Market Analysis:

The crypto market's "rebound is difficult to sustain," with a brief surge followed by a rapid decline, returning to a volatile bottoming channel. BTC has tested the $65,000 support again, while ETH has fallen below $1,900. Gold, driven by geopolitical risks, has broken new highs, showing a clear divergence from cryptocurrencies. There are no definitive signs of a mid-term bottoming, as institutional funds are exiting and unrealized losses are forcing selling pressure, leaving room for further correction, but this is not a trend reversal.
Macroeconomic News:
1. The BTC spot ETF has continued to experience net outflows for several days, with no substantial bottoming actions from institutions. Funds are continuously withdrawing from the crypto market, lacking support from new capital. This is the core issue behind recent crypto weakness, contrasting sharply with the oversold recovery earlier, and a reversal in the short term is unlikely;
2. US stock-related crypto stocks BETH (February 27, Eastern Time) fell 3.11%, as risk sentiment in the broader market cooled, further dragging down the crypto market;
3. About 45% of all BTC holdings (approximately 9 million coins) are still in unrealized loss. Previously, a rebound to resistance levels triggered stop-loss selling, and after a rise and fall, selling pressure was further released. BTC has fallen below $65,000, ETH's decline has exceeded 5%, further confirming the weak market pattern;
4. In the early hours of February 28, Middle Eastern geopolitical tensions escalated again, with about 20 US military refueling aircraft arriving at Israeli airports, and the USS Ford aircraft carrier reaching waters near Israel. US military deployment in the Middle East continues to strengthen, with Iran and Israel's confrontation intensifying. Multiple countries are warning citizens to evacuate the Middle East. Geopolitical risks have sharply increased, prompting a large influx of safe-haven funds into gold, becoming the main catalyst for gold prices soaring;
5. As of February 27, the world's largest gold ETF—SPDR Gold Trust—added 3.43 tons of holdings. Gold ETFs have been increasing holdings consecutively, with clear signs of capital inflow, further strengthening the bullish trend in gold and pushing London gold to a new stage high;
6. On one hand, uncertainty over tariffs and ongoing Middle Eastern conflicts highlight gold's safe-haven attributes; on the other hand, the US dollar index has weakened in the short term, opening space for gold to rise. The appeal of dollar-denominated London gold has increased, with both domestic and international gold prices rising in tandem.
Trading Suggestions: Please inquire during the live broadcast.
Special Reminder: Tensions between the US and Iran are escalating, and the likelihood of military action over the weekend is very high. Gold prices are experiencing increased volatility at high levels. While safe-haven support remains strong, the risk of profit-taking cannot be ignored.
Collecting and organizing information is challenging. Please give a thumbs-up, follow, and comment more. That is my motivation to keep updating! 🙏
‍$BTC$ETH