Come on! Help the army replenish health. 🧧🧧🧧🧧🧧🧧 Today's cryptocurrency market analysis for Bitcoin (BTC) and Ethereum (ETH):
📉 Bitcoin BTC weakened yesterday, with the price once dipping to around 60,008 USD, the recent lowest point, and then slightly rebounding to around 65,000 USD; overall, it remains influenced by selling pressure in tech stocks and adjustments in risk assets, with market sentiment leaning weak, and short-term support around the 60k–65k range.
📉 Ethereum ETH is similarly under pressure, with the price hitting a low of around 1,751 USD, currently returning to the range of about 1,890–1,920 USD; the significant decline indicates a clear short-term outflow of funds, and the technical aspect needs to observe whether the 1.7k–1.8k support holds.
Overall, both BTC and ETH have seen deeper corrections today under selling pressure, with short-term support testing ongoing, and investors still leaning towards risk-averse sentiment. #加密市场回调 $BTC {future}(BTCUSDT)
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Drunk, I light the lamp and post a message, dreaming of the bugle sounds in the crypto world. Eight hundred li stretch across the battlefield, fifty strings play the mournful sounds of the frontier. On the battlefield, autumn falls upon the retail investors. $BTC
{spot}(BTCUSDT)
Drunk, I light the lamp and post a message. In my dream, the bugle sounds in the crypto world. Eight hundred li stretch across the battlefield, fifty strings play the mournful sounds of the frontier. On the battlefield, autumn falls upon the retail investors.#Crypto market correction
BTC has dropped below 70,000, but I believe that dawn will eventually come. The next step is a long journey ahead, and opportunities lie ahead. Let's move forward together $BTC {spot}(BTCUSDT)
#全球科技股抛售冲击风险资产 The inventor of cryptocurrency trading for publicly traded companies, Saylor, persuaded Trump to create a national reserve of Bitcoin, let's have some fun with the hype. #加密市场回调 When it was impressive, MSTR purchased the most Bitcoin, and being bullish on Bitcoin allows you to buy this stock in the U.S. stock market; a small company has a market value of over $100 billion relying on buying coins. The strategy is simple: Bitcoin will always rise, continually issuing bonds to borrow money for buying and holding. There are 200 publicly traded companies mimicking this in the U.S. stock market, including those in the OTC market. On December 21, 2024, Michael Saylor, the founder of cryptocurrency trading methodology, submitted the proposal "U.S. Digital Asset Framework, Principles, and Opportunities," #沃什美联储政策前瞻 requesting the creation of a U.S. Bitcoin reserve. On March 6, 2025, Trump signed the "Establishment of Strategic Bitcoin Reserve and U.S. Digital Asset Reserve," and it actually happened, with 200,000 Bitcoins already. #美国政府部分停摆结束 Saylor said that he suggests the U.S. government buy 5%-25% of Bitcoin, which could create a wealth of $16 trillion to $81 trillion by 2045, and the issue of national debt is nothing significant. The market value of Bitcoin is $200 trillion, with the U.S. government holding 25% worth $50 trillion, and MSTR's market value could reach several trillion. #美联储何时降息? However, contrary to expectations, U.S. Treasury Secretary Yellen said they would not buy Bitcoin. Those 200,000 Bitcoins were confiscated. MSTR originally wanted the U.S. government to purchase a few million coins to raise their profile, but if they can confiscate, why buy coins? Who is really fooling whom? The Trump family strongly supports cryptocurrency; is it for profit-sharing or just speculation? The result aligned with the natural law should be that Bitcoin, according to the long-term trend, falls to the lower bound of 35,000. MSTR was sued for selling coins to repay debts, losing $40,000 on each coin, and with 710,000 coins, they lost $30 billion, leading to bankruptcy liquidation, trading coins until bankruptcy. $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) $XAU {future}(XAUUSDT)