Though the broader crypto market cap exceeded $3 trillion initially of February, it dipped to $2.63 trillion by February twenty eighth as buyers entered a promoting frenzy. Whereas President Trump’s announcement of the upcoming strategic crypto reserve helped the market recuperate on March 2nd, the rebound was short-lived, and cryptocurrencies are actually collectively valued at $2.65 trillion once more.
Regardless of being included in Trump’s strategic crypto reserve, Bitcoin (BTC), Ethereum (ETH), XRP (XRP), and Solana (SOL) are all down by 13-38% over the previous 30 days because the market entered excessive worry territory marked by a rating of 15/100 on the Worry and Greed Index. The one one defying the adverse pattern out of Trump’s picks is Cardano (ADA), which boasts progress of 4.40% over the previous month.
Regardless of the uncertainty that plagues the market, seasoned buyers and specialists consider that Bitcoin and main altcoins are at or close to their backside, anticipating a rebound and advising their followers to carry. Plus, some specialists are assured that Solaxy (SOLX), a mission nonetheless in its presale, is making ready to blow up on launch due to its ties to Solana.
Bitcoin (BTC)
Bitcoin is down 25.15% since its ATH of $109,114 it achieved in late January however its latest inclusion into the government-owned crypto reserve by President Trump may assist it get away of the adverse pattern it confronted since.
Trump’s newest government order additionally put a cease to US companies promoting Bitcoin, that means the roughly 200,000 government-owned BTC will kind the spine of the reserve.
Bitcoin is at the moment priced at $81,664, which charts analyst Dyme believes is near the token’s key assist stage of $80,215. Though the analyst doesn’t count on an incredible soar, he believes Bitcoin gained’t dip under $80,000, anticipating a surge to the $89,000-$90,000 vary over the week as an alternative.
Dyme’s Tweet
Crossing the $83,279 mark would place Bitcoin’s worth above its 200-day Easy Transferring Common (SMA), leaving room for long-term beneficial properties that could possibly be enhanced by extra funding into BTC by the US authorities in line with the more and more in style “BTC Act.”
Ethereum (ETH)
Ethereum, the most important altcoin, entered Q1 2025 sturdy, sustaining costs above $3,000 all through January and dipping to $2,500 by late February amidst a market-wide downturn.
Nonetheless, now it’s experiencing substantial bearish strain, because it broke under its assist at $2,200 and is at the moment testing important assist ranges above the $1,900 mark.
Regardless of Ethereum’s poor efficiency over the previous two weeks, crypto skilled Bitbit believes the main altcoin’s future shouldn’t be speculated on based mostly on its weak spot this weekend, as he advises his followers to stay bullish till ETH dips under its important assist ranges.
Bitbit’s Tweet
Based mostly on ETH’s quarterly vary, the skilled believes ETH is prone to rebound to the $2,200 stage, the place it might face resistance, making its present worth a strong purchase alternative. Presently, ETH enjoys a 2.51 lengthy/brief ratio, which aligns with Bitbit’s confidence in ETH’s potential to reverse the latest dip as 72.02% of merchants are positioning for an upward transfer.
Solaxy (SOLX)
Whereas established tokens hover round decrease quarterly ranges, Solaxy is prospering in its presale part, with over $25.8 million raised since its inception in December 2024.
The presale revolves round its upcoming Layer 2 blockchain for Solana, which is being designed to assist Solana’s mainnet keep away from its congestion-related points by offering customers with quicker transactions.
Impressed by the mission’s distinctive strategy to the market, meme coin skilled Jacob Crypto Bury encourages his followers to enter the presale whereas the per-token worth is low, as sees a 10x progress potential in SOLX.
The skilled’s bullish sentiment is fueled by Solaxy’s quickly rising neighborhood, which already numbers over 81,300 supporters throughout X (Twitter) and Telegram.
Traders can at the moment Purchase Solaxy for $0.00166 utilizing ETH, SOL, BNB, USDT, or a financial institution card by way of the presale web site or Greatest Pockets’s apps. Nonetheless, that worth is scheduled to alter in simply two days, making this the perfect time to enter the presale.
XRP (XRP)
XRP is at the moment experiencing vital volatility, having crashed to $1.92 earlier in the present day, representing a 34.47% drop from its March excessive of $2.93.
Though the token dipped under the $2 mark for the primary time since late 2024, the transient downturn didn’t flip it right into a resistance stage, as XRP at the moment stands at $2.14 following a swift rebound.
XRP’s worth motion completely aligns with the predictions of CrediBULL, a crypto skilled, who believes the token can obtain additional beneficial properties if it retains its worth above $2, advising his followers to purchase extra XRP if it dips under that line.
Credible Crypto’s Tweet
With its worth properly above its 200-day SMA of $1.59, XRP holds the potential for long-term progress, particularly if it maintains the present assist stage. XRP’s inclusion within the crypto strategic reserve provides to the bullish sentiment regardless of the market-wide downturn, because it may contribute to a good finish of the SEC vs Ripple case for the token.
Cardano (ADA)
Cardano is likely one of the few tokens that’s holding sturdy based mostly on its month-to-month worth motion, as its present worth of $0.7260 is above its early February worth of $0.6995 when the token struggled to cross the $0.7 mark.
Nonetheless, its present worth is properly under its March third excessive of $1.1295, because the token noticed a major dip over the previous 7 days that introduced its worth down by 12.12%.
Market analyst Bitcoin Buddha believes that Cardano’s latest drop to the important thing assist stage of $0.66, adopted by a robust rebound, is a bullish sign, as he expects the token to soar additional over the following few months.
Bitcoin Buddah’s Tweet
The analyst positioned a goal between the $1.1 and $1.3 vary, advising his followers to stay affected person through the bearish market, anticipating Cardano to be one of many largest gainers as soon as the market bounces again.
