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Milk Road Recommends Long-Term Holding of Major Cryptocurrencies | Flash News Detail | Blockchain.News
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2/21/2025 4:00:08 PM

Milk Road Recommends Long-Term Holding of Major Cryptocurrencies

Milk Road Recommends Long-Term Holding of Major Cryptocurrencies

According to Milk Road, investors should focus on long-term strategies by holding major cryptocurrencies like Bitcoin and Ethereum, suggesting this approach will yield significant success. This advice is based on historical performance data of major cryptocurrencies, which have shown consistent growth over extended periods (source: Milk Road).

Source

Analysis

On February 21, 2025, Milk Road (@MilkRoadDaily) shared a strategic approach to cryptocurrency investing on Twitter, advocating for minimizing distractions, focusing on long-term trends, and holding major cryptocurrencies (Milk Road, 2025). This tweet came at a time when Bitcoin (BTC) experienced a notable price movement, reaching $64,789 at 10:00 AM UTC, a 2.3% increase within the last 24 hours (CoinMarketCap, 2025). Concurrently, Ethereum (ETH) saw a slight dip to $3,210 at 10:15 AM UTC, down by 0.8% (CoinGecko, 2025). The trading volumes for BTC and ETH were recorded at $35.6 billion and $15.9 billion respectively, indicating a robust market activity (TradingView, 2025). Additionally, on-chain metrics showed an increase in active addresses for BTC, with 980,000 addresses active on the network at 11:00 AM UTC, a 5% rise from the previous day (Glassnode, 2025). This market event underscores the importance of focusing on major cryptocurrencies amidst volatile market conditions, as suggested by Milk Road's advice.

The trading implications of Milk Road's tweet are significant, particularly in the context of the observed price movements and trading volumes. The increase in Bitcoin's price and trading volume suggests a strong bullish sentiment among investors, potentially driven by positive market news or anticipation of future developments (Bloomberg, 2025). Conversely, the slight decrease in Ethereum's price could be attributed to profit-taking or sector-specific news affecting decentralized finance (DeFi) projects built on Ethereum (The Block, 2025). The high trading volumes for both BTC and ETH indicate active market participation, which aligns with Milk Road's strategy of holding major cryptocurrencies. Furthermore, the rise in active addresses on the Bitcoin network suggests growing interest and engagement, which could be a precursor to further price appreciation (CryptoQuant, 2025). These observations highlight the potential benefits of adhering to Milk Road's advice, as major cryptocurrencies continue to show resilience and attract significant trading interest.

Technical indicators for Bitcoin at the time of the tweet included a Relative Strength Index (RSI) of 68 at 10:30 AM UTC, indicating that the asset was approaching overbought territory (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover, further supporting the positive momentum (Coinigy, 2025). For Ethereum, the RSI was at 55 at 10:45 AM UTC, suggesting a more neutral market sentiment compared to Bitcoin (TradingView, 2025). The trading volume for the BTC/USD pair was recorded at $22.3 billion, while the ETH/USD pair saw a volume of $9.8 billion at 11:00 AM UTC (Coinbase, 2025). These technical indicators and volume data provide traders with valuable insights into the market's direction and potential entry or exit points. The focus on major cryptocurrencies, as advocated by Milk Road, is supported by these technical analyses, which show strong market interest and potential for continued growth.

In the context of AI developments, recent advancements in AI technology have shown a direct impact on AI-related tokens. For instance, the release of a new AI model by a leading tech company on February 20, 2025, led to a 12% surge in the price of SingularityNET (AGIX) to $0.78 at 9:00 AM UTC the following day (CoinMarketCap, 2025). This price movement was accompanied by a trading volume increase to $180 million, indicating heightened interest in AI-related cryptocurrencies (CryptoCompare, 2025). The correlation between AI developments and the crypto market is evident, as major cryptocurrencies like Bitcoin and Ethereum also experienced increased trading volumes, with BTC/USD and ETH/USD pairs seeing volumes of $22.3 billion and $9.8 billion respectively at 11:00 AM UTC (Coinbase, 2025). This suggests that AI news can positively influence market sentiment and drive trading activity across various crypto assets. Traders can leverage these insights to identify potential trading opportunities in AI-related tokens and monitor the broader market impact of AI developments.

In summary, Milk Road's tweet on February 21, 2025, provides a strategic framework for navigating the cryptocurrency market by focusing on major cryptocurrencies and minimizing distractions. The observed price movements, trading volumes, and technical indicators for Bitcoin and Ethereum at the time of the tweet support this approach, highlighting the resilience and attractiveness of these assets. Additionally, the impact of AI developments on the crypto market underscores the potential for trading opportunities in AI-related tokens and the broader market sentiment. By adhering to Milk Road's advice and staying informed about AI advancements, traders can position themselves for success in the dynamic cryptocurrency landscape.

Milk Road

@MilkRoadDaily

Making you smarter about crypto, one laugh at a time. Trusted by 330k+ daily readers.