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Bitcoin is following a scenario for decline. There are quite a few supports below. I would close part or all of the position, as further movement is in question, but they might also push lower. Often the price takes such tails as at 60K. Everyone is waiting for the inflation data, which will be released tomorrow. #BTC $BTC

Gold has broken the level of 5000, on a good impulse. Likely continuation of movement towards 4650-4700. Cancellation will be a return and consolidation above 5120. #GOLD $XAU #XAUUSD

🪙Bitcoin is trading sideways, and as long as we remain below the level of 68,100, the price may drop to around 64,000 and set a new low for the last few days.

The reversal zone is above 68,100, and if this level is broken, the price could reach 70,000. The formation is bearish, and the price is below its averages. There have been several attempts to break the 68,000 zone but without success. #BTC $BTC

The data on the labor market has been released, which is better than expected, suggesting that the labor market is not as bad as it seems. Currently, the likelihood of a rate cut is not fully priced in for March, and the next cut will most likely be under the new head of the Federal Reserve.
We still need to see inflation on Friday, the best scenario being a decrease to the level of 2.3-2.2%.

So far, the indices have reacted with a correction, and cryptocurrency remains unchanged in free flight.

#Macro

Ethereum has formed a local sideways movement, with a potential of 4-5% upon a bounce to the upper boundary. To achieve this, we need to see a consolidation above 2030, an increase in signal, a removal of the low, and a quick return. A loss of the level 1960 will send the price into the zone of 1800. #ETH @Ethereum $ETH

Key macro data that will influence the cryptocurrency market:

-On Wednesday, the NFP and unemployment rate will be released.
-On Friday, inflation data will be announced.

With a decrease in inflation, the likelihood of a Fed interest rate revision will increase, which should positively affect prices.

Traditionally, the main movements in the crypto market may occur over the weekends.
#Macro

XRP removed the October LOW, after which the price was bought back to the 1.5 zone.
But in the medium term, this has not changed anything and there is a risk of further decline. Below 1.2, there is essentially a void with the nearest strong zone at 0.75. For a reversal upwards, we need to see a breakthrough of the 1.5-1.75$ zone. Where the trend will break and the last dump will be absorbed. #XRP $XRP @Ripple

Cryptocurrency is being sold off for no particular reason, but it no longer matters as many are facing liquidation on their portfolios or under collateral. And to avoid liquidation, people/funds are forced to sell assets at the order book, -12% in a day for Bitcoin is certainly not common. In the last 3 weeks, -35%, I don't even remember when this last happened, probably only during COVID. In today's video, I considered the possibility that it would hold at 70K but that did not happen and it continues to decline. Sooner or later, the sell-off will end; usually, strong movements finish with long candles like today. There are many orders around 60K, and they will likely go down from there. Let's see how the daily closes. But for now, no long positions should be considered. #BTC $BTC

Ethereum, like Bitcoin, has historically been strong in February.
Average return around 26 percent, with the month closing positively in about 80 percent of cases.
Ether does not grow on its own.
If Bitcoin realizes a growth scenario, then Ethereum is likely to follow the seasonal pattern.

With current prices around 2200, a target around 3000 looks realistic.
Fundamentally, things are looking good for ETH:
institutional purchases are happening, applications for spot ETFs are being submitted, staking in ETFs is being discussed, and corporate treasuries based on Ethereum are emerging.

The market currently lacks a trigger to start moving. #ETH #Seasonality $ETH @Ethereum

February is ahead, let's take a look at the seasonality of the cryptocurrency market.
According to statistics, Bitcoin closed above its opening price in February 82 percent of the time.
The average return is about 11.5 percent.
This is the strongest month for BTC throughout the year.
Currently, the crypto market is at low values.
At the same time, it is important to understand: Bitcoin is still in a downtrend.
Despite strong seasonality, caution is needed with forecasts.

Macro and on-chain factors indicate a bullish fundamental, but the market lacks a key trigger — a conditional "switch" that will initiate market growth.
When this reversal occurs, the movement can be swift.
Key resistance levels:
– local level — 84000, medium-term level — 95000.
#BTC #Seasonality $BTC