Click on the link to enter the live stream: https://meeting.tencent.com/p/9309732027 BTC： The recent significant downward trend of Da Bing has led to the emergence of a high-level top structure, with a double top structure dominated by weekly and daily lines, and followed by a pullback to the 0.618 golden ratio position. Forming a second round of downward trend, the subsequent large pie will continue to operate at a high level, and after a short-term oscillation trend, it will fall again. Now we need to pay attention to the oscillation range of 99800-101800 for the pancake. If the high point within the range is short, the short-term pressure level is 101000, and the support level is 95650. ETH： Ethereum has experienced a significant decline this round, with the low point reaching the low point of the 2080 weekly three top structure interval. For future corrections, focus on the 3070 line first. The overall direction remains bearish in the future. You can choose to enter long-term high-altitude operations at 3070 in the future, with short-term pressure level at 2830 supporting level at 2560. Considering that there are signs of the formation of the daily triple top structure and the subsequent low point falling below 2000, Ethereum is cautious in taking more positions. Tencent Meeting Number: 930 973 2027 QQ group number: 123116768 Join the Fuxi Community and enjoy a variety of service offerings 1. Conduct market analysis for daily open courses and develop plans for matching orders and solving problems. 2. Join the member group to enjoy live streaming with orders in the evening; Fixed weekly technical course content. 3. Conduct three market analysis sessions in the morning, afternoon, and evening of the day, and engage in multiple intraday strategic trades. 4. "Price Behavior Trading", "Breakthrough ABC Trading Law", "Four Line Battle Method" 5. Use tactics such as "Gann's Angle of Power", "Fei's Wave Number Example", and "MACD" to deduce the future direction. Disclaimer: The above content only represents the author's personal views and is for communication and sharing purposes only. It does not represent the position or viewpoint of AICoin and does not constitute any investment advice or external contacts based on this. It is not related to AICoin and the consequences are borne by AICoin.
According to Nathan McCauley, CEO of Anchorage Digital, in his testimony at the U.S. Senate hearing on "Debanking," he stated that despite being a federally licensed cryptocurrency bank, Anchorage Digital was still denied services by the bank, resulting in business damage and even a 20% layoff. McCauley pointed out that between 2021 and 2023, US regulatory agencies will gradually pressure banks to stay away from the cryptocurrency industry, including OCC FDIC、SEC、 The multiple policies jointly issued by the Federal Reserve and others have made banks generally unwilling to cooperate with cryptocurrency companies. He emphasized that many cryptocurrency companies are unable to access basic banking services as a result, and some are even forced to shut down. McCauley urges Congress to legislate to ensure fair access to financial services in the cryptocurrency industry, and recommends revoking the joint statement of banking regulators in January 2023 to restore banks' normal service capabilities to the cryptocurrency industry.
According to BlockBeats, on February 5th, CryptoQuant released data on social media stating that it detected 31226 BTC flowing into address groups classified as "whale hoarding related" today. CryptoQuant founder Ki Young Ju explained that the influx of a large amount of Bitcoin into addresses related to whale hoarding can be interpreted as the act of storing Bitcoin in custodial wallets after over-the-counter trading.
Gold (XAU) is reaffirming its status as a safe haven asset amid ongoing fears of a U.S.-led trade war, while bitcoin (BTC) struggles to gather upside traction. The dynamic is driving the bitcoin-gold ratio lower.The ratio between bitcoin's USD price and gold's per ounce dollar price has dropped to 34, the lowest since Nov. 14, almost testing the previous peak hit in March 2024, data from charting platform TradingView show. It's down 15.4% since hitting a peak above 40 in mid-December.See all newslettersGold's year-to-date surge of nearly 10% to a per-ounce record price of $2,877 has been driven by safe-haven demand amid the escalating U.S.-China trade war, according to Reuters. The tariffs threat has dedicated metal products Comex futures prices trading substantially above the spot price in recent months. That has traders loading U.S.-bound planes with the yellow metal. The investment banking giant JPMorgan plans to deliver $4 billion of gold bullion to New York this month, according to The Guardian. Plus, Chinese demand for gold has surged due to the Spring Festival holidays.Meanwhile, inflows into U.S.-listed spot Bitcoin (BTC) ETFs have primarily come from traders engaging in non-directional arbitrage bets on BTC, according to 10x Research."The ETF buying could be offset by simultaneous spot or futures selling (unwinding of long positions), dampening any significant price impact," Markus Thielen, founder of 10x Research, said in a note to clients Monday, noting the $4 billion in inflows into the U.S. spot-listed ETFs since the release of the inflation data three weeks ago.
