According to CrypNuevo, a detailed analysis on whether the market bottom is in will be discussed in a new video today. This discussion is anticipated to provide insights into current market conditions and potential trading strategies.

According to CrypNuevo, the recent Sunday update on $BTC is one of his best works this cycle, especially during a challenging market period. He emphasizes the importance of guiding followers correctly through uncertainty and chaos, advocating for trust in the system and following liquidity.

According to CrypNuevo, Bitcoin ($BTC) demonstrated a significant reaction upon touching the 1-week 50 EMA, identified as the strongest bull market support. This event underscores the importance of the 1W50EMA level in trading strategies, as highlighted by CrypNuevo on Twitter.

According to CrypNuevo, Blofin is offering a 10% cashback on deposits made into futures accounts or wallets by this Sunday. The cashback will be credited as a futures bonus on the following Monday, providing an incentive for traders to deposit funds promptly.

According to CrypNuevo, traders should exercise caution with BTC over the next 24 hours due to significant events including a Crypto Summit, Labor Market data release, and a speech by Jerome Powell. The current chart analysis shows BTC trading just below previous range lows, lacking sufficient confluence to predict a clear direction. Traders are advised to let news events guide market movements.

According to CrypNuevo, the current daily (1D) and weekly (1W) candles in the cryptocurrency market are forming long wicks. These wicks are filling previous wicks in their respective time frames, indicating that the new wicks may not hold trading significance. This suggests that traders should be cautious about interpreting these patterns as traditional signals in their strategy.

According to CrypNuevo, Bitcoin's recent price action has successfully filled both weekly and daily time frame wicks, as well as the CME gap created last weekend. This indicates that the three main imbalances have been addressed, which may influence trading strategies.

According to CrypNuevo, while Crypto Twitter was predicting an all-time high (ATH) and bullish price action (PA) for Bitcoin on Sunday night, CrypNuevo issued a bearish update forecasting a retracement of the recent upward move. This prediction was made despite the prevailing bullish sentiment during the weekly candle close, and notably, the forecast was met without ridicule from the community, as stated by CrypNuevo on Twitter. Traders should consider this bearish perspective when planning their strategies. Source: CrypNuevo on Twitter.

According to CrypNuevo, Bitcoin faced a rejection at the 1D50EMA resistance, which led to a drop below the range lows, opening a path to further downside. The asset has now filled both the new CME gap and 50% of the 1W wick, as anticipated in previous analyses.

According to CrypNuevo, the 'wick fill strategy' has proven effective as the market is currently filling the wick, confirming the strategy’s relevance in present trading conditions. This strategy involves predicting price movements based on the analysis of candlestick wick patterns, which can offer traders insights into potential price reversals or continuations. CrypNuevo's observation underscores the importance of technical analysis in cryptocurrency trading.

According to CrypNuevo, a 10% deposit cashback campaign is available for both new and existing users. To participate, users must transfer funds to their futures account by March 9th, with the cashback being issued as a futures deposit bonus on March 10th. This initiative is aimed at enhancing trading activity by offering a free trade opportunity as profits from this bonus are withdrawable. The campaign could potentially increase market participation and liquidity, benefiting active traders. Source: CrypNuevo.

According to CrypNuevo, there are liquidations visible below the current low in HTF charts. These liquidations are not as precise as LTF liquidations because many positions have been closed but still appear on heatmaps. Additionally, a new CME gap is forming, which traders should monitor for potential market impacts.

According to CrypNuevo, the market is experiencing a low time frame (LTF) short squeeze characterized by an aggressive upward movement targeting short liquidations. The liquidations delta was previously unbalanced, necessitating a reset to neutral, which this upward move is achieving.

According to CrypNuevo, a volatile week is anticipated for Bitcoin (BTC) as former President Trump announced the creation of a Crypto Strategic Reserve. This announcement is aligned with the bull market support, suggesting a potential market bottom in the $76k-$78k range. CrypNuevo has taken a bullish position by acquiring assets like Solana (SOL) and Ethereum (ETH).

According to CrypNuevo, the presence of long wicks in the 1-week and 1-day time frames may pose a challenge, compounded by the formation of a new CME gap due to the recent weekend pump. Traders are advised to observe the market momentum before taking positions, as the situation remains volatile and uncertain.

According to CrypNuevo, all rewards from the recent trading campaign on their recommended non-KYC exchange have been successfully distributed. They will launch another campaign tomorrow to offer further trading benefits.

According to CrypNuevo, the cryptocurrency market is currently at previous range lows, a key level previously acting as strong support. The need for this level to hold is emphasized, as acceptance above it would be positive for market stability. However, a loss of this level could lead to a decline to fill long wicks and a new CME gap, which could have implications for trading strategies.

According to CrypNuevo, SOL experienced a 20% correction followed by a notable 30% pump. The price action returned to a previously identified box and slightly deviated lower, providing additional entry points for traders. This movement aligns with predictions made last week, allowing strategic positioning in the market.

According to CrypNuevo, the 1W50EMA is historically the best indicator for Bitcoin's bull and bear market support and resistance levels. It is currently valued at $76.2k, suggesting a critical level for traders to watch for potential changes in market dynamics.

According to CrypNuevo, the next monthly candle for Bitcoin is expected to make a new low. It is highly probable that March's candle will sweep the lows made in February's candle. This movement could completely fill the CME gap and potentially retest the 1W50EMA, from which a bounce might occur. This analysis highlights key trading levels and potential market movements for traders to consider.