Crypto_YuanJie

After yesterday evening's news-driven trend reversal, Bitcoin and Ethereum experienced significant volatility and structural changes. Earlier in the morning, against the backdrop of a generally risk-averse macro environment, Bitcoin briefly dipped to support levels around 63,000-65,000, indicating that the bearish momentum was dominant; at this stage, short positions with high open interest and negative funding rates reflected a strong short-term bearish sentiment. Subsequently, the market consolidated within a range, repeatedly testing resistance levels between 66,000 and 68,000. As the US st

Today, Bitcoin and Ethereum overall show a pattern of "initial decline followed by a rally, with strong upward movement in the evening." During the early morning and white market hours, the market remained mostly volatile and weak. Bitcoin briefly dipped to around 65,000 before consolidating and fluctuating, failing to break through the 67,000 resistance level. Ethereum found support near 1,900, rebounding multiple times to around 1,950 but with limited momentum. In the evening, as the US stock market opened, especially after the Nasdaq experienced significant volatility, market sentiment for

After the morning session, Bitcoin's overall market trend shows a pattern of initial rally followed by a pullback, forming a volatile structure. During the early trading hours, bullish sentiment was strong, with the price gradually pushing up from around 66,000 and briefly reaching an intraday high of 67,082. However, near the 67,000 level, it encountered significant selling pressure and failed to break through effectively. Subsequently, the market experienced a technical pullback, with the price gradually retreating to 65,842, then consolidating around the 66,000 level with sideways movement.

Since last night, Bitcoin has shown a pattern of initial rebound followed by oscillating decline. During the US trading session, the price briefly found liquidity support around 65,500, prompting short-term bullish momentum to attempt an upward push, with a high above approximately 67,000. However, clear selling pressure above prevented a successful breakout, and the price gradually retreated into a range-bound consolidation. Currently, the market price is roughly between 65,500 and 66,000, with daily fluctuations between approximately 65,000 and 68,000. Trading volume has not significantly in

The overall trend remains a oscillating downward structure. The price started to decline around 1980, forming a stepwise decline pattern due to alternating weak rebounds and selling pressure, with bears continuing to dominate the short-term rhythm. Multiple attempts to rebound during the session failed to break through the resistance near 1950, and market momentum gradually weakened. Subsequently, the price further declined, briefly recovering after touching around 1905. Currently, the overall fluctuation range is concentrated between 1905 and 1950. Short-term trading volume has increased, but

The overall cryptocurrency market remains weak and volatile this week, with Bitcoin and Ethereum showing a "rise first, then decline" pattern. In the early part of the week, Bitcoin oscillated around $67,000, then experienced a rally that pushed it to a weekly high of $70,000. However, macroeconomic risk sentiment and capital outflows caused a rapid decline, with prices dropping to around $62,400 at one point during trading. A technical rebound followed, bringing prices back into the $66,000-$68,000 range for consolidation. During the same period, Ethereum showed relatively weaker performance,

After midnight, the overall cryptocurrency market shows a pattern of "deep retracement—technical rebound." Bitcoin experienced a rapid dip during the overnight trading session, with the price briefly falling to around 64,600. Subsequently, bullish funds entered the market to push a rebound, and the price regained the 68,000 level, currently consolidating above approximately 67,000. Ethereum's movement is largely synchronized with Bitcoin; after dipping to around 1,880 in the early hours, it rebounded and regained the $2,000 psychological level, with the intraday high approaching 2,054. Overall

After midnight, Bitcoin and Ethereum continue to show a weak downward trend. Bitcoin has been gradually declining from around 66,000, accelerating to test the bottom at 64,875 during the midday, and is currently consolidating weakly around 66,000, reflecting a technical structure where bullish buying pressure has waned and bearish pressure persists. Ethereum's trend is even weaker, with prices oscillating lower from early highs, dropping in tandem with Bitcoin in the afternoon, with a low of 1,885. It is currently barely holding above the 1,900 level, but the rebound strength is weak. In the p

Afternoon markets declined as expected, with the crypto market rallying and then pulling back, resulting in wide-range fluctuations. During the Asian trading session, Bitcoin's price attempted to push higher, briefly reaching the 68,000 level, but was subsequently held back by strong selling pressure around 68,500, preventing it from stabilizing. Currently, the price has retreated to around 66,000 and is consolidating. From the derivatives data, although short squeeze earlier led to nearly $400 million in positions being liquidated, the funding rates for contracts did not spike significantly w

Friends who follow me all know that recently, when it comes to market direction analysis, we have mostly been focusing on a bearish outlook. However, this doesn't mean blindly shorting or entering at arbitrary points. The main reason for the bearish bias is based on the larger cycle patterns of the market. After the monthly candle closes, the downward trend becomes quite clear.
In the short term, after testing the lower support levels, the market has experienced a typical rebound within the normal range. Therefore, we can still operate in the short term. Although I don't expect to catch every

From this morning's trading session to the present, Bitcoin has continued to face downward pressure, with the price oscillating between approximately 66,800 and 68,200. It has failed to break above the resistance level and stabilize, with a 24-hour high of about 68,689 and a clear downward trend under pressure at the lows, indicating insufficient bullish momentum in the short term. The 24-hour trading volume remains high, suggesting active market participation, but the structure is mainly characterized by weak oscillation. Ethereum also continues to show a weak consolidation trend, with the pr

Yesterday after noon, Bitcoin maintained a high-volatility oscillation followed by a weak downward trend. The price rebounded from previous lows, temporarily approaching the 68000-69500 range during short-term stabilization and rebound. It then continued downward until midnight, reaching around 66500. Driven by institutional ETF capital inflows and market sentiment recovery, the price repeatedly broke through short-term resistance levels within the day, but volatility significantly increased. The synchronized rebound of spot and futures markets, accompanied by numerous liquidation events, indi

Life has never had shortcuts. Others work silently for their dreams; you just haven't seen it. Stop making excuses for laziness and bravely move toward your dreams. The future version of yourself is hidden in your current efforts. Yesterday afternoon, the crypto market continued its decline, with Bitcoin gradually falling around 68,500, reaching a low of about 66,500 at midnight. Altcoins also showed weakness, with a nearly 100-point stepwise decline. The high-level strategy provided yesterday noon helped to steadily secure gains. With the Year of the Horse bringing new energy, we have already

During the period around the New Year, the cryptocurrency market experienced a three-stage evolution of "sharp deleveraging—weak volatility—technical correction." In early February, Bitcoin's price quickly rebounded from a low of around 60,000 to above 70,000, but the rebound was limited by a lack of confidence in the derivatives market, preventing further gains. In mid to late February, market sentiment shifted to caution, with Bitcoin mainly consolidating in the 68,000-71,000 range with decreasing volume. Multiple attempts to break above 71,000 on the daily chart failed, reflecting pressure

BTC experienced a sharp correction from a low point, dropping to around $62,800-$64,000, followed by a strong rebound to approximately $70,000, with sideways consolidation. During this period, short-term bulls were passively forced out due to liquidations and margin calls, and a large amount of perpetual contract funds were forcibly liquidated during the decline. Market fear indicators once reached extreme fear levels. ETH also experienced a 5–15% oscillation downward and subsequent recovery within this range, with intraday prices fluctuating around $2030-$2110, generally trending lower. The m

This week, the cryptocurrency market experienced a dramatic "stormy" decline, with a wave of market liquidations. Regarding Bitcoin, after trading sideways between $75,000 and $80,000 at the end of January, it entered a downtrend in February. February 5th marked a turning point, as the price broke below the $70,000 support level and accelerated downward, briefly plummeting to $60,062 on February 6th, hitting a 16-month low and retreating over 48% from the all-time high in October of last year. The intense volatility triggered massive liquidations; from February 5th to 6th alone, Bitcoin longs

The intraday cryptocurrency market experienced a dramatic shift from extreme panic to emotional recovery. Bitcoin's price once plunged over 13% in the early hours, approaching the psychological level of 60,000 for the first time since October 2024. Subsequently, the market saw a dramatic reversal after being oversold, with Bitcoin surging 13% on Friday, reaching a high of 71,751 and recovering most of the previous day's losses. The Ethereum market also rebounded strongly, successfully breaking through 2,100, with an intraday increase of up to 6.19%. This V-shaped reversal was mainly driven by

Both Bitcoin and Ethereum experienced technical rebounds within the day. Bitcoin recovered from its lows, reaching a high of 71451, while Ethereum temporarily rebounded to around 2090. However, this rebound was not accompanied by a substantial improvement in market sentiment. Key indicator contract funding rates on major exchanges still generally point to a bearish stance. Ethereum's annualized funding rate has even turned negative, reflecting a severe lack of bullish confidence, with shorts paying fees for holding positions—a rare situation. This suggests that the rebound is mainly driven by

The intra-day Bitcoin perpetual contract overall shows a wide-range, slightly weak trend; BTC price remains volatile within the approximately 66,000-74,000 range, with short-term downward pressure significantly increasing, pushing prices lower within 24 hours. Trading volume is high, and volatility has intensified, reflecting a temporary shift in market risk appetite toward caution. ETH is also under pressure, with prices breaking below recent support levels, remaining in a weak zone. Trading activity and open interest indicate a rebound in Ethereum derivatives market participation, but bullis