACD shows a decrease in bearish momentum and has signs of forming a golden cross. The four-hour support level is around MA30; a pullback can be used to buy near this level. The resistance level is around 98,750; if it breaks, it could rise to around MA360. The MACD shows a decrease in bullish momentum.
ETH
Analysis
Ethereum's daily line fell from a high of around 2,740 to a low of around 2,660 yesterday, closing around 2,695. The support level is around 2,620; if it breaks, it could drop to around 2,560. A pullback can be used to buy near this level. The resistance level is around 2,795; if it breaks, it could rise to around 2,885. The MACD shows an increase in bullish momentum and has formed a golden cross. The four-hour chart is oscillating flat, with the resistance level around MA90; if it breaks, it could rise to around MA120. The MACD shows an increase in bearish momentum.
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.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
