?? A nice trading week is expected
Hello traders!
Let’s hope we wrap up winter without any more crypto chaos — one Bybit mess was enough.
MKRBTC led with a 43% profit
Almost all of last week’s top-performing bots went long, except for two pairs. Bots trading MKRBTC and SOLBTC delivered the highest returns, at 43% and 40%, respectively.
Check out other profitable bots and copy their strategies here!
BTC Goes Down, Technical Indicators Show Sell?
Price Dynamics (7d)?
BTC $94,491 1.2%
ETH $2,681 4.43%
BTC Technical Indicators Show Sell?(1d)
Oscillators: Neutral (1 Sell, 9 Neutral, 1 Buy)?
Moving Averages: Sell?(10 Sell, 1 Neutral, 3 Buy) ?
Fibonacci's Pivot for BTC?
Take a look at Fibonacci's Support (S) and Resistance (R) levels for BTC to guide your Stop Loss and Take Profit placements.
To save your CEX account, you need to follow these steps...
Whether you trade, invest, or just hold, your account is always a target for hackers.
Given the recent hack of Bybit, we want to remind you of some basics every trader should follow to keep their account safe.
Crypto Week: Predictions & Highlights
Bitcoin starts the new week trading in the $95,000–$96,000 range after Friday’s $1.4 billion Bybit hack disrupted its attempt to break $100,000. Meanwhile, Bybit's CEO reports that the exchange has replenished its ETH reserves following the exploit.
Ethereum is trading at $2,681, down by 4.43% for the week, with its price partly influenced by spot buying pressure from Bybit as the exchange closed the ETH gap.
Among the top 10 weekly losers, Solana took the biggest hit, plunging by 14% to $157 amid concerns over its ties to hacks and memecoin scams. On-chain investigator ZachXBT revealed that wallets linked to the Bybit hack were also involved in Solana-based rug pulls on Pump.fun.
Last week, spot Bitcoin ETFs saw $559.41 million in net outflows, while spot Ethereum ETFs recorded $1.61 million in inflows.
Key events this week:
Feb 27 – US GDP Growth Rate (Q4 2024).
Feb 28 – US PCE Price Index (January).
Now, let’s check what top crypto analysts are predicting for the market this week.?
What's up in crypto this week? Experts share their thoughts:
Well-known trader @CrypNuevo expects a “nice trading week” due to a quiet economic calendar. He sees $94,700–$95,000 as a bounce level for BTC, targeting the $99,000 zone and beyond.
Analyst @CalebFranzen notes that Bitcoin is on its fourth consecutive red weekly Heikin Ashi candle. Similar patterns have often preceded major rallies.
Trader and analyst @Roman_Trading believes BTC is showing weak momentum, failing to break higher multiple times. He expects a drop to $90,000 to test support.
Trader @CryptoMichNL notes that a red Monday often leads to an uptrend for the rest of the week in the crypto market.
Technical analyst @Washigorira anticipates an ETH rally if history repeats, as the weekly Stochastic RSI is about to cross bullish in the oversold territory.?
As per other news of the market:
Strategy acquired an additional 20,356 BTC at an average price of $97,514 per BTC, according to an 8-K filing with the SEC on Monday.
HK Asia, a Hong Kong-based investment firm, announced on February 23 that its board had approved a further increase in the company’s Bitcoin investment. It also disclosed that on February 20, it purchased approximately 7.88 BTC.
Today, Bloomberg reported that Ethena Foundation raised $100 million through a private sale of ENA tokens from investors including Franklin Templeton, Polychain, Pantera, Dragonfly, and F-Prime.
In a blog post today, Robinhood stated that it received a letter from the SEC's Enforcement Division on Friday, confirming that the agency has closed its investigation into the company’s crypto business with no plans to pursue enforcement action.
Also today, Circle announced that the Dubai Financial Services Authority (DFSA) has officially approved USDC and EURC as recognized crypto tokens within the Dubai International Financial Centre (DIFC).
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