$FET

AI sector tokens

At the end of the month, you can deploy more AI sector tokens before May

Next month, the AI ​​sector will be strong, and there will be the Apple Developer Conference in June

FET is related, the current price is still at the bottom, buy on dips, don't chase highs

Build a position in advance near the line price of 2.13, and deploy at the end of the month, you can ambush a wave of good news in May in advance.

There are two major events to watch tomorrow
1. The US sentenced CZ. Although the probability of being sentenced to 3 years in prison is the highest, I still hope that he will be acquitted or only fined a small amount of money.
2. Hong Kong opens Bitcoin and Ethereum ETF trading. If the amount of funds flowing in is large enough, it will help BTC/ETH pull up the market and easily trigger a butterfly effect, which will increase the probability of the US passing the Ethereum spot ETF

#今日市场观点

The current price of Ethereum is around 3179! So far, Bitcoin has fallen below the 62,000 mark, reaching around 61,900, and Ethereum has fallen to around 3152!

Today's decline is still okay. As for how to look at the market in the future, I personally think that the short position is still relatively strong, especially the current K-line pattern of Ethereum looks stronger than Bitcoin!

Personally, I think Ethereum will first look at around 3120. If it breaks through strongly, then we will see the target around 3070 to 3050! Steady rebound, mainly light short position!

💥💥The first batch in Asia, Huaxia Bitcoin ETF and Huaxia Ethereum ETF will be issued on April 29 and listed on the Hong Kong Stock Exchange on April 30

Huaxia Bitcoin ETF and Huaxia Ethereum ETF have been approved by the Hong Kong Securities and Futures Commission (SFC) and are scheduled to be issued on April 29 and listed on the Hong Kong Stock Exchange on April 30.

This is the first time such products have been launched in the Asian market. The two products aim to provide investment returns that closely follow the spot prices of Bitcoin and Ethereum (before deducting fees and expenses).

Compared with physical cryptocurrencies, Hong Kong's spot cryptocurrency ETFs are recognized by regulators, listed on traditional exchanges, managed by professional fund companies, and regulated by cooperating cryptocurrency exchanges. The world's first physical subscription and redemption mechanism is expected to attract crypto asset investors who convert physical cryptocurrencies into ETF products.

Huaxia Fund Hong Kong is a wholly-owned subsidiary of Huaxia Fund. It has been established in Hong Kong for 16 years and is the top Chinese fund company in Hong Kong. In the overall ETF market in Hong Kong, it ranks in the top four and manages several of the world's largest or Hong Kong's largest ETFs.

In the cryptocurrency world, the pyramid can be used to describe the society: the top, the middle, and the bottom. Which part do you belong to?

The bottom

It is composed of many ordinary investors and novices who have just entered the apprenticeship (commonly known as the green hands and leeks). They may be infected by people around them or the people on the Internet, and join this industry without knowing anything about it.

They lack experience and knowledge, and are easily affected by market fluctuations and people at the top and the middle of the pyramid. They belong to the horizontal row of fence-sitters. Although they belong to the bottom of the pyramid, their behavior and decision-making may also have a certain impact on the market, especially in large-scale buying and selling behaviors, which may cause violent fluctuations in the market. Just like the food chain, any chain failure will cause the destruction of the food chain.

Maybe they enter this ranks just to kill time or earn money for a cup of milk tea every day, so please don't say bad things to them. Who hasn't walked through the apprenticeship slowly!

The middle

It is composed of most people who have a certain influence in the cryptocurrency world, are rich in resources, and are skilled in technology. These people make a living by trading cryptocurrencies, and they can make very good profits through technical analysis and market insights.

There are also some researchers who have a deep understanding of the cryptocurrency market and can provide valuable market analysis and predictions (commonly known as masters and teachers), while some people at the bottom of the tower will look at the people in the tower and follow them.

Although these people are not as famous as those at the top of the tower, their influence cannot be easily ignored, and their behavior and words still have a certain influence on the market.

The top of the tower

It is composed of a small number of people with huge wealth, high social status and high prestige. These people may be early investors in Bitcoin. They believed in its potential when Bitcoin was first launched and invested a lot of money.

In addition, they may also be founders or executives of some projects, with a large number of tokens or shares. Some top traders will also be in this position. They have superb market analysis skills and can accurately predict market trends (commonly known as big guys)

Their words and actions in the cryptocurrency circle can often lead the direction of the market, and even change the entire market structure.

End

There is a relationship of mutual influence and checks and balances between the various levels of the pyramid, which together build a complete cryptocurrency society. Therefore, respecting people at different levels and maintaining a peaceful mentality is crucial to the stable development of the entire cryptocurrency society.

#今日市场观点

Some bottom-picking strategies

1. The currency you buy must have a previous bottom, and there is no currency with good fundamentals that follows the market to hit a new low. You cannot simply buy more as it falls. The left-side bottom-picking funds should be divided into five to six parts and enter in a step-by-step manner. Don’t go all in at once.

2. Double bottom, triple bottom, head and shoulders bottom, arc bottom, etc. According to the type of pattern that may evolve, once the pattern completes a breakthrough upward, you must increase your position and buy in time.

3. After a large positive line, there are more than three small positive lines or cross stars. The probability of rising in the future market is very high, so you can buy immediately.

4. When the rebound is pulled up, there is a trend of shrinking volume and stepping back. At this time, MA5, MA10 and MA20 converge to form a golden cross, and there are signs of another upward attack, which is the best opportunity to build a position.

#今日市场观点

[Bitcoin 4H level trend analysis is as follows]

1. K-line pattern:
Recent daily K-lines show that prices have experienced a downward trend, especially on April 29, when there was a large drop.

In the 4-hour K-line, prices fluctuated violently, with multiple rapid rises and rapid declines.

2. Technical indicators:
In the MACD indicator, both DIF and DEA are in the negative area, and DIF is still lower than DEA in the latest data, indicating that the market may still be in a downward trend.
The MACD histogram also shows a negative value, further confirming this trend.
The KDJ indicator shows that the J value has declined in recent cycles, but overall, K, D, and J are intertwined, and there is no obvious golden cross or dead cross signal, suggesting that the market may remain volatile in the short term.
In the EMA indicator, the 7-day EMA is always below the 30-day EMA, indicating that the market trend is weak in the short term.

3. Trading volume:
The daily trading volume gradually decreased after reaching a peak on April 24, reflecting a decline in market activity.
The 4-hour trading volume will increase when the price fluctuates greatly. For example, the trading volume at 08:00 on April 28 and 08:00 on April 27 was high, indicating that price fluctuations attracted more trading participation.

The white market still chooses high 🈳 as the main!

Let's talk about the market: Grayscale currently has about 300,000 Bitcoins, which is half of the peak of 600,000. Although the outflow rate has slowed down, it is still being sold because of the high handling fees.

Second, most of Grayscale's chips were accumulated in the previous cycle, with a very low cost price, and there is also a need to cash out. Previously, BlackRock continued to buy chips, and many of them were sold by Grayscale. In essence, BlackRock dragged up the price of Bitcoin.

But in recent days, BlackRock's inflow has slowed down, and Bitcoin is unlikely to improve in the short term. Unless the macro level improves, the supply and demand balance after Bitcoin is halved, and the price is estimated to take some time to play a role.

After talking about Bitcoin, let's talk about Ethereum. The exchange rate of Ethereum to Bitcoin has risen in the past two days. Recently, it has been emphasized that Brother Sun is building a large position in Ethereum. Regardless of whether it is finally approved or not, at least large funds are coming in, so we need to re-examine whether Ethereum spot will really pass in the end, in May or June?

It is not impossible. Funds are sometimes very sensitive. According to the last cycle, the sharp rise of Ethereum also occurred in the second half of the bull market. Calculating the cycle, it is almost the second half of the bull market. Everyone should pay attention to this. If Ethereum can continue to rise and drive the rise of cottages, then the cottage season may begin.

In addition, the holiday mode will be turned on May Day soon. I will only update briefly in the next few days. You don’t have to soak in the market every day, and you also need to add some color to your life appropriately!

#今日市场观点

Bitcoin fell below $62,000 again, with $112 million liquidated in the past 24 hours.

You must use stop loss when using leverage,

bnb, pepe, sol, ethfi... are all very important, but don't touch them at this moment.

In the current market, if you are not good at contract trading, it is best to stop trading, or do not have a pattern, and run away when you get the meat. The most important point is to set a stop loss.

Spot trading can be bottomed out in batches, and short-term trading can be run away when you get the meat. As for those with small funds, they should grasp the timing and risks with contracts that are small-scale and big-risk.

$METIS

Review: METIS
Compared to other l2 projects, the overall market value is relatively low, the circulation and unlocking are quite good, and the subsequent market selling pressure has advantages in all aspects.
The current TVL of the project is relatively low. If it develops properly in the future, it will be an opportunity for an outbreak.
Pay attention to the entry opportunities near 46-55 below, which is also a strong support. The short-term resistance above is near 75. If the daily line stands firmly at this position, it can go out of the short-term reversal situation.

#今日市场观点

$BTC

How long will Bitcoin’s re-accumulation phase last? appeared first on Coinpedia Fintech News
In a recent analysis, cryptocurrency analyst Rekt Capital took a deep dive into Bitcoin’s current market dynamics, revealing a possible extended re-accumulation phase following the recent halving event. The analyst highlighted that Bitcoin has transitioned from a pre-halving retracement phase to a re-accumulation period. This phase, characterized by sideways consolidation, is crucial in setting the stage for the next upswing in Bitcoin’s price.
Rekt Capital revealed key support and resistance levels, indicating that Bitcoin is currently consolidating in a range, with resistance above at around $70,000 and support below at around $66,000.
Comparing to historical patterns, the analyst referenced the re-accumulation ranges observed after the halving events in 2020 and 2016. In 2020, it took Bitcoin 160 days from the halving event to breakout, while in 2016, a similar range lasted 154 days.
Given these historical precedents, Rekt Capital speculates that the ongoing re-accumulation phase could last up to 150 days or even longer, potentially extending into late September or early October. The analyst said a re-accumulation period of more than 200 days could be an ideal time for Bitcoin's market cycles to realign with historical norms and slow the pace of acceleration in the pre-halving period.
In addition, Rekt Capital explains the importance of Bitcoin going through a period of underperformance followed by outperformance, highlighting the need for the current re-accumulation phase to balance the rapid acceleration before the halving.
The analysis concludes with a call for caution and patience, noting that while Bitcoin has achieved significant milestones before the halving, it may need to achieve equally significant achievements after the halving to sync with historical trends. The analyst believes that an extended re-accumulation phase could catalyze the achievement of this balance, potentially leading to a more sustainable bull market trajectory.

$BTC

Analysis of BTC and ETH market on April 29:
Today’s highlights
BTC is focusing on the support level of 62,000 in the intraday private search level. The current short-term support level is around 60,000. As long as the current daily level does not fall below 62,000 points, the market will not touch the 60,000 barrier, so there is no need to worry. Yesterday and the day before yesterday, the rebound stage of Bitcoin fell back to the 64,000-65,000 range, and the bottom of the retracement did not gradually expand, so today pay attention to the support rebound of 62,000, and pay attention to 64,000-6500 above. 0 interval position, the current key point is still in the 67000-68000 interval line, and it needs to stand firmly at the 68000 line to get a bigger breakthrough
$ETH
ETH closed with a big positive line at the daily level yesterday. As long as it does not fall to yesterday's starting point today and closes the real negative line to lose all yesterday's gains, it will still fall back and stand firm at 3200 points. The market situation is still a position of rushing up to the 3500-3600 interval point. Now it belongs to a daily level downward channel, but yesterday's rush was close to 3400 points and did not completely touch or get a good breakthrough. Therefore, the current daily level support point is in the 3060-3120 interval line, and the intraday level support point on the four-hour level is around 3200 points.

Core: There should be a systematic way of thinking to judge the market!

In my opinion, the priority of factors for judging the market:

1. Macro news: positive and negative expectations, progress after landing

2. Industry progress: expected narrative, utility after landing

3. Market behavior: market actions of institutions and core OGs (trading, construction, emotions)

4. Technical reference: K-line characteristics, patterns, trends and other indicators above a week

5. On-chain analysis: various on-chain data indicators derived from chips

Remember in a small notebook: Don’t over-study a reference factor, such as on-chain indicators. In my opinion, the priority is the lowest, and even lags behind the K-line. Only when 1234 changes will the results be transmitted on the chain. In most cases, it is meaningless to study it in depth, and it may even make you fall into a "short-term misunderstanding".

The market cycle follows its own logic. It is good enough for us to try to be parallel. If we want to lead the market through a certain factor, we will naturally be taught a lesson by the market.

Bitcoin 4-hour chart: Bitcoin fell 1,600 points yesterday, and the US stock futures opened up 45 points this morning. It is predicted that after the US stock market opens tonight, the price trend of Bitcoin will lead to a small wave of rise. There are two possible trends during the day:
1. Continue to consolidate in the 62700-65290 range
2. Break through 65290, and the price returns to the 65290-66850 range

Yi Tai daily chart: Yi Tai fell 110 points yesterday, and the current price is stable above 3204.

Observe the price of 3204 during the day and synchronize with the Bitcoin support level. If the price stabilizes, you can open a long position directly, with the target at 3276, 3327

Here is a key reminder to reduce the volume and attack, and the main force locks the position. The bottom support of Auntie changes every week and starts to move upward. Once Auntie stabilizes above 3700, the cottage season will accelerate.

The Fed's interest rate will be announced in the early morning of Thursday. It is likely to maintain the interest rate, so this news has basically been digested by the market. You only need to pay attention to whether Powell's speech is hawkish or dovish. The big cake may be inserted at any time and rise again after 61510.
This week, you need to pay attention to the ADP employment number on Wednesday, the Fed's interest rate decision and Powell's press conference in the early morning, the unemployment benefit data on Thursday, the unemployment rate and non-agricultural data on Friday, and the Ministry of Finance's policy

On April 29, the decentralized physical infrastructure network (DePIN project) meson.network tweeted that it will airdrop mainnet tokens to about 500,000 to 600,000 miners who test its mining system in stages. The official estimate is that it will take one to two weeks to complete the distribution of all tokens, and will switch to mainnet mining after the airdrop is completed. ​​​​

💪Must-learn for leeks: Sharing about position management and the probability of continuous losses!

Many newbies do not understand position management, so here is a brief tutorial

Loss-based position management is a common position management method in trading. The core idea is to determine the size of the trading position based on the preset stop loss price, thereby controlling the risk.

For example:

1. If Zhang San decides to open a position, he first needs to assess his risk tolerance. After analysis, he determines that the maximum loss he is willing to bear is 2% of the total position. (That is, you decide how much money you can lose on this order at most)

2. Next, Zhang San observes the market and decides to set a stop loss point. When the price of the currency falls by 10%, he will choose to close the position and exit the transaction.

Based on the principle of "loss-based position management", Zhang San can now calculate the position of this transaction.

3. Assuming that his total position is $10,000, the maximum acceptable loss is $200 (ie 2%).

Since the stop loss point is set at a 10% drop in price, Zhang San should control the amount of the position within $2,000, so that even if the stop loss point is reached, the loss will not exceed his risk tolerance. (2% of the total position, or $200)

That is: the total position is $10,000, and the fixed loss is 2% (the maximum acceptable loss is $200)

If I go long, the stop loss is 10% of the current market price, then I can only invest a maximum of $2,000. In this way, if the market falls by 10% and hits my stop loss, then my maximum loss is $200 (2% of the total position). This is the position fixed by loss.

This way of opening a position can effectively control the risk, and your maximum loss each time is controllable.

According to this discipline, as long as you set a small loss, you will never blow up your position

Generally, the fixed loss is based on the percentage of the total position. For novice traders, I suggest that each fixed loss is 1~3% of the total position, so that you can live longer.

If you have $10,000 and you set a loss of 2% for each trade, then you need to lose 228 times in a row to lose all the $10,000 (based on the remaining principal being less than or equal to $100).

According to probability, the probability of you losing 228 times in a row is extremely low, which is 0.5 to the power of 228: (0.5^{228}), which is infinitely close to zero.(Original: Am Midnight Starlight)

So don’t listen to the bragging of charlatans and unscrupulous self-media, and don’t invest heavily at any time. For us, we must protect our bullets to survive long.

For leeks, investing heavily: if you make money, it’s luck, if you lose, it’s what you deserve, and the money you make by luck will be lost by ability. 👍👍

What do you think of the CZ hearing tomorrow on the 30th?

A: 3 years as a sewing machine

B: Released as a free man

C: Light sentence, but must pay a fine of billions

D: The lawsuit continues, the Americans hype, and the currency circle is bloody

There will be great uncertainty in the market next week. The world should not only pay attention to the latest developments in the geopolitical situation, but also pay attention to the impact of the data released by the Federal Reserve.

In addition to the uncertainty of the geopolitical situation in the Middle East, we also need to pay attention to the various data impacts of the super data week. Starting from Wednesday, the data will be gradually released, so there may be a change in the market starting from Wednesday.

Pay attention to the small non-farm US ADP employment in April and the US ISM manufacturing PMI in April on Wednesday. Pay attention to the number of initial jobless claims in the United States for the week ending April 27 on Thursday, including the Federal Reserve’s interest rate decision at 2 a.m., and the Federal Reserve Chairman Powell’s monetary policy press conference. Pay attention to the US unemployment rate in April and the US seasonally adjusted non-farm employment in April on Friday. These major data can affect the current market view.

In the case of ETH's rebound, it is not difficult to see that the biggest beneficiaries today are the ETH pledge and re-pledge sectors, SSV, ETHFI, LDO, and PENDLE.

But this is just an appetizer, and the ETH Prague upgrade has not yet been hyped. One of the proposals for the ETH upgrade, EIP6110, is good for the ETH pledge and re-pledge sectors;
Now only the ETH ETF is being hyped, and it is conceivable that the prospects for these two sectors are very large.