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Repost, track real-time hotspots in the currency circle, seize the best trading opportunities. Today is Monday, March 3, 2025. I am Wang Yi Bo! Good morning, coin friends ☀ hardcore fan check-in 👍 like and make a fortune 🍗🍗🌹🌹
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A new day, a new beginning. The crypto market is like an unpredictable fantasy world, with new hot spots popping up every day. Looking back on last night's market trend, many people's faces are full of consternation. Yibo mentioned many times in the live broadcast room and news that the cold spring in February is about to go away, and the full spring in March is coming. At this moment, the mood of friends can be described as polarized. Those who endured the pain of cutting their flesh yesterday or a few days ago have an indescribable feeling in their hearts; And those who see the trend and enter the market decisively are immersed in spring-like excitement. March 7 is an extremely critical time window, but Lao Chuan couldn't wait to call the order in advance last night, which is also in line with his usual personality. In this magical crypto market, it's important to keep an eye on the news side. At present, the scale of "floating inflows" in the market is considerable, which clearly shows that the main funds are still being deployed, and the sentiment of retail investors is also rising. After the price rises rapidly in a short period of time, the pullback is limited and takes a very short time, which is undoubtedly a typical bullish strength characteristic. In short, the main funds test the market selling pressure with the help of a rapid rally, and when they find that the selling strength is within a manageable range, they tend to push the price up further. The current market sentiment is optimistic, which means that the buying force below is still strong, and every time the price falls, there are funds rushing into the market to support the bottom.
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Bitcoin showed a unilateral downward trend last week. After hitting a low of 78200 on Friday, it started a rebound journey. Despite the calm Sunday night, the market surged vigorously, rising by 10,000 points in one go. Coupled with Saturday's rebound, Bitcoin rose by about 14,000 points over the weekend, climbing from 85000 to 95000. Combining the previous downward trend, the significant fluctuations of first suppression and then rise have basically cleared the market of excess profits. With the alternation of the monthly and weekly charts, the previously dormant bull market has once again awakened. From a technical perspective, the daily chart shows a strong three-day consecutive rise, piercing through the middle track; the weekly chart has a long lower shadow. After breaking through and stabilizing above the key level of 91500, the trend has completely turned from bearish to bullish. Although there may be some retracement in the meantime, it has not had a substantial impact on the overall trend, and the rhythm still shows a continuation of the repair. In the four-hour timeframe, after experiencing narrow-range oscillations and consolidation, the price quickly regained lost ground and surged after a dip. The bullish volume remains well arranged, and the operating channel shows signs of opening up flatly. The oscillation consolidation of the small cycle has accumulated reversal power for the bulls. In the short term, the focus is on the pressure situation around the 95500 level. Given the evident limitation of the downward probing intensity in the short term, the expected retracement space should not be too significant. For the next trading strategy, it is recommended to focus on going long at low levels.
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Ethereum also saw a breakthrough in bullish volume in the early morning, experiencing a rapid surge. After a slight retreat to the 2175 level in the late session, it quickly initiated a strong rally, reaching a high of 2551.75. From a technical analysis perspective, its operating channel is showing a slight narrowing. After experiencing a significant downward probe, the price slowly regained lost ground through oscillating consolidation, showing a gradual upward trend overall. During the recovery process, it demonstrated strong resilience, completely recovering last week's decline in just a few hours. Although one should not blindly guess the top in the trend, one should also beware of short-term local high retracements. Profit-taking at high levels may lead to concentrated profit-taking and is likely to trigger a rapid retracement and washout, so be sure to pay attention to this market rhythm. In the short term, Ethereum is expected to continue probing higher with a slow rising trend. Due to the increase in volatility, the market's tug-of-war space has also expanded. In this slow rising phase of shorting pressure, the market is most prone to washouts. In terms of operations, going long on pullbacks in line with the trend, while also attempting short positions at high prices, the key is to accurately grasp the entry points.
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Last night, the most dazzling in the market was SOL. Influenced by factors such as the early unlocking and compensation for the FT-X auction, the price of the currency has been declining all the way. However, SOL showed strong upward momentum in the evening, testing as high as 179. With the gradual digestion of the negative impact of unlocking, coupled with the expectation of ETF in the secondary market, the outlook for its market remains positive. For long-term spot investors, they can continue to hold with confidence. The SOL ecosystem, chain game YGG, TRUMP, and some altcoins have all shown varying degrees of gains. With the overall market warming up, spot holdings in the early stage can be properly reduced according to the real-time market conditions.