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Cryptocurrency Market Overview
BTC (+3.97% | Current price 68,663 USDT): Against the backdrop of Trump continuously reinforcing economic uncertainties, gold and silver prices have surged significantly, and Bitcoin's phased weakness is also understandable. In February, Bitcoin declined nearly 15% and recorded its fifth consecutive month of decline. However, from a seasonal and technical perspective, there is still a possibility of a technical rebound in March. On the daily chart, Bitcoin's price remains within a larger downward channel. After the key support zone of $75,000–$80,000 was effectively broken, it has turned into an important resistance zone above, exerting clear short-term pressure on a rebound. On the hourly chart, Bitcoin shows a typical bearish continuation pattern: after a rapid decline, the price consolidates with a weak rebound along a parallel trend line. If the price falls below approximately 62,500
BTC (+3.97% | Current price 68,663 USDT): Against the backdrop of Trump continuously reinforcing economic uncertainties, gold and silver prices have surged significantly, and Bitcoin's phased weakness is also understandable. In February, Bitcoin declined nearly 15% and recorded its fifth consecutive month of decline. However, from a seasonal and technical perspective, there is still a possibility of a technical rebound in March. On the daily chart, Bitcoin's price remains within a larger downward channel. After the key support zone of $75,000–$80,000 was effectively broken, it has turned into an important resistance zone above, exerting clear short-term pressure on a rebound. On the hourly chart, Bitcoin shows a typical bearish continuation pattern: after a rapid decline, the price consolidates with a weak rebound along a parallel trend line. If the price falls below approximately 62,500