Ladies and gentlemen: Today is Wednesday, February 19, 2025, and I'm Wang Yibo. In this crypto world full of opportunities and challenges, real-time tracking of hot spots can accurately grasp the best transaction opportunities. The old rules, fans come to check in 👍, and those who like it make a fortune 🍗🍗🌹🌹

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Let's first look at the overnight dynamics of the U.S. stock market, where all three major indexes showed a slight upward trend. The Dow Jones Industrial Average rose by 0.02%, the Nasdaq Composite Index increased by 0.07%, and the S&P 500 Index rose by 0.25%. Meta performed poorly, with a drop of over 2%, ending its remarkable 20 consecutive rise; while Intel shone brightly, surging by over 16%, reaching a new high since August last year. However, the crypto market moved in the opposite direction to the U.S. stocks, facing a major liquidation in the futures market. Bitcoin prices plummeted sharply, hitting a low of $93,330; Ethereum also suffered, dropping to a low of $2,604. Other altcoins followed suit in the decline, each with varying degrees of decrease. Of note, LTC broke out with an independent trend, quickly rebounding after testing the $119 mark; in contrast, SOL continued to decline due to unlocking factors, testing as low as $160 before a slight rebound. It can be seen that news and market narratives are often key factors influencing the price movements of a cryptocurrency, so it is crucial to closely monitor the dynamic changes in the news going forward.
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Focusing on Bitcoin's intraday performance, it showed a volatile consolidation trend in a small range in early trading, and once rose in late trading, rising to $96,691, but encountered strong pressure at the high level, and then began to fall. Affected by the decline in U.S. stocks, the price of bitcoin continued to fall, and the lowest test to the $93,330 line before rebounding, and is currently running near the $95,500 line. From a short-term perspective, the market is trying to rebound after this wave of decline. From the point of view of technical indicators, the opening of the BOLL indicator channel has gradually turned from the previous expansion state to convergence, which clearly reflects that the market volatility is gradually decreasing. This situation indicates that the price of bitcoin is likely to consolidate around the mid-band in the near term. However, it is necessary to be wary that the current bulls' rebound force may be difficult to break through the strong suppression of the middle track.
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Next, let's take a look at the Ethereum market. After reaching a high of $2848, Ethereum experienced a pinching phenomenon, and is currently still oscillating within a small range, with the price basically falling back to yesterday's starting point. From the daily chart level technical analysis, the MACD indicator has been in a continuous bullish state for 5 days, but the price has not shown a significant increase. The future trend of Ethereum largely depends on whether Bitcoin will experience a false breakdown followed by a rebound. Currently, Ethereum has been testing the short-term support at $2600, but its rebound height is very limited. It is also necessary to pay attention to whether it will further decline to the $2350-2420 level. Currently, the selling pressure in the market is relatively strong, and the buying support is clearly insufficient, which determines that Ethereum's upward price movement will face significant pressure in the short term. As long as this supply-demand relationship and technical indicators do not show clear reversal signals, the high-short strategy still has a high feasibility and safety in the current market conditions. #SOL走势分析 #板块币种下跌，持有还是卖出？ #多种加密货币ETF申请中