February 27, 2025 Cryptocurrency Update

Bitcoin (BTC)

Current Update: Bitcoin's price has rapidly fallen to around $82,200, with a 24-hour decline of about 4%, down 22.85% from January's peak, intensifying market panic. A large number of leveraged long positions have been liquidated (over $1 billion evaporated in three days), and U.S. Bitcoin ETFs have seen net outflows for six consecutive days, totaling $2.24 billion.

Macro Impact: Global tariff conflicts and U.S. technology export restrictions have weakened the market's preference for risk assets, leading to Bitcoin being prioritized for sale due to its high volatility. The continued outflow of ETF funds indicates a lack of confidence from both institutions and retail investors. Standard Chartered Bank points out that digital assets still rely on retail funds, making them vulnerable to risks.

Ethereum (ETH)

Recent Positive News: Goldman Sachs has significantly increased its holdings in Ethereum ETFs, from $22 million to $476 million, indicating institutional long-term positioning in ETH. Potential Risks: A decline in Bitcoin could drag down ETH, so it's important to monitor overall market liquidity changes and regulatory dynamics.

In summary, as we discussed yesterday, the trend is downward, so we should take short positions on rebounds and avoid the thought of bottom fishing—there is no bottom! Until a reversal signal appears, going short with the trend is the best choice. If there are no rebound points, it's better to stay put and observe the market than to make a wrong move.

From the high point of around $99,400 on February 21 to the current low of $88,200, this means a drop of 17,000 points in six days. If you didn't set a stop-loss, it would be hard to withstand. Therefore, I have always emphasized not to have a sense of luck; even if you have been right many times before, just one time holding a losing position can wipe you out. Of course, I know it's hard to advise those who are stubborn; this world is full of many hard-headed individuals.

Yesterday's article also analyzed that in this decline, BTC might see a price starting with 7. I am not being alarmist; I mentioned many days ago that breaking below the support of $95,000 would lead to a significant drop.

In the spot market, especially for altcoins, the situation is dire. Under a collapsed nest, how can there be intact eggs! Currently, it's best not to think about bottom fishing; let the bullets fly for a while.

For intraday contracts, pay attention to the low point of around $86,000 from yesterday. If the price reaches this level today, you can take a short position, with a stop-loss at $87,500 and a target of $83,000—$82,000.

For ETH, you can consider setting a short position around $2,500, with a stop-loss at $2,600 and a target of $2,300.

By the way, when you are trading, don't get too emotional. If your position hits the stop-loss point, trust me, cutting losses in time is your best choice. In terms of market conditions, both long and short positions have opportunities, but some people are blinded by the current market and end up making one-sided trades, chasing highs and cutting losses, and then in a one-sided market, they trade in a range, increasing their positions against the trend, ultimately getting a harsh lesson from the market. In this market, calm behavior often hides turbulent undercurrents; many friends operate blindly and often end up hurt. At any time, please believe that professional techniques will help you emerge from the shadows and move towards the light; professionals do professional work.

Market conditions change in real-time, and there may be delays in article publication. Strategy points are for reference only and should not be used as entry criteria. Investment carries risks, and profits and losses are your own responsibility. Daily real-time market analysis, along with experience exchange groups and practical trading groups, are available for real-time guidance. Evening live broadcasts will explain real-time market conditions.

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