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MainNewsChina, Japan...

China, Japan and UK Dump $81,000,000,000 in US Treasuries in Just One Month As China Pours Capital Into Gold


Feb, 21, 2025
2 min read
by Daily Hodl Staff
for The Daily Hodl

China, Japan and the UK are dumping billions of dollars in US Treasuries.

New numbers from the Treasury Department show the three nations collectively slashed their holdings by $81 billion in December.

China unloaded $9.6 billion in Treasuries, reaching its lowest holdings since 2009 at $759 billion.

Japan sold off $27.3 billion in bonds, with the nation now holding $1.0598 trillion in Treasuries, the most of any single country.

And the UK also pared back in a major way, leading the pack with $44.1 billion in Treasury sales, reaching a total holdings of $722.7 billion.

This trio’s retreat from US debt, combined with China’s aggressive gold accumulation, underscore concerns about a potential strategic shift away from US dollar assets as America faces a $2 trillion deficit and mounting borrowing costs.

The moves also come as yields on 10-year Treasuries hover near 4.5%, testing demand as the Federal Reserve continues its quantitative tightening, offloading $60 billion in Treasuries each month.

After a six-month pause, China resumed buying gold in November of last year.

And the buying continued in December, with China’s central bank adding about ten tons of gold reserves in the month for a total of 2,280 tons by year-end, according to data from the the World Gold Council.

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The post China, Japan and UK Dump $81,000,000,000 in US Treasuries in Just One Month As China Pours Capital Into Gold appeared first on The Daily Hodl.

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Ethereum Holds Key Support – Analyst Doubts Bears Can Defend $4K Anymore


Feb, 21, 2025
3 min read
by Sebastian Villafuerte
for NewsBTC
Ethereum Holds Key Support – Analyst Doubts Bears Can Defend $4K Anymore

Ethereum has been attempting to reclaim the $2,800 level for days, but bears continue to apply selling pressure, keeping the price below this key resistance. Despite this, demand remains strong, with bulls successfully holding ETH above the crucial $2,600 support level. The short-term outlook for ETH remains uncertain, as investors speculate on whether the current consolidation phase will lead to a breakout or further declines.

Despite this, there is a growing sentiment that Ethereum could soon recover. Top analyst Jelle shared a technical analysis on X, revealing that ETH recently took out the lows, retested the key trendline, bounced off key support, and held above the 200-week exponential moving average (EMA). According to Jelle, this confirms that the uptrend structure remains intact, suggesting that ETH still has bullish potential.

While price action remains sluggish, Jelle’s analysis highlights that Ethereum is still holding critical levels, which could lead to a strong move upward. If ETH reclaims $2,800 in the coming days, momentum could build toward a push above $3,000. However, if selling pressure continues and ETH loses $2,600, a deeper retrace could be expected. For now, patience is key as Ethereum hovers near crucial technical levels.

Ethereum Price Signals Potential Recovery Phase

Ethereum has been attempting to reclaim the $2,800 level for the past few days, with bulls struggling to confirm a recovery rally into higher supply zones. Price action remains uncertain, as investors watch closely to see whether ETH can push past this resistance or if selling pressure will drive it lower. The ongoing volatility has kept traders on edge, with some fearing that Ethereum might continue to drop further, testing lower support levels before any potential recovery.

Market sentiment remains divided, with one side expecting a prolonged consolidation or further correction, while the other believes ETH is on the verge of a breakout. Analysts suggest that Ethereum is at a critical juncture, and the coming days could define its short-term trajectory.

Jelle’s technical analysis explains that ETH’s recent price action took out its previous lows, retesting the key trendline and holding above the 200-week exponential moving average (EMA) are all good signs. Jelle says the uptrend structure remains intact despite the slow price movement. He acknowledges that this may be one of the slowest uptrends Ethereum has ever experienced, but he still sees bullish momentum building.

Ethereum holds bullish structure | Source: Jelle on X

Jelle also doubts that bears will be able to defend the $4,000 level once more if Ethereum gains strength. As ETH continues to hold key support levels and attempts to reclaim the $2,800 mark, a breakout could lead to a significant rally in the coming weeks. Investors are advised to remain patient as Ethereum navigates this critical phase, with many closely watching for potential trend confirmation.

ETH Testing Short-Term Supply

Ethereum is trading at $2,805, attempting to hold this level and push higher to confirm a recovery rally. Bulls are trying to establish support at this key price zone, aiming to regain momentum after weeks of consolidation. The price is just 7% away from the critical $3,000 mark, which sits slightly above the 4-hour 200 Moving Average. A break above $2,950 and a successful hold above this level would likely trigger an aggressive bullish recovery, pushing ETH toward higher resistance levels.

ETH testing short-term supply below 4H 200 MA & EMA | Source: ETHUSDT chart on TradingView

However, if Ethereum fails to hold above $2,800, the bullish momentum could weaken, leading to another round of selling pressure. In that case, ETH could drop back toward the $2,600 demand zone or even lower. This level has previously acted as strong support, and losing it could indicate further downside risks.

For now, Ethereum remains at a pivotal point, where bulls must step up to maintain short-term strength. A breakout above resistance could fuel renewed optimism among investors, while failure to sustain current levels may lead to continued market uncertainty. All eyes are on ETH’s ability to reclaim and consolidate above key resistance levels to determine its next major move.

Featured image from Dall-E, chart from TradingView

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