Tracking real-time hotspots in the cryptocurrency circle, grasping the best trading opportunities. Today is Friday, February 7, 2025. I am Wang Yibo! Good morning, everyone ☀ Hardcore fan check-in 👍 Like and make big money 🍗🍗🌹🌹

💎
💎
Overnight, the three major U.S. stock indexes closed mixed, with the Dow down 0.28%, the Nasdaq up 0.51%, and the S&P 500 up 0.36%. Most large-cap tech stocks rose, with the CME's 'Fed Watch' showing an 85.5% probability of the Fed maintaining interest rates in March and a 14.5% probability of a 25 basis point rate cut. The probability of maintaining the current rate in May is 61.1%, with cumulative probabilities of a 25 basis point cut at 34.7% and a 50 basis point cut at 4.1%. Keep an eye on the non-farm payroll data to be released at 21:30 on Friday night. Although the focus of the entire market is currently on the looming threat of tariffs, is the non-farm payroll data still important? Absolutely, as non-farm payroll data is a key employment indicator for the U.S., influencing the Fed's rate cut plans, which will soon be a turning point for the cryptocurrency market.
💎
💎
On Thursday evening, the market, Bitcoin surged high but lacked strength, reaching the high point of 99097 and forming a pressure-bearing trend. A rapid dip followed, with the lowest point reaching 95600 before rebounding. The daily chart's rebound today also left a long upper shadow, indicating that the bulls are currently paper tigers, and the overall trend is beginning to turn downwards. Looking at the four-hour chart, the downward channel is still continuing, but it is also starting to contract, with volatility decreasing. It is now entering a rebound structure after the pin insertion, showing a frequent switch between long and short positions in the short-term market, with both sides facing a key moment of direction selection. The competition for direction in the medium and short term is intense. In terms of operation, it is recommended to follow the market trend based on the intraday situation. Currently, the increase in short positions has slowed down, with expectations of a rebound in the market and signs of continued testing of the lower pressure. In general, during the day, you can first go long to capture the rebound space, and in the evening, if the upper resistance is not broken, look for short opportunities. You can consider entering a position at the current price!
💎
💎
Ethereum was under pressure from the intraday high of 2856, and the bears strengthened their downward momentum in the evening, reaching a low point of 2650. From the overall technical structure of the current coin price, on the four-hour timeframe, the coin price broke through the middle track with three consecutive positive candles but was suppressed and turned negative. Currently, the overall coin price is still operating around the middle track, and the market is running within a range. The upper resistance is 2860-2920, and the lower support is 2720-2640, forming a consolidation range. As long as it does not break above or below, it is suitable for selling high and buying low. It is recommended to trade Ethereum on a short-term basis here!