The halving month is coming soon:

Unknowingly, the important halving month in our currency circle has arrived. For details, take a look at the picture below:

This bullish turn has clearly determined that it is the bottom of 60770, so if there is a chance for the 62000-60000 range in the future, I will consider adding it to the third level of the short position. Of course, if you don’t give this opportunity, then let’s wait and see when the pie is halved! Will there be a vacuum of short-term benefits after all the benefits are gone?

The short-term upward pressure is in the range of 72668-73788. Once it completely breaks through and does not fall below the 73788 position, it will go above 81000 and then seek the daily limit. The short-term downward support level is in the 68000-67100 range

March is almost over, let’s look ahead to the cryptocurrency market in April.

1. From the overall market situation

I think the probability of an increase in April is much greater than the probability of a decrease.

There is no other reason than that the Federal Reserve is expected to cut interest rates in June, and in anticipation of interest rate cuts, funds will flow into risk markets. Therefore, I am bullish on the market in April and May.

Judging from historical data, if you want to cut a boat and find a sword, in the past years, Bitcoin’s average increase in April was 12%

In short, I think the market's gains in April will not be low.

More specifically, April should focus specifically on re-staking and the Bitcoin ecosystem.

2. Let’s talk about Bitcoin ecology first

April is the month of Bitcoin halving, and there are only 20 days until Bitcoin halving.

The market expects that both the eye-catching Merlin and some other Bitcoin L2s will issue coins in April.

In the Bitcoin ecosystem, Bai Ding has always held ordi, stx and map.

stx has made a lot of money, but the performance of ordi and map has been too weak recently.

In addition, Bai Ding has not participated much in Merlin Ecology, but I am basically certain that the wealth effect of Merlin Ecology will be quite good, and everyone can pay more attention to it.

3. Let’s look at the re-pledge narrative again

According to market rumors, re-pledge projects such as eigenlayer and buffer will issue coins in April and May.

Recently, the price of ethfi has increased significantly, and Bai Ding also recommended buying it at that time.

It has fallen slightly now. If the price can return to 5u, I think it is a good time to add to the position.

Talking about the overall situation, in the past two weeks, Pendle, SSV, ethfi, and alt have performed well (well, alt's performance is average, but alt has opened staking, and the market expectations are not small).

Eigenlayer hasn’t issued any tokens yet, but the re-staking related tokens on the market are performing so well.

Once eigenlayer goes online on the mainnet and issues tokens, this project, which has received an investment of US$100 million from A16z, is likely to ignite market sentiment towards re-staking.

Therefore, you should also pay more attention to re-pledge opportunities in April.

3 cryptocurrencies worth ambush are about to explode with 100 times potential!

INJ

Injective (INJ) price dynamics show that 83% of active holders are at break-even, suggesting they are waiting for a price rebound. Meanwhile, INJ’s active addresses have recently increased after a drop in late March.

Additionally, the EMA lines indicate a solid consolidation pattern following last month’s 14.62% correction. The combination of these factors suggests that INJ may be poised for an upward trend as markets stabilize and investors remain hopeful.

INJ price has shown signs of recovery recently, rising 5% in the past seven days. Prior to that, INJ fell from $51 on March 12 to $35.48 on March 24. This bounce is a great indicator of underlying upward momentum as the INJ market struggles to shake off a previous period of less-than-enthusiastic consolidation.

Holders are closely watching the market for signs of further gains, and this optimism shows their strong belief in INJ’s value proposition. It is this collective sentiment that could spark more bullish momentum.

SUN

Since peaking on March 17, Solana’s unique user count has remained above 800,000, indicating high community engagement, which has had a positive impact on Solana ( SOL ) price. Daily DEX trading volume on the blockchain remains high, highlighting continued active participation.

Although the outlook for Solana remains bullish, it is expected that the current consolidation phase may last for a while before the coin surges higher again.

The Solana ecosystem has recently achieved an impressive feat, with total value locked (TVL) surpassing the $4 billion mark for the first time since April 2022. This milestone was reached on March 15, and Solana TLV has remained above $4 billion since March 22.

This important metric measures the total value of assets deposited on the decentralized finance (DeFi) platform within Solana and is a key indicator of the overall health of the ecosystem, the effectiveness of DeFi applications, and user engagement. The recent rise in TVL indicates a recovery in investor confidence and growing interest in DeFi products available on Solana.

ORDI

There are still 20 days left before the Bitcoin halving. The fourth halving of the pie is about to take place, but not everyone will revel. Since the block reward will be reduced by half after the halving, miners with old mining machines will face Risk of downtime and offline. Miners' income is mainly determined by block rewards and mining fees. In order to maintain income, they must find ways to increase mining fee income after the block reward is halved. Inscription is the most important part of increasing mining fees, and the inscription sector will become popular again.

If you currently hold an inscription like ordi, don't panic. In the long run, it will still be at the bottom. If you don't hold an inscription yet, you can find a place to get an inscription faucet. ORDI is now the first choice. Hanbangzi is about to launch Audi. It’s time to take advantage of the reduction in production of the big pie to make up for the increase!

Copycat aspect

The Hong Kong WEB3 conference starting on April 4 is approaching. The good news will be bad news. In the short term, we can speculate on the Hong Kong sector.

SOL is preparing to break through the previous high point, which will drive a general rise in the $SOL ecosystem. The European Cup in May is still the time for you to invest in fan coins at dips. Focusing on the medium and long-term trend, holding the currency on a one-month basis, and flipping the position once a month, the profit will be quite good in half a year.

BRC20 inscription aspect

ORDI has been rising in volume for two consecutive days, and with MACD at the bottom, it is a golden cross. This is a good thing. It is currently at the upper edge of the small range oscillation. It must break through and then fall back to stand firm before further rises are possible.

JTO

Market data shows that JTO will be one of the next cryptocurrencies to explode. The cryptocurrency has been trending upward over the past 30 days, but has also seen a brief pullback. In the past 24 hours, the price of JTO has increased by more than 6%, adding a few more points to its value. What’s more, JTO also enhances its value in the crypto community by forming partnerships with other platforms.​

JTO's trading volume increased slightly during this period, accounting for more than 33% of its market capitalization. Generally speaking, an increase in the trading volume of an asset means an increase in investor interest in the token. Therefore, opportunities are imminent for new cryptocurrencies to continue their upward trend.​

Additionally, JTO technical analysis points to the coin’s potential bullish performance. At the time of writing, the asset has an RSI reading of 56. This value means that the market bias is neutral. Likewise, JTO's price may still have more room to rise.​

The 200-day moving average reading is also signaling confirmation of impending bullish sentiment as the price remains above the EMA. However, JTO holders may see a brief pullback due to the readings of certain oscillators on the chart. For example, a reading of the JTO MACD data returns a bearish signal. While the ADI (14) reading remains neutral, the short-term trend is neither strong nor weak. Therefore, it would be better to wait for a break above the resistance in the $3.3 area before making a decision. Nonetheless, JTO offers the opportunity to earn substantial short-term returns.​

MYRO

Myro appears to have resumed its upward momentum after a brief reversal from all-time highs. The memecoin is named after Solana founder Raj Gokal’s dog Myro. The Solana memecoin culture started to gain steam earlier this year when it took the crypto community by storm. Myro is up more than 14% intraday today, bringing its trailing 30-day net earnings gain to about 36%.​

Coin chart data shows that Myro is likely to be one of the next cryptocurrencies to break out. The coin is gradually trending parabolically near the 0.31 resistance. As of writing, the price has reached $0.3075, close to its resistance.​

Therefore, a break above resistance would put Myro on the path to a breakout of ATH and some pullbacks. Signals from the Myro technical indicator also confirm the possibility of a continued uptrend. Based on its charts, specifically the daily time frame, Myro’s EMA200 is significantly lower than the current price. This suggests that the asset has more room for further upside.​

Additionally, MYRO’s neutral RSI reading is another sign that the outlook is more bullish. On the other hand, some oscillators suggest that Myro may face a minor pullback as it approaches its ATH. Therefore, it's best to take precautions when viewing assets. Another noteworthy factor in the recent Myro uptrend resurgence is that it was largely created by influencer activity, as the project saw a significant increase in social mentions. Therefore, it is best to implement a risk management strategy when dealing with assets.

NEO

Neo is an open source blockchain platform driven by a community of developers. It aims to provide a comprehensive platform for creating decentralized applications. The platform provides features such as smart contracts to automate asset management.​

In addition, Neo also has native infrastructure such as decentralized storage, oracles, and domain name services, which are essential for building the next generation of the Internet. It ranks among the top 100 cryptocurrencies and ranks 93rd with a market capitalization of $1.1 billion. Neo has shown positive performance in recent years.

Neo price has increased by approximately 10.64% in the past seven days. Meanwhile, Neo has grown at around 11.64% over the past 30 days. As of this writing, Neo is trading at $16.22, with analysts predicting a possible rise in the coming days. It is predicted that its price may cross the $20 mark.​

Sentiment towards the Neo price prediction is bullish, as indicated by the Fear & Greed Index reading of 75 (Greed). Technically, Neo is trading above its 200-day simple moving average, which is a positive sign for investors. Moreover, Neo has seen positive price changes on 18 of the past 30 days. Despite its current market position, Neo’s price is still well below its all-time high (ATH) by around 90%. The question of whether Neo can recover in the foreseeable future is legitimate, especially considering its correlation with other major cryptocurrencies like Bitcoin. -

Tell me about the inscriptions

Previous articles have said more than once that April belongs to Inscription. It can be seen from the recent performance of ordi that it has always wanted to perform, and major Inscriptions have also chosen April to go online.

Tell me about ordi

The price of Audi 75 is just a Fibonacci technical resistance level. It is expected that it will not take long for breakthroughs to continue. Just looking at the triangle itself in the picture above, after the breakthrough, you can see the price around 84

More importantly, Ordi has been fluctuating widely for more than four months since it surged higher in December last year, and both the duration and amplitude of the fluctuations have been sufficient. I mentioned my opinion about Ordi before, thinking that 50 can only be achieved by inserting pins. It is a very good buying position when it falls to around 61

In fact, judging from the 3D level K-line, the closing lines remain above 61, and the lowest pin drops to around 55. As long as there is no leverage, the spot price at a low level will give you enough time to buy.

The top of Ordi's exchange rate appeared on January 2, and Ordi also reached a high of 92 on the same day, so January 2 was regarded as the end of a wave of rising prices. The exchange rate reached lows on March 19 and March 28, forming an obvious double-bottom structure, and has completed the breakthrough of the double-bottom. Therefore, it can be considered that the lowest point on March 28 is the beginning of a new round of market conditions. Real Ordi price reached lowest on March 19

Based on the above time point, Ordi has completed a complete 5-wave rise. Combined with the triangle breakthrough and the double bottom structure breakthrough of the exchange rate mentioned earlier, Ordi is likely to have completed its 2-wave correction, and a new rise has begun.

When does copycat season come?

It’s not BTC’s return percentage that triggers “cot season,” but its wealth effect. Bitcoin’s market capitalization has grown by $941 billion since September 2023, approaching $1 trillion

Most altcoins are relatively small and it doesn’t take much wealth within them to significantly increase their price. Currently, the market cap of altcoins as a whole, excluding ETH and major stablecoins, is $588 billion

What we need to pay close attention to is the inflow/outflow of CEX. Inflows to the three most popular CEXs since January 11:

OKX - $1 billion in inflows Robinhood - $263 million in inflows Binance - $247 million in inflows

Meanwhile, cumulative inflows into ETFs have reached more than $10 billion. It’s clear that ETFs are the new preferred way to buy and hold Bitcoin

Altcoins, on the other hand, do not have ETFs. First CEX, then DeFi, these are the two ways to get altcoins

Increased inflows into CEXs = Investors looking to buy altcoins

Not really. Simply put, this cycle adds one more step to the market. We went from CEXs → DEXs to ETFs → CEXs → DEXs, and this extra step will result in hundreds of billions of dollars flowing into CEXs. We just need some patience. Where are we heading?

If we have the same pattern as the last cycle, we will see altcoins (excluding BTC - ETH - USDT - USDC - DAI) market share of around 38% at the peak

With an overall cryptocurrency market capitalization of $7.8 trillion, altcoin market capitalization will be approximately $2.96 trillion, or 5.1 times the current value

The final phase will come when inflows into CEXs/DeFi equal or exceed those in ETFs

Next, let’s talk about the trend after the halving. How should we do it?

In this round, I think the top of Bitcoin is likely to be above $120,000, so I think when Bitcoin exceeds $120,000, we need to consider the issue of escaping the top in batches. Above $150,000 is the maximum limit of this round, and it is also the maximum value of my cognition in this round. In plain words, when the subsequent market is above $150,000, I will consider selling all Bitcoin positions and wait for the bear market.

Regarding Ethereum in the long term, I conservatively think that if the price is above 10,000 U, it should be shipped in batches, and if it is above the daily limit of 12,000 U, it can be cleared and wait for the bear market.

"When it's a bull market, everyone will buy it. If you can make a profit by buying it, who won't buy it? The most important thing in the bull market is selling. How to ensure that you sell, lock in profits, and be safe. Because the more you earn, the less you earn. In the end, you will make money. When the next bear market comes, you will have the funds to buy cheap chips at the bottom. On the other hand, when the real bear market comes, it is correct to endure it boldly, buy and buy happily, and be happy.