CFX
Hong Kong concept: $MASK , $CFX Since the beginning of last year, Hong Kong’s attitude towards this area has been changing.
Coupled with the approval of the ETF this time, I feel that the Hong Kong sector can make bigger moves. At the same time, there is action on the $MASK chain, and the chips are relatively concentrated. At the end of last year, Murong Sui, the leader in Hong Kong, kept saying that there would be a Hong Kong carnival in April 2024, and CFX also kept bottoming out. Let me talk about the logic of CFX:
1: CFX’s Bitcoin L2 testnet is expected to be deployed in March, and the mainnet is expected to be deployed in May.
2: Hong Kong Web3 Carnival from April 6 to 8, 2024. The Hong Kong concept may be hyped again in March just like in 2023.
It is estimated that before the subsequent Hong Kong Carnival starts, the Hong Kong sector will improve. Lina and ACH are both Hong Kong sectors. Everyone should add their own selections. When ambushing, be sure to watch the K-line. If there is a pullback, you can place a bottom position! #CFX.

Today's Altcoin Review

SAGA - Worth Holding

CKB - Worth Holding

SLN - Worth Holding

BSV - Worth Holding

The Altcoin market is adjusting in sync with the mainstream market, and is waiting for the start-up signal of the Altcoin market.

RGB++ has started free casting, and the market performance has been flat recently. As the gas fee on the Bitcoin chain returns to the normal level, OTTER has seen a slight increase. As an emerging protocol, RGB++ plays an important role in the development of the Bitcoin ecosystem. Keep an eye on this field. Although the market is not good, now is a good time to buy the bottom. Consider light intervention and choose to buy when it is low.

As the European Cup approaches, the fan coin series may perform well. PORTO, LAZIO, SANTOS, etc. are worth paying attention to, and follow up appropriately according to the situation.

PEPE market status
PEPE - Pepe has been having great success lately, up 3% today, 14% this week, and an impressive 22% this month. Analysts believe there is still potential for greater growth and expect more significant gains in the future. Currently, Pepe is in an upward trend with a price of $0.0000085 and a market capitalization of $3.562 billion.

PEPE’s recent price surge has been linked to Elon Musk’s statement that Tesla may accept Dogecoin as payment. Although the news did not directly mention PEPE, it ignited enthusiasm for the entire meme coin market, causing the total market value to increase by 8.29% to $58.6 billion. Analysts believe that this rising momentum is a positive signal for PEPE’s continued growth in the future, further strengthening the currency’s upward trend.
PEPE Coin Token Economics

PEPE

Coin has a total supply of 420,690,000,000,000 tokens and adheres to a "no tax, no nonsense" policy. This limited supply creates scarcity, which may increase the value of the coin as demand grows. In terms of distribution, 93.1% of tokens were sent to the liquidity pool, LP tokens were destroyed, and contracts were abandoned. The remaining 6.9% is stored in a multi-signature team wallet for future centralized exchange listings, bridges and liquidity pool retention. The wallet can be tracked using the ENS name "pepecexwallet.eth".
PEPE's utility within its ecosystem defines its main use cases and applications. ImpactPEPE
Factors in a coin's value include market sentiment, overall adoption, and the utility of the coin within its ecosystem. External factors such as regulatory changes and the performance of the broader cryptocurrency market can also affect its price. PEPE
Coin has a deflationary mechanism, burning a small portion of the token with each transaction, reducing the total supply over time. This scarcity helps increase the value of the coin, making it more attractive to potential investors. In addition, PEPE
Coin uses a redistribution system where a portion of each transaction is allocated to existing token holders, thus incentivizing long-term holding and investment.

in conclusion

Pepe Coin serves as an interesting addition to the memecoin space, with unique token economics and a focus on community engagement. However, investors should be cautious about this investment and conduct adequate research before making any decisions.
As always, we must remember that the cryptocurrency market is highly volatile, and investors should weigh the potential risks and rewards when considering investing in any cryptocurrency. Will Pepe Coin continue to grow in popularity and value, or will it fall victim to the volatility of the cryptocurrency market? These are questions that only time will tell.
Pepe Coin and other memecoins represent a fascinating phenomenon in the cryptocurrency space. Their unique blend of humor, community, and memecoin development strategies challenge traditional cryptocurrency perceptions. As the market continues to develop, it will be interesting to see how memecoins continue to shape the future of finance.

This rebound is mainly focused on bottom-fishing Solana and Solana eco-coins, as well as meme coins on the Solana chain, which have performed the best!

Here are some of the Solana eco-sectors that can be focused on:

1. The cross-chain bridge from Solana to Bitcoin is expected to be launched in the third quarter of 2024. The Zeus Network will launch the Zeus Program Library (ZPL) connecting the two ecosystems at the same time.

2. "These ZPL assets open up a world of opportunities for Solana," Zeus Network wrote on Medium on May 1. "Promote activities such as DeFi, GameFi, SocialFi, DePIN, which were previously challenging on the Bitcoin blockchain."

3.
Zeus programs consist of a set of Solana Virtual Machine (SVM) programs that enable developers to integrate native Solana support into decentralized applications. In turn, these programs power transactions across multiple blockchains. According to Zeus Network, ZPL assets can take the form of cryptocurrencies or NFTs. In addition, the network has received support from Solana co-founder Anatoly Yakovenko and Stacks co-founder Muneeb
Ali.

4. Subsequently, the Solana Bitcoin Bridge will allow users to deposit Bitcoin and receive ZPL-wrapped zBTC tokens in return. These tokens can be used to participate in decentralized exchanges, NFT markets, lending, games, and SocialFi within the Solana ecosystem.

Yesterday's review:

Yesterday, Bitcoin's lowest point was 62833, and its highest point was 64644. The intraday fluctuation was 1811 US dollars, with an amplitude of 2.9%. Ethereum's lowest point was 3071, and its highest point was 3171. The intraday fluctuation was 100 US dollars, with an amplitude of 3.2%.

Today's analysis:

Bitcoin is currently quoted at 64120 US dollars, and the daily line broke through the rising resistance and returned to the central range. Although after this rebound, Bitcoin still has 10% room to rise to the resistance area, so it has been mainly at a low level recently. Ethereum is currently quoted at 3147 US dollars, and is generally in a large downward channel. To effectively reverse, it needs to break through 3300 US dollars, and the strong support level is around 2850 US dollars. Pay attention to the new projects that have been launched recently. If the valuation is too high, you can wait for the callback after the launch before considering entering the market. For the "0" rune, those with spare money can buy it gradually. This is a project that will definitely explode in the later stage, and the current price is much lower than the casting price. It is recommended to buy the synthesis method as much as possible instead of buying one by one.

Today's altcoin review:
SAGA: It is recommended to continue holding. CKB: It is recommended to continue holding. SLN: It is recommended to continue holding. BSV: It is recommended to continue holding.
The altcoin sector adjusted synchronously with the mainstream market, and today the AI ​​sector showed a significant rebound, with most AI currencies showing a high increase. As BTC stabilized at $62,000, the altcoin market began to pick up. For those investors who have built positions at $62,000, it is recommended to hold and wait for the altcoin market to start. For investors who have not yet built positions, it is recommended to pay attention to the trend of BTC during the day. If it falls back to around $62,000, you can consider building a position on a dip.
RGB++ has opened free casting. Despite the recent sluggish market, the GAS fee on the BTC chain has returned to the normal level, and OTTER has risen slightly. RGB++ is a very good new protocol that plays an important role in the construction of the BTC ecosystem. Although the market continues to be sluggish, now is the time to buy at the bottom, and you can consider buying moderately because the market has not yet attracted widespread attention.
As the European Cup approaches, you can follow up with the fan coin series as appropriate, especially PORTO, LAZIO and SANTOS, which deserve special attention.
The domestic altcoin market is on the sidelines today. For more altcoin strategies, please pay attention to the latest community information.

April 30: Altcoin Overview
For SAGA, it is recommended to continue holding (although the price of the new coin fluctuates greatly). The recent decline is large, and it is recommended to add hidden coins to reduce the average cost.
CKB recommends continuing to hold.
SLN recommends continuing to hold.
BSV recommends continuing to hold.
The altcoin sector as a whole showed a slight correction, and it is expected that altcoins will be fully launched next month. Today, pay close attention to the support of BTC at $62,000, and consider following up with altcoin positions.
RGB++ has started free casting. The market has been sluggish recently. The gas fee on the BTC chain has returned to the normal level, and OTTER has risen slightly. RGB++ is also a very good new protocol, which has a good effect on the construction of the BTC ecosystem. Continue to pay attention to this sector, and consider buying OTTER and CAT++ at the bottom after the market recovers. The subsequent rise is expected to be good.
The European Cup is about to start, and you can moderately follow the fan coin series, especially PORTO, LAZIO and SANTOS.

Market liquidity may change significantly in early May, and investors need to be prepared for price fluctuations:
On May 1, the U.S. Treasury Department released a refinancing plan involving national debt. This directly affects market liquidity. As mentioned in previous analysis articles, this may be a major positive factor.
On May 2, the Federal Reserve will hold an interest rate meeting. Based on current data, the Fed is not yet in a position to cut interest rates, so this news could have a negative impact on markets.
On May 3, non-farm employment data will be released. This data is likely to bring negative news as well.
To prepare for possible price fluctuations, here are some key plans:
BTC pin evaluation level: Potential support levels are at 60500 and 57200, and the possible upper pressure level is 66800.
SOL pin evaluation level: Potential support levels are at 126.5 and 109.5, and the possible upper pressure level is 154.6.
These price points can serve as a reference to help you better develop your trading strategy during market volatility.

8 iron laws of cryptocurrency trading are summarized:
Don't rush to get on board: Hearing that others have made money may make you excited, but don't rush to join. Before investing money, first understand some basic knowledge and figure out what cryptocurrency trading is.
Be careful to chase ups and downs: Don't blindly follow the trend. You may hear that others have made a profit by buying coins, but when you follow up, the opportunity may have passed. Instead of chasing ups, it is better to wait patiently for the right opportunity.
Don't bet all your money on one target: Don't put all your eggs in one basket. Diversify your investments and buy different currencies to reduce risks.
Have a bottom line: Set your own loss tolerance, and don't invest all your money for a gamble. Set a stop loss point, and when the loss reaches a certain level, stop the loss in time to protect the principal.
Learn more, be less blind: Learn more about the knowledge of the currency circle, such as the basic situation of the target, and listen to the opinions of experts. Don't be swayed by rumors and wind.
Don't be greedy: When you see that you have made money, don't think about continuing to increase your stake. Take out part of the profit in time to avoid losing everything due to greed.
Don’t be swayed by emotions: The market is very volatile, don’t be led by emotions. Don’t follow the trend just because others are in a hurry to sell, and don’t chase the rise just because everyone is buying.
Time is your friend: Don’t rush for success. Remember, cryptocurrency trading is not a shortcut to getting rich overnight. Patience is the key, take your time, and take steady steps.

April 29: Review of the altcoin market

SAGA: Continue to hold. Although this is a new coin with large fluctuations, it has fallen sharply recently. It is recommended to cover positions to lower the average cost. CKB: Continue to hold. SLN: Continue to hold. BSV: Continue to hold.
The altcoin sector has slightly pulled back in sync with the mainstream cryptocurrencies, but it is expected that the altcoin sector will be fully launched next month.
In addition, RGB++ has enabled free casting. The recent market conditions are sluggish, the GAS fee on the Bitcoin chain has returned to normal levels, and OTTER has slightly increased. RGB++ is a new protocol that has a positive impact on the construction of the Bitcoin ecosystem, so it is worth continuing to pay attention to. As the market calms down, you can consider buying OTTER and CAT++ at a low level, which may have good upside potential in the future.
As the European Cup approaches, the fan coin series is also worth paying attention to. Especially PORTO, LAZIO, and SANTOS. These tokens may receive more attention during the European Cup, so you can consider intervening in moderation.

BTC has been sideways for two days over the weekend, with prices fluctuating around $63,000. The 4-hour candlestick chart shows three sell signals, which indicates that Bitcoin may drop to $61,400 today to test the bottom area.

ETH has a top pattern on the 4-hour chart, and it is likely to pull back to around $3,220 today to test the support situation.

In terms of altcoins, yesterday's rebound performed well, mainly concentrated in the currencies in the Ethereum staking sector, such as ETHFI and SSV. As mentioned yesterday, this year's main force is hyping up Ethereum-related currencies, with a similar approach to Bitcoin's ETF narrative. This means that currencies related to the Ethereum ecosystem may be affected by the trend of ETH. Therefore, these altcoins may follow ETH's pullback today. We can use 334+ first and second type buy and sell points to place orders to seize opportunities.

There are three points of view on the market:

Currently, altcoins are basically at the bottom. Investors with positions should get on board as soon as possible, and don't wait for the rise to regret. Just like last September, many people missed the opportunity. The possible retracements in the afternoon and evening are good times to buy. Now is the early stage of the bull market, don't be discouraged, there is still a year of time and opportunity for you to achieve wealth and financial freedom.

Next Monday, Hong Kong's Bitcoin spot ETF will open for trading. Many big whales are withdrawing funds from Bitcoin and turning to Ethereum. It is expected that the ETF will pass, which will drive ETH to reverse sharply. I have opened a 2x long-term long position in Ethereum and plan to hold it for a long time.

At present, the exchange rate of Ethereum is rising, indicating that the season of altcoins is coming in the future. The ETH ecosystem will be fully launched, L2's OP (Optimism) is very strong, and the leaders of the pledge sector, Ethfi and SSV, are also worthy of special attention.

The market rebounded during the weekend when the market was closed, usually because the main force was creating volatility. This rapid pull-up is often difficult to sustain. Frankly speaking, almost no one dared to buy the bottom yesterday. The Bitcoin market showed a bearish trend on the 3-day, 5-day and weekly levels. The real test will be in May, especially the market shock that may be caused by the Federal Reserve meeting on May 1. Ethereum is slightly stronger than Bitcoin, with the 3-day line continuously gapping up. The current biggest pressure is in the 3396-3430 area (at the 0.618 Fibonacci retracement level).

BTC:
Bitcoin continues to move sideways, which is in line with the market characteristics of the weekend. The 4-hour MACD shows a divergence, but it is not expected to fluctuate too much, so continue to wait and see.

ETH:
Ethereum broke through in the early morning, which was the expected result yesterday. Recently, bulls have tried to break through $3,300 three times in a row, and it is expected that it may continue to break through $3,500 in the near future.

Altcoin:
Recently, Ethereum has strengthened due to ETF speculation. It is expected that the script may be similar to last year, but the difference is that the rise of Ethereum will drive the linkage of the entire altcoin market. It is also in line with expectations that this year is the year of altcoins. Therefore, don't sell the altcoin chips you hold easily. In the near future, altcoins may rise as Ethereum pulls up. The two leading sectors like WLD and ORDI have completed the construction of double bottoms and are expected to rebound in the near future.

SOL strategy update:
If you trade according to the trend, you have entered the market at 142/136, and now the average price is around 139, and you have started to make a profit. Due to the recent weak on-chain data, it is recommended to partially stop profit near 145/149 to maintain flexibility and wait for a pullback before buying again.

Currently, on-chain data shows that SOL lacks explosive power, and analysis shows that there are no obvious highlights as growth points for on-chain projects. Therefore, if you have already held a position at 142, you don’t have to buy again. After partially stopping profit, you can choose to re-position at 136/130/124.

BTC market continues to fluctuate and has entered a downturn as a whole, while ETH shows a downward trend at the daily level, and the market as a whole is in a state of depression. Especially the current altcoin market, which is fluctuating, lacks obvious leading coins and hot spots.

The most eye-catching thing at present may be the upcoming European Cup. As the leader of this sector, CHZ has attracted much attention. We ambushed at a low price last year, and then doubled out. This time the ambush price is around US$0.11-0.12. This position is suitable for early layout and waiting for subsequent market conditions. Personally, I think CHZ may have more than doubled in three months, but whether it can be held depends on their respective investment strategies. For other fan coins, you can pay attention to Binance's three musketeers, but it is not recommended as the main recommendation, just pay attention.

In addition, LTC and XRP, two old-fashioned currencies, are worth noting. These two old-fashioned currencies have not risen or fallen much recently, and the market has been in a staged sideways state. But from my point of view, these two currencies are worth ambushing and waiting for the future outbreak stage.

The public chain FTM recommended the range of 0.5-0.6 USD in the early stage, which can be considered as a key intervention. This coin has great potential in the future, and now is the right time to intervene. In the long run, this coin may have a big market during the bull market. In the short term, the target can be set near the previous high of 1.2 USD, and it is possible to double the increase.

For BNB, when the price is above 600 USD, we can choose to withdraw the principal and keep the rest for new projects. Don't be too greedy.

Since its birth in March last year, Inscription has experienced many near-death dilemmas, but its vitality has always been tenacious. ORDI, SATS, RATS and others have led the Inscription sector to overcome all difficulties and successfully break the circle.

However, the current market turmoil, the sharp drop in altcoins, the internal division of the community, the pressure brought by L2 staking, the coveted runes, and the emerging FUD (fear, uncertainty, doubt) voices have made many people shaken inscription.

The success of BRC20 Inscription comes from the community and also succeeds in the community. The power of retail investors against institutions is also the gene for Inscription to rise again. No successful project is achieved overnight, such as BTC, ETH, BNB, DOGE, SHIB, which one has not experienced the test of life and death before finally ushering in an explosion?

The same is true for Inscription. Its rise comes from fairness and achievement in consensus. In the end, whether retail investors or institutions, whether in the East or the West, everyone will eventually realize the value of fairness. As long as the communities of Inscription continue to exist, they cannot relax. Your voice determines the value of the Inscription you hold.

$SATS $ORDI $MMWA $ARFU

April 27: Review of the altcoin market
SAGA can continue to be held (new coins fluctuate greatly). It has fallen sharply recently, so it is suitable to buy in moderation to reduce the average cost.
CKB can continue to be held.
SLN can continue to be held.
BSV can also continue to be held.
As Bitcoin pulls back synchronously, altcoins also fall. If investors who have not opened a position, they can consider opening a position when Bitcoin pulls back to $62,000.
RGB++ has started free casting. The market has been sluggish recently. Yesterday, the GAS fee on the Bitcoin chain returned to normal levels, and OTTER rose slightly. RGB++ is a new protocol that is very worthy of attention and has a positive effect on the construction of the Bitcoin ecosystem. You can continue to pay attention to this sector and consider buying OTTER and CAT++ after the market cools down. These currencies may have good growth potential in the future.
As the European Cup approaches, the fan coin series is also worth paying attention to, among which PORTO, LAZIO, and SANTOS are the focus of attention, and can be followed up as appropriate according to market trends.

Bitcoin is down, altcoins are broadly lower, and the market appears to be undergoing a major correction. Is this a crisis or an opportunity? Let’s take a look.
From a technical point of view, this correction does not seem to be a short-term violent fluctuation, but a real adjustment in the market. For ordinary investors, they need to be cautious when buying bottoms and avoid investing large amounts of money at one time. Instead, they should gradually build positions to reduce risks.
Currently, the market's short-term support levels are at 620 and 60, while short-term resistance levels are at 650, 640 and 679. In terms of altcoins, currencies such as sol, pepe, bome and doge have experienced significant declines.
However, we must also realize that the market is always changing and opportunities and risks coexist. In a bull market, staying sound is key and making sure your investments are safe in order to remain stable amid market fluctuations.
Bitcoin has corrected, altcoins have generally fallen, and market adjustments are normal phenomena. Investors need to stay calm, be cautious about bargain hunting, and invest steadily. When opportunities arise, be brave enough to seize them and follow the market rhythm.