#比特币与黄金战争 Market Brief｜BTC Holds Key Support, Liquidation Storm Reveals True Colors

The market on Friday is still shaky. Bitcoin is stuck at the 86,000 level — essentially, this is the last line of defense for the bulls. Once it breaks below, the bears will be popping champagne. The surge yesterday to 89,000 triggered over $1 billion in liquidations, sweeping out many leveraged traders.

Interestingly, on the Ethereum side. Bitmine recently staked 74,000 ETH, which indicates significant capital inflow. But on the other hand, large holders are quietly reducing their positions, selling 5,000 ETH — whale actions like this often reveal something. While fundamentals are being bullishly accumulated, they are also offloading, making market sentiment quite complex.

On the macro front, US stocks are slightly down today, but expectations for a rate cut by the Federal Reserve in March are rising. This is a positive signal for the crypto market — improved liquidity expectations usually boost risk asset valuations.

Operational advice in one sentence: In this volatile market, don’t try to chase gains or cut losses impulsively. Accumulate at lows, take profits at highs, and honestly ride the waves. Greed is the biggest enemy in a choppy market.