Track real-time hot topics in the currency circle, seize the best trading opportunities, today is Monday, February 17, 2025, I am Wang Yibo! Good morning everyone in the currency circle ☀️ Iron fans check in 👍 Like and make a fortune 🍗🍗🌹🌹

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The crypto market has been trading sideways for three consecutive months, as if it is in a state of stagnation. Many people cannot help but ask: Will the market continue to decline, or will it suddenly erupt at some point and usher in a miraculous rise? This is not only a technical chart issue, but also involves multiple factors such as market sentiment, fund layout, and macroeconomic changes. The sideways movement may be a phase of building up momentum. Many institutional investors are quietly positioning themselves at low levels. Once the market receives positive news, Bitcoin may quickly rise, initiating a new bull market. The global economic environment and policy changes are also continuously affecting market trends. The recent clarification of the Russia-Ukraine ceasefire, coupled with the significant rise in the latest U.S. inflation, has led to a substantial cooling of market expectations for a Fed rate cut, which is also an important reason for the recent stagnation of coin prices. However, with a slew of bearish factors landing, the market outlook is generally positive, and what is being tested now is the patience of holders!
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Over the weekend, the market trading sentiment tends to be cautious, with most of the market trading sideways. Bitcoin is running around 96500. Recently, the price of Bitcoin has been repeatedly fluctuating within the range, without giving an effective breakthrough. The daily chart has been continuously switching between positive and negative, and each rebound is met with suppression, with buying pressure and selling at high levels. Under the background of high-volume selling pressure, if it fails to break through the key resistance level in the short term, there is still an expectation of a downward trend. In the short term, the pressure on Bitcoin is still concentrated around 98500, with support at 95000. The market has been in a sideways consolidation trend recently, with no significant fluctuations in hourly trading volume, reflecting a strong wait-and-see atmosphere; the daily trading volume has also shrunk, and both long and short sides are in a stalemate. Therefore, the short-term operational strategy is to maintain a oscillating mindset and wait for market changes.
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Ethereum is consolidating around 2680. The overall market situation is forming a trend of consolidation and accumulation. On the four-hour chart, the coin price is oscillating near the middle Bollinger Band, with short-term fluctuations limited to a specific range. Considering the situation of Yin and Yang interlacing on the daily chart, short-term fluctuations may form a tug-of-war within this range. However, from a structural perspective, the bullish momentum is still firmly favored, and it is expected that the rebound after repeated probing will dominate. The current coin price is hovering near the middle band, and it is recommended to be actively long in the morning for operations.

#Crypto Downturn: Hold or Sell?