Track real-time hotspots in the currency circle, seize the best trading opportunities. Today is March 4, 2025, Wednesday. I am Wang Yi Bo! Good morning to all friends in the currency circle ☀ Iron powder check-in 👍 Like and make a fortune 🍗🌹

The three major U.S. stock indexes collectively fell overnight, with the Dow falling 1.55%, the Nasdaq falling 0.35%, and the S&P 500 falling 1.22%. Most large-cap tech stocks fell, with Tesla down more than 4%, Meta down more than 2%, Google up more than 2%, and Nvidia up nearly 2%. The defense aerospace, capital management, and banking sectors led the decline, with Delta Air Lines falling more than 6%, Deutsche Bank, JetBlue Airways, and Western Air Lines falling more than 5%, Blackstone, Apollo Global Management falling more than 4%, and JPMorgan Chase falling nearly 4%. Cryptocurrencies and solar energy led the gains, with Strategy up more than 9%, C-base, and GAN Technology up more than 3%. The cryptocurrency market first suppressed and then rebounded, with the overall market and some altcoins showing different degrees of rebound!
Yesterday, Bitcoin's spot market continued to fluctuate, with its price falling into a sustained stalemate. Both long and short sides jockeyed back and forth, unwilling to give in to each other. However, with the opening of the U.S. stock market in the evening, the market situation suddenly changed. Bitcoin's price frequently staged dramatic fluctuations, resembling a thrilling roller coaster ride.

Ethereum's performance is also impressive. After breaking through the 2000 mark, the price dipped to a low of 1989, then quickly started the rebound journey, aiming directly at the 2200 mark. However, there are significant resistance levels above the current price. The market has always been volatile, with ups and downs being a healthy ecosystem. The current positive factors have been fully digested by the market, and the coin price is likely to show a gate-shaped pattern again. Looking back at the candlestick chart from the past two days, the bullish and bearish signals have been release. Although the overall trend is bearish, the rebound strength has significantly increased. The candle stick pattern are full, indicating that the tug-of-war in the future market will further intensify. Pay attention to the breakthrough of the resistance platform above and adjust your position according to the intraday situation!
#crypto #btc