The secondary market daily newspaper 20250308

Broader market movements The cryptocurrency market is currently facing a sharp correction, with Bitcoin falling below $80,000 and $284 million in contracts across the network, mainly from long liquidations. Markets are under pressure from macroeconomic, policy uncertainties and global trade issues. In the short term, investors should operate cautiously, avoid blindly buying the bottom or opening shorts, and give priority to ensuring that they do not blow up. Mainstream Token $BTC It is currently facing a test of the key support level of $80,000, a break below which could trigger a large-scale long liquidation. In the short term, it is bearish to $74,000 and $71,000, but it still has potential in the long term, as institutions such as the United States continue to increase their holdings. It is recommended to operate cautiously, avoid blindly buying the bottom or opening short, and pay attention to the further impact of macro events on the market. $ETH is currently hovering around $2,000, showing clear support pressure. Despite the subdued market sentiment, whales are picking up on dips, hinting at potential rebound opportunities. A break below 2000 could lead to a test of 1550. In the long term, ETH's fundamentals remain strong, especially as Bank of America can participate in ETH staking as validators, which provides it with new growth momentum. It is recommended to pay close attention to the key support levels and lay out the dips. $SOL is currently facing a large drawdown, but the passage of SIMD-0228 could reduce inflation by 80%, which is good for long-term value. The short-term may test the $110 support, but long-term holders remain bullish on its fundamentals. Pay attention to the ETF approval results on March 11, which may bring short-term rebound opportunities. Popular coins $MOVE The recent strong performance, the mainnet will be launched in two weeks, and the advantages of 100k TPS and ETH compatibility have attracted institutional funds to enter the market. The price rebounded 40% from the low of $0.37 and is now trading at $0.52, near the $0.59-0.60 resistance level. If it breaks, it is expected to rise further. $SUI has had a strong recent performance, with a 107% increase in TVL and a partnership with the Trump family project WLFI, strengthening its fundamentals. Despite the short-term price fluctuations, the long-term trend is bullish. The current price is trading in a range of $2.49-3, and a break above $3 is expected to rise further. It is recommended to pay attention to the key support level of $2.67, and be cautious if it breaks down. $XRP The recent surge in trading volume, with $5 billion in 24-hour transfers, indicates increased market activity. Combined with the fundamentals, the U.S. government's crypto reserve plan could drive its value further. In the short term, there may be a good opportunity to buy on dips, but you need to be wary of the risk of an overall market correction. $DRB, as the first AI project deployed by Grog, has risen significantly recently, and currently has a market capitalization of 5.7M. It combines AI and MEME tracks, relies on the Base chain and @bankrbot issuance, and has unique hotspot attributes. There are trading opportunities in the short term, but you need to be wary of market volatility risks. The above information is automatically generated by Cryptohunt AI and is not intended as investment advice. {spot}(SUIUSDT) {spot}(MOVEUSDT) {spot}(XRPUSDT)