AI interpretation of K-line: Non farm is approaching, BTC shows a downward triangle pattern in the 45 minute cycle

In a recent Schedule 13G filing, BlackRock (BLK) disclosed that it now owns 5% of Strategy (MSTR), equivalent to approximately 11.2 million shares. This marks a 0.91% increase from its previous 4.09% ownership as of September 30, 2024, according to Yahoo Finance. See all newslettersA Schedule 13G is filed when an investor acquires more than 5% of a publicly traded company’s stock but does not intend to influence or control the company. Institutional investors must file within 45 days after year-end or within 10 days if ownership exceeds 10%.Since BlackRock’s filing date was Dec. 31, 202.4, the firm had until Feb. 14 to disclose its position.In related news, Strategy’s perpetual preferred stock (STRK) began trading on the Nasdaq on Thursday. According to TradingView, STRK closed the day up 2% with over 650,000 shares traded. The stock continues its upward momentum, now up 5% pre-market.

Want to quickly grasp market trends and accurately capture buying and selling points? AI intelligent interpretation of K-line function, one click scanning of market trends, helping you gain insight into market trends! ✔ Intelligent analysis of K-line patterns and identification of key trend inflection points; ✔ Deeply analyze technical indicators and quickly analyze market trends; ✔ Accurately mark potential buying and selling points to reduce the risk of blind trading. According to the latest interpretation, BTC has shown a downward triangle shape in the 45 minute custom cycle, while the main selling pressure has increased, technical indicators are bearish, and short-term consolidation is the main trend. Attention should be paid to the risk of pullback, and the potential buying and selling points are: Buy point: 96150 USDT (Near recent low, may form support, and near the lower edge of the downtrend triangle, there is a possibility of rebound.) Long stop loss point: 95676.64 USDT (Breaking below recent lows, confirming the continuation of the downward trend and avoiding greater losses.) Sell point: 99120 USDT (close to recent highs and near the upper edge of the downtrend triangle, with selling pressure risk.) Short Stop Loss Point: 100777.93 USDT (Breaking through the recent high indicates the possibility of breaking through the downtrend triangle and reversing the trend upwards.) Whether you are a novice or a professional trader, AI interpretation of candlesticks can help you make faster decisions and seize market opportunities! Special statement: The above interpretation is for reference only!

Tonight at 21:30 (UTC+8), the United States will release its non farm payroll data for January, and the market expects the number of new non farm jobs to reach 170000, lower than the previous value of 256000; The expected unemployment rate is 4.1%, unchanged from the previous value. Previously, Powell had publicly stated that the labor market and wages were no longer the main causes of inflation. In other words, if the labor market remains stable, that is, the number of new non-agricultural employment remains within 170000 to 200000, and the unemployment rate remains stable or lower than before, it is unlikely to stimulate market risk aversion. According to CME FedWatch data, the probability of the Federal Reserve keeping current interest rates unchanged until March is 85.5%, and the probability of cutting interest rates by 25 basis points is 14.5%. Before and after the data is released, the market fluctuates greatly, please take good risk control measures!

ETH has declined, with a trading volume of 33.9 billion US dollars in the past 24 hours and a circulating market value of 331.8 billion US dollars, representing a 0.97% decrease in market value. Data for reference only

One bitcoin (BTC) holder metric is pointing to price growth in the months ahead even as activity on the blockchain falls to its lowest in a year, a CryptoQuant analysis noted this week.The firm’s Bitcoin Network Activity Index has been down 15% since November 2024’s record high and stands at 3,760 as of Friday morning, its lowest level since February 2024. The index is a cumulative measure of active addresses, number of transactions, block size and fees among other bitcoin metrics to indicate growth or a drop in Bitcoin usage.See all newslettersA drop in activity was marked by a sharp decline in the number of transactions. The total daily number of transactions is 346,000 as of Friday, down 53% from a high of 734,000.Low network activity is also evident in the Bitcoin mempool, or a collection of all unconfirmed Bitcoin transactions waiting to be included in a block by miners. Mempool volumes plummeted from a high of 287,000 in December to just 3,000 as of Thursday, a slide of nearly 99% to levels not seen since March 2022.CryptoQuant said lower use of Runes Protocol, a relatively new way to issue fungible tokens directly on Bitcoin, may be behind the plunge.“The decline in Bitcoin’s network activity can be mostly explained by the collapse in the use of the RUNES protocol to mint tokens on the Bitcoin network,” it said. “This is evident in the total daily number of OP RETURN codes in Bitcoin transactions, which the RUNES protocol uses to write data about token mints and transfers on the network.“When the RUNES protocol emerged in April 2024, the daily number of OP RETURN codes spiked to 802K. However, the number of OP RETURN code has plummeted since, with only 10K OP RETURN codes used,” the firm added.However, the drop in activity may not directly affect bitcoin prices, which are seen as likely to grow because demand from long-term accumulator addresses has increased in recent weeks.Bitcoin Permanent Holder demand is accelerating.Historically, this signals strong confidence and often precedes rallies. pic.twitter.com/o2xPydbUhiFebruary 7, 2025Such a spike is historically associated with a rally in the BTC price and signals the overall perception of the asset as an investment asset, or store of value. Permanent holders are addresses that accumulate BTC over time and never engage in spending transactions, indicating a long-term holding strategy that creates a lack of sell-side pressure.