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BTC fundamentals: The weekly level closed with a high wind and big wave, which means that the battle between long and short last week was extremely fierce. The short side won. Yesterday, the daily level closed with a small positive line, and the daily level is now below the 5-day moving average. In the short term, it is in a rebound and repair trend. The 60,000 area is likely to be the bottom range of this round; if there is a second bottom in the market, it will be an excellent opportunity to pick up new people, which should not be missed. Finally, choose to go up, and the bull market will continue. Strong pressure: around 72700; around 75200; ETH data: ETH wallet balance: 12,168,995.60 ETH; 24-hour change: -6995.46 (April 15 08:00); the reduction of ETH means that it is reluctant to sell. ETH fundamentals: It has fallen to the 120-day moving average and the 5-month moving average, and is now above the 120-day moving average. In the short term, if there is another opportunity to confirm the second bottom, it will be a good position to pick up people. The current round of interim bottom is expected to form around 2852, and there is a strong demand for oversold rebound in the future market. Altcoins: The altcoin market has recently experienced a devastating decline, resulting in the liquidation of $2.3 billion in funds, and most of the losses came from altcoins. This huge liquidation is expected to play a key role in the future market rise. I have been emphasizing for several days that players should firmly hold altcoins and build positions according to the plan, not be affected by the decline, wait patiently, and accompany time.

BTC fundamentals: The weekly level closed with a high wind and big wave, which means that the battle between long and short last week was extremely fierce. The short side won. Yesterday, the daily level closed with a small positive line, and the daily level is now below the 5-day moving average. In the short term, it is in a rebound and repair trend. The 60,000 area is likely to be the bottom range of this round; if there is a second bottom in the market, it will be an excellent opportunity to pick up new people, which should not be missed. Finally, choose to go up, and the bull market will continue. Strong pressure: around 72700; around 75200;

ETH data: ETH wallet balance: 12,168,995.60 ETH; 24-hour change: -6995.46 (April 15 08:00); the reduction of ETH means that it is reluctant to sell.

ETH fundamentals: It has fallen to the 120-day moving average and the 5-month moving average, and is now above the 120-day moving average. In the short term, if there is another opportunity to confirm the second bottom, it will be a good position to pick up people. The current round of interim bottom is expected to form around 2852, and there is a strong demand for oversold rebound in the future market.

Altcoins: The altcoin market has recently experienced a devastating decline, resulting in the liquidation of $2.3 billion in funds, and most of the losses came from altcoins. This huge liquidation is expected to play a key role in the future market rise. I have been emphasizing for several days that players should firmly hold altcoins and build positions according to the plan, not be affected by the decline, wait patiently, and accompany time.

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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