February 2024 Crypto Market Trends

Good morning?Check in if you are a die-hard fanlike and make a fortune!Happy Lantern Festival to all currency friends!The countdown to February 2024 has entered five days. The recent trend of the crypto market may be a bit disturbing. Bitcoin continues to trade sideways around the 51,000 point, which is manifested as a trend of neither going up nor down. The strong currency in the early stage of the L1 sector The trend of continuous decline has been broken out, and the support center continues to move downwards. The trend of the AI ??sector, which has attracted much attention recently, was also dazzling yesterday, highlighted by the huge fluctuations of WLD and AGIX, and the FIL of the storage sector lost the support of 8.1 US dollars. , the ARB of the L2 sector fell below 2 US dollars, and people became hesitant about the super large quota unlocking in March. The impetuous trend of UNI in the Defi sector last night originated from a certain whale withdrawing 43,435 from Binance before UNI rose. UNI, currently holding a total of 369,251 UNI. Stimulated by the news, entering the last few days of February, the ups and downs of the crypto market will continue. The shadow of interest rate cuts that the unlucky investors are hesitant to cut still hangs over the market. The countdown to Bitcoin halving is 58 Today, let’s take a look at the changes in data. 10 minutes ago, a wallet suspected to belong to Justin Sun once again purchased 18,616 ETH ($54.57 million) from Binance. The wallet purchased 18,616 ETH ($54.57 million) from Binance at a cost of $2,879 in less than 12 days. DEX purchased 151,196 ETH worth $435.3 million. On February 23, 8 ETFs added 5,781 BTC, worth US$294.3 million, of which Fidelity added 3,061 BTC (US$155.8 million). Additionally, Grayscale lost 3,929 BTC ($200 million). From this point of view, the current shock also provides you with a good opportunity to build a position. Choice is greater than effort. Opportunities are reserved for those who are prepared. Pay attention to Brother Ming and don’t get lost on the trading road! Do you predict whether Bitcoin will exceed $55,000 in February?Contract account custody, executing AI strategies, and then dividing after profits are made. Come with me if you have ideas.