$NEAR DodoDodo 📈 NEAR surges strongly, bullish momentum at its peak, price stabilizes above the BOLL upper band, KDJ remains in a high-level golden cross, trading volume continues to expand, the upward trend is clear, and there is short-term potential to break previous highs and continue rising. New projects in the NEAR ecosystem are launching rapidly, on-chain activity skyrockets, funds are frantically accumulating, directly pushing the price up 😂 Technical analysis on the 4-hour chart shows the BOLL upper band breakout, and the KDJ remains in a high-level golden cross. First target 1.44 Second target 1.52 Stop-loss at 1.28 $btc $ETH

Market Analysis: On March 3rd, amid the rapid escalation of the Iran situation, the market experienced an epic energy panic and asset re-pricing. The closure of the Strait of Hormuz triggered a surge in energy prices, which transmitted to the crypto market, while gold hit new highs but was pressured by profit-taking, presenting a rare "oil up, crypto up, gold down" divergence pattern! Macro News: 1. Spot gold briefly surged to $5,387 on March 2nd, hitting a record high and accumulating large profit-taking. A short-term dip of about $40 occurred in the early morning, breaking below $5,280 in a rapid plunge, which is a typical signal of profit-taking consolidation. Market analysis indicates that one of the main reasons for the plunge in precious metals is profit-taking by funds; 2. Iran’s closure of the Strait of Hormuz (20% of global oil transportation routes) pushed up crude oil prices, leading to a strengthening of the Canadian dollar; meanwhile, the "limited" nature of the conflict (not spreading to the entire Gulf) caused a marginal cooling of market risk aversion. Funds withdrew from gold and shifted to cryptocurrencies and other risk assets, directly triggering gold’s decline and crypto’s rally in the early morning; 3. Bitcoin briefly broke through the $70,000 mark in the early morning. In the past 24 hours, a total of 100,000 people worldwide were liquidated, with a total liquidation amount of $370 million. Short positions were forced to close after breaking through key resistance levels, creating a short squeeze spiral that further pushed prices higher; 4. After a sharp rise in the crypto market early morning, prices have gradually pulled back, currently in a short-term consolidation phase. The subsequent trend heavily depends on crude oil prices and the Iran situation. It is difficult to form a sustained trend; if the Iran situation eases and crude oil prices fall, consider exiting to avoid a correction risk. Trading Tips: Please inquire during the live session. Special Reminder: BTC and ETH surged last night and are now in overbought zones. Although gold has pulled back, it remains in an overbought state in the medium to long term, prone to sharp intra-day drops and a double-sided kill. Heavy positions are strictly prohibited. Finally, I wish everyone a happy Lantern Festival, family reunion, safety, and smooth sailing! ‍#比特币避险属性 #伊朗局势升级 $BTC $ETH $XAUUSD

Bitcoin is showing a overall oscillating downward trend, starting to decline from the high point of around 69,130 early this morning. During the oscillation, it gradually broke through short-term support levels, with the lowest dip reaching the 68,560 area. Ethereum's movement is highly correlated with Bitcoin, simultaneously starting a downward trend from the high of 3,160 and dropping to the low of 3,096. Throughout the process, it maintained a steady follow-the-lead decline, highlighting the market's strong correlation. On the daily chart, the downward channel continues to expand in an orderly manner. After experiencing a short-term surge and taking profits, the market has successfully shifted to a steady oscillating downward rhythm. The bearish momentum is gradually releasing, driving the moving average system into a synchronized resonance downward pattern. This formation indicates that the market trend has clearly reverted to a bearish dominance, and this downward trend is likely to be persistent with a solid structure. The four-hour chart continues to show a weak decline, with prices steadily testing the lower channel boundary, exhibiting technical features of a one-sided weak decline, further reinforcing the foundation of the daily bearish trend. Currently, the market rhythm indicates that the bearish force is still accumulating. The short-term rebounds are not trend reversals but typical accumulation and false signals designed to lure in buyers, aiming to gather energy for further declines. Today's early operations should focus on rebound-based short positions. Specific trading suggestions: Pay attention to resistance in the 69,500-70,300 and 70,800-71,500 zones. If resistance is encountered, consider attempting short positions at high points, targeting a decline of 500-5,000 points. A break above 71,300 is considered a short-term trend reversal signal.