Week of March 4-10, 2025
Donald Trump has just sent shockwaves through the crypto market. The U.S. President announced that Ripple (XRP), Solana (SOL), and Cardano (ADA) will be included in the Strategic Reserve before later confirming that Bitcoin (BTC) and Ethereum (ETH) have also made the list. The result? A massive market rally, with all five assets seeing strong price surges.
Meanwhile, the U.S. SEC has issued a new ruling on meme coins, stating that they do not qualify as securities since they don’t generate returns or entitle holders to any business profits. This means trading and offering meme coins won’t require regulatory registration. However, the SEC has also warned investors about fraud risks in the sector.
On the ETF front, after eight straight days of outflows, the Spot Bitcoin ETF has finally turned positive, with ARKB by Ark & 21Shares attracting $194 million in new investments. However, BlackRock’s IBIT continues to see outflows—despite being added to a $150 billion model portfolio with an allocation of 1-2%, which could bring in more institutional investors over time.
Elsewhere, the European Central Bank (ECB) has taken a firm stance against Bitcoin as a reserve asset, citing its high risk and suggesting that central banks should prioritize investments in oil and gas instead.
Meanwhile, the meme coin craze appears to be cooling down. New meme coin creations on Pump.fun have dropped by 80% in February, following major losses in Libra (LIBRA) and Official Trump (TRUMP) coins that wiped out billions from small investors.
Bitcoin (BTC) faced heavy selling pressure, dropping to the key support level of $78,000 before a quick rebound. In the short term, resistance is at $96,000—if BTC fails to break through, the next support at $86,800 could serve as a buying opportunity with a stop-loss. The medium-term target remains $100,000, so keep an eye out for buying opportunities on pullbacks.
Ethereum (ETH) saw significant selling pressure, reaching a low of $2,000 before buyers stepped in. In the short term, $2,000 is a key support level—if ETH falls below this, cutting losses may be advisable. The first resistance at $2,550 must be broken to confirm a bullish trend reversal. Short-term trading may be the best approach for now.
Cardano (ADA) saw a 50.13% gain last week before pulling back. A buying opportunity may arise if ADA holds above the $0.8150 support level. If it does, the next resistance at $1.1478 could serve as a profit-taking point. A breakout above this level would indicate a bullish reversal.
Peanut The Squirrel (PNUT) saw a 46.63% increase last week, dropping to a low of $0.1285 before attracting buyers. If PNUT holds above this level, it could present a buying opportunity, with short-term profit-taking at the $0.3110 resistance level.
The price of Bitcoin (BTC) has sharply dropped 30% from its peak, marking the biggest correction of this bull run. Meanwhile, the Fear and Greed Index has fallen to Extreme Fear, signaling that the correction phase may be ending and a new upward trend could be starting. Additionally, funds are beginning to flow back into Spot Bitcoin ETFs, reinforcing investor confidence.
Bitcoin is still holding above the key support level of $79,000, which suggests that the overall bullish trend can continue. However, if the price falls below this level, investment activity may slow down.
Speculation has returned to the market following Donald Trump’s announcement that Solana (SOL), Ripple (XRP), Cardano (ADA), Bitcoin (BTC), and Ethereum (ETH) will be included in the Strategic Reserve. This news triggered a V-shaped price recovery, with increased trading volume hinting at a potential market reversal into another bullish phase, with a new all-time high as the target.
March 7: U.S. Non-Farm Payroll (NFP) report – Expected to show 156,000 new jobs, up from 143,000 last month. The unemployment rate is forecasted to remain steady at 4%. If the Non-Farm Payroll figure falls short of expectations and the unemployment rate increases, it could have a positive effect on the market, as it may prompt the U.S. Federal Reserve's Federal Open Market Committee (FOMC) to cut interest rates more quickly.
March 7: Trump’s Cryptocurrency Event at the White House – Any new updates on crypto promotion plans, particularly regarding the Strategic Reserve, could drive fresh buying momentum.
Investment strategy: Gradually increase your investment weight as the market shows signs of a bullish reversal. Keep an eye on the $79,000 support level—if Bitcoin holds above it, upside potential remains strong. However, if it drops below this level, consider slowing down investment. With limited downside risk and a favorable risk-to-reward ratio, this could be a good opportunity to invest.
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