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With March underway are you betting on AI tokens $DEFI DeFi $MEME memecoins or blue chip cryptos like $BTC BTC & $ETH ETH? Some sectors are heating up where do you see the biggest opportunities this month? Share your bullish picks!

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BITCOIN Like a well tuned Swiss clock... Bitcoin (BTCUSD) has had a red February with a correction that touched its 1D MA200 and almost hit the 1W MA50 (blue trend-line), spurring massive liquidations and ETF outflows. On the wider picture though and the long-term technical trend of this Cycle, this looks nothing more than a normal technical pull-back at the start of the last year of the Bull Cycle. More specifically, since the start of the current Bull Cycle following the November 2022 market bottom, BTC has been replicating to almost perfection the 2015 - 2017 Bull Cycle. As this chart on the 1W time-frame shows, every medium-term top and bottom since July 2023, matches harmonically the tops and bottoms since July 2015. In addition, the 1W RSI is now on its 2nd bottom of the 'Buy the dip Volatility Phase', which started after the Higher Lows trend-line that was initiated on the market bottom, peaked and turned sideways. In 2016 - 2017, that was the ultimate guide to buy low through Bitcoin's last year of Bull Cycle all the way to the Top. Based on this analogy, BTC should now form a Channel Up that might form the next Higher High in June, pull-back in July, then new Higher High in August, pull-back in September and final push for a Cycle Top around November. Based on this pattern, this may very well be around $200k but again, a 1W RSI top sell signal is more fitting.

Ethereum is selling off heavily as quantitative tightening (QT) continues. Crypto analyst Benjamin Cowen highlights the similarity of the current Ethereum cycle to the market environment of 2019. During QT in 2019, Ethereum formed a wedge pattern, briefly broke above it, then fell below. Shortly, the Federal Reserve stopped QT , leading to a bottom for ETH/BTC and a short-term pump for ETH/USD. Today, Ethereum is once again breaking down into its long-term regression band, mirroring the 2019 scenario. With QT still in place, the likelihood of a near-term policy shift by the Fed remains high. The macroeconomic backdrop plays a crucial role in shaping Ethereum’s price action. Currently, Ethereum is trading around $2,061.26 , facing a steep decline after losing support from its wedge formation. The green regression channel, which historically defined Ethereum’s long-term growth, now serves as a crucial support zone. Additionally, a yellow symmetrical triangle, representing market consolidation, was previously broken to the upside. However, Ethereum has now retraced and fallen below its lower boundary. This movement signals potential weakness, increasing the probability of testing lower support levels within the regression band. Moreover, the macroeconomic indicator, reflected by a blue trend line, has been decreasing since it reached its highest value in 2022. This downtrend is in line with Ethereum’s declining momentum, which reflects high correlation between liquidity conditions and prices. As financial conditions tighten up, Ethereum is subjected to increasing pressure , highlighting long-term support levels. Cowen suggests that the Federal Reserve could end QT within the next few months. Historically, the conclusion of QT in 2019 coincided with Ethereum’s bottom, triggering a price rebound. If the Fed shifts its stance, liquidity could improve, supporting Ethereum’s price recovery . Furthermore, price action within the green regression channel has historically led to strong rebounds. A potential bounce from the lower band could provide a bullish opportunity. However, if Ethereum fails to hold these levels, further declines may follow. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

#BTC support turns into resistance, cautiously bullish ⚠️ 🧠Due to the turbulence of the international situation, it has gradually fed back to the investment market, so recent transactions will become more difficult, so we should choose to observe and wait for the right opportunity to appear. ➡️From a structural point of view, we did not stabilize in the support area of ​​84000-86000, but continued to fall below this area, so this support area turned into a resistance area, and the resistance area cannot be bullish. ➡️If the price stabilizes near the support line 79524, then if the target area of ​​this support structure overlaps with the blue resistance area, then you can consider participating in some short transactions. Let's take a look👀 🤜If you like my analysis, please like💖 and share💬$BTC