Technical analysis by rainbow_sniper about Symbol BTC: Buy recommendation (3/8/2025)
rainbow_sniper

ANALYSIS OF THE 5 COINS APPROVED FOR DIGITAL ASSET RESERVE BY THE WHITE HOUSENews:"The White House has officially approved a digital asset reserve fund that includes five cryptocurrencies: BTC, XRP, ADA, ETH, and SOL."For the average investor, this news might trigger excitement—"Wow, great news!"—and create an expectation that these assets will skyrocket to the moon in the near future.But let’s take a deeper dive into these five coins, analyze the technicals, and determine which ones are worth buying, where to buy, and which ones should be avoided for now. Let’s go!--------------------------------BTC/USDAt first glance, BTC looks tempting. It has already set an ATH at 107K before correcting down to 78K, which seems like a low price point. So, it might be gearing up for another strong upward move. Currently, BTC is trading around $86,000 at the time of writing.However, we’re not at the fireworks yet, people—it’s only the 29th day of the lunar calendar, not New Year's Eve with red banners and festive cakes. In other words, the real pump hasn’t begun yet.BTC is still in a weekly downtrend (W timeframe) and hasn’t fully formed a bottom yet. The key downside targets BTC is likely to revisit include:✅ $74,000✅ $64,000✅ $54,000 (less likely in the short term, but possible if market makers push for it).So, BTC will most certainly revisit either 64K or 74K before another major rally.Conclusion:📌 Buy BTC at 64K or 74K and take full profits above $110,000.-----------------------------------ETH/USDETH is currently trading around $2,1XX, which might seem like a decent entry point. But this coin doesn't have a strong outlook for 2025.It is likely heading toward $1,600 soon. More importantly, ETH is not one of the chosen coins to have major pumps this year.ETH is currently in a downward trajectory, so avoid touching it for spot trades.If anything, it’s better suited for shorting in this market structure.Conclusion:🚫 Avoid ETH for spot positions.---------------------------------------SOL/USDBefore writing this, SOL was already analyzed as a short opportunity at $186.Looking at the chart, SOL is not a buy, even if it dips to $87 or $113.It is simply not one of the coins set up for a major bullish wave. SOL is just a liquidity trap, used for rotating funds and market-making activities, not for strong rallies.Conclusion:🚫 Avoid SOL for spot trades. If no better options exist, maybe revisit it later, but it's not the top choice now.-----------------------------------------XRP/USDXRP is currently at an attractive price zone, making it worth considering for a buy.Capital inflows into XRP are strong and positive, which suggests momentum is building up for a potential rally.Among the five selected coins, XRP stands out with a solid rating of 9+, along with ADA and BTC.Conclusion:✅ Enter XRP for a new bullish wave.---------------------------------------------ADA/USDADA has been in accumulation mode, and while its macro trend is not entirely clear, it has strong potential.Among these five coins, ADA shows significant promise for capital allocation at this moment.It might just become the "beauty queen" of short-term rallies, and if so, a high-risk investment could turn into something very rewarding.Conclusion:✅ Allocate a speculative investment in ADA, hold through 2025, and wait for the results.------------------------------------------------Final Verdict:These 5 coins have been officially selected for digital asset reserves, but only 3 out of 5 are truly worth considering:✅ BTC (at 64K–74K, target above 110K)✅ XRP (solid bullish structure)✅ ADA (high-risk, high-reward potential)🚫 ETH and SOL are traps—they may have short-term pumps, but their overall trajectory is downward.BTC will eventually revisit 54K, which could cause another temporary market downturn, but the length of that phase is uncertain.This perspective is based on a mapping approach using data from rainbowsniper.ai, providing a fresh angle for analysis.Hope this gives you a useful and insightful perspective! 🚀