BTC's 4-hour chart shows a very rhythmic decline, breaking through minor support levels and accelerating the drop. It falls to the next support zone, rebounds for recovery, and then breaks down again... This downward rhythm is very steady. The next support level is around $63,000. Let's see if it breaks through and creates another wave of panic selling. If it makes another new low reaching $50,000+, then definitely buy the dip!!! If you're still hesitant to buy at that level, you shouldn't be playing the market. With BTC at $50,000+, even with a small probability of further declines, the drop won't be much lower. (Chen Jiaguan)

BTC. As we approach the next halving and are nearing the 50% timeline, historically, we've consistently experienced a drop in this area. Looking at the gray line representing the midpoint, we've always hit this midpoint. We might see a similar drop as during the 2025 halving, followed by a rebound. The drop then was approximately -20%. (Chen Jiaguan)

BTC's first quarter was slightly worse than last year, which was also a positive one. ETH's first quarter also performed poorly, but not nearly as badly as last year's start. Last year, ETH had a disastrous start, dropping 45%. However, it hit an all-time high just six months later. This perfectly illustrates how volatile the market has been over the past 1-2 years. It seems like there are random 1-2 quarters of upward movement, followed by a complete pullback in the other direction. This is a market that requires flexible responses. (Chen Jiaguan)

Next Friday (March 27th), Deribit will see the settlement of up to $13.5 billion in cryptocurrency-exclusive options. The market's fear and greed index has currently fallen to 11. (Chen Jiaguan)

Regarding spoiling our fans, despite the weekend's ups and downs, here's a small token of our appreciation!

BTC Weekend Time! After the "yellow-haired guy" announced he was considering ending their "operation" soon, the price fluctuated slightly after the market closed. Lately, the market doesn't seem to be buying into these headlines, so let's wait for actual action. Currently, it seems there shouldn't be much price volatility over the weekend, as usual. Of course, unless there's major news. Have a great weekend!

Is that all there is to it? Which trader is making this prediction? Unless oil prices and inflation continue to rise, there's no possibility of an interest rate hike. But the situation is contradictory. Unemployment is also rising. Ordinary people have no wages, yet prices are so high—how are they supposed to survive? Personally, I feel that oil prices will gradually return to normal after the war ends. This year is a year of observation; the possibility of an interest rate hike is extremely small. Similarly, the expectation of an interest rate cut is also very small, and even if it happens, the number of cuts and the base effect will certainly be low. Therefore, don't expect a major price movement for Bitcoin this year.

As long as ETH remains above 0.03 relative to BTC, things look pretty good. If it can climb back above 0.032, that would be a strong signal and could give other altcoins a breather. However, to achieve this, I think BTC and ETH first need to find some momentum in the lower timeframes. A BTC breakout above $72K and an ETH breakout above $2.2K would likely help. Until then, the market is very risk-averse, especially given BTC's recent repeated rejections from the 72K+ area. (This is for entertainment purposes only and does not constitute investment advice. - Chen Jiaguan)

Yesterday, we already informed everyone by extending the time frame of the indicators that negative premiums were about to begin again. Although there was a rebound today testing 71, it's highly likely that this level has turned from support into resistance. Negative premiums generally indicate a bad thing. (Chen Jiaguan)

Negative premiums for BTC on Coinbase are about to begin gradually. #Crypto #Blockchain