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ETH 15-minute level has been quite standard during this period.
After a quick drop to around 1810 in the morning session, it rapidly rebounded, breaking through the moving average resistance with increased volume. MA7 has crossed above MA25 and MA99, indicating a strengthening short-term structure. Currently, the price is oscillating in the range of 1845-1860, which is a consolidation after the rise.
A few reference points: • Support below: 1835 / 1840 (near MA25, MA99) • Strong support: 1810-1820 area • Resistance above: around 1860, if broken, look for 1880
Structurally, it appears to be a high-level oscillation after a rebound; if it can stabilize above 1860 with increased volume, the upper space will open up; if it breaks below 1835, a short-term backtest may confirm.
The rhythm is slightly oscillating and strong, but don't chase highs; waiting for a backtest is more comfortable. From a short-term perspective, look at the structure; from a medium-term perspective, see if 1800 is stable.
This is only a record of the trend and does not constitute advice. $
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$BTC {spot}(BTCUSDT) $SOL {spot}(SOLUSDT) Overview of Binance Square + Blockchain + Meme Sector in the Last 3 Days (300 words version)
In the last 3 days, the heat in Binance Square has concentrated on large transfers by BTC whales and the significant market downturn, with over 130,000 contract liquidations, leading to intense market panic and bottom-fishing sentiment. The final review for the stablecoin license in Hong Kong has been approved, and it will be issued in March, making it a core hotspot in the compliant track, with RWA and AI computing power directions drawing significant institutional attention. LayerZero received strategic investment from Tether, and topics around cross-chain and new public chain ecosystems continue to heat up.
In terms of the blockchain industry, BTC has undergone a deep correction, losing key price levels, with continuous net outflows from ETFs, compounded by macro factors causing market volatility. The EU's crypto regulation and ThunderCore ecosystem adjustments have also sparked industry discussions.
The Meme sector exhibits strong community-driven characteristics, with new coins experiencing dramatic rises and falls driven by AI and new-generation concepts, creating a strong atmosphere for short-term speculation. Established consensus coins rely on community lock-ups and protective consensus to counteract declines, with the community shifting from blindly speculating on new projects to emphasizing long-term consensus. Overall market sentiment is highly volatile, with funds concentrating on high-consensus, strong community projects, intensifying competition among small projects, and community autonomy and capital gaming becoming core logic.
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The US Supreme Court ruled that Trump's $175 billion tariffs are illegal. As soon as the news broke, Bitcoin surged briefly to $68,000! With a shift in macro policy, the crypto market reacted swiftly, and BTC continues to 🔥 be the core driving force in the crypto market 📈 #宏观经济 $BTC
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🧧🧧🧧🧧🧧🧧 The cryptocurrency market rebound is once again obstructed by selling pressure, leading the market into a 'contraction' dilemma.
Today's overall market shows a contraction in volume, and the short-term rebound clearly lacks sustainability. According to the Wintermute research report, due to the continuous decline in spot trading volume, the market dominance has shifted to leveraged funds, resulting in significant price volatility without direction. Bitcoin has been unable to stabilize after breaking through $68,000 and is currently fluctuating around $67,000. Ethereum and major altcoins are similarly facing the predicament of 'not being able to rise,' as bulls attempt to counterattack but encounter key resistance levels. On the macro level, there is a lack of clear signals, coupled with the market's absence of structural buying power to absorb selling pressure, leading some traders to view every rebound as an opportunity to reduce positions. In the short term, the market is likely to continue fluctuating within a range, with $70,000 still being a strong resistance level.