Bitcoin is now back to the range of 59k-73

Yesterday's non-farm data was dovish, interest rate cuts are expected to be strengthened, and the short-term plunge has been lifted

Bitcoin is currently focusing on the 59k position below.

As long as the price remains above 59k, I think this is the bottom.

Bao's speech! Positive news. Looking at the current overall environment, it is not certain that interest rates will be raised.

From the data, it is expected that the Fed will maintain its current stance until September and cut interest rates in November.

Bitcoin spent 2 months in this range around the approval and launch of the ETF.
The price has now broken out of this range and is expected to consolidate for a few days before returning to this range.
Let's wait and see.
#5月市场关键事件 #香港加密货币ETF

Brothers, from the current situation

It is unlikely that there will be a competitive season in May, and it may continue to June.

Why do I say this?

When 75% of the top 50 tokens outperform Bitcoin in the past 90 days, there will usually be a competitive season. The current figure is 35%, which is far below the threshold of the competitive season.

Uncomfortable, disappointed, bear with it#香港加密货币ETF #ETH

It's numb, brothers. Such a cruel pie, such a cruel ether, such a cruel dog village

The last day of April, the market has not changed much, let's look at May. Brothers, do you think May will rise or fall, or will the market continue to remain unchanged this month?

This is a rubbish market. There is really no way to do it. This is it for this month.

Ethereum current position does not recommend opening a position Waiting position Short-term support 3150 If it reaches around 3150, you can open a long position Above see 3300#ETH #美联储 #

Today's market analysis
#美联储 #大盘走势 #BTC
The bulls are still strong. Yesterday, the support level was 62500. After going long, it stretched 2000 points and rushed directly to 64500. The bulls are still fierce. And the pull-up just now showed signs of large volume. The latest market pressure is around 65000. If the volume continues to increase, it is likely to hit this position.

BTC starts a new uptrend immediately after halving, you may need to look at history
It took about 5 weeks for the first halving for the price to start a new uptrend
But after the halving in the past few years, Bitcoin fluctuated and went sideways for 2 to 3 months
Personally, I won’t get too excited for the time being, and expect more shocks and fluctuations in the next few months, especially in May

"China Asset Management, one of the issuers of Hong Kong BTC spot ETF, said that the first issuance scale of the three Hong Kong Bitcoin spot ETF issuers will exceed US$125 million (this is the first-day issuance scale of US Bitcoin spot ETFs other than $GBTC)"

The range of ETH in the afternoon analysis is 3180-3120 short-term support. It is currently down and broke through 3180. Now it depends on whether it can break below 3100 and stabilize. If it breaks below and stabilizes, Ethereum will go below 3000.

Bitcoin is currently trapped in a range and more downside is expected

FOMCC on Wednesday may cause the market to pull back first, and then

Second Cake

It reached above 3360 yesterday and fell back to the bottom this morning

Currently focus on

3180-3130 short-term support

3214-3250 short-term pressure

It is not recommended to operate at the current position. The direction has not yet been determined. If the K-line breaks through and stabilizes above 3214, you can open a long position

Cryptocurrency Circle April 28-29 Important Information

1. Bloomberg: Australia is expected to approve Bitcoin spot ETF this year

2. io.net released a post-analysis of the security incident, and the IO token launch plan was not affected

3. ConsnSys proposed four reasons why Ethereum should not be considered a security

4. Hong Kong virtual asset spot ETF was listed on the first day of its issuance today, and Harvest Huaxia’s issue price was $1

5. Renzo plans to launch an upgrade to support ezETH withdrawals in May 2024

6. Tokens worth about $400 million will be unlocked next week, including $150 million of meme

BTC

Daily and weekly data is not good

But this is pure mean reversion We are experiencing a healthy correction In order to continue to set new highs later this year, a few weeks of price action must be sacrificed Watch and calm down until the direction of things is clearer Be patient brothers, now is the short-term time

Spot

WAN is currently priced at 0.2630. Enter the market

The current point is a good entry point

Currency introduction
Wanchain focuses on the research and development of cross-chain mechanisms, and realizes the grand goal of connecting all chains by building a distributed financial infrastructure with cross-chain capabilities. So far, Wanchain has successfully integrated Bitcoin, Ethereum, EOS, and ecological tokens on Ethereum and EOS across chains, and designed and proposed a universal cross-chain framework T-Bridge, which aims to achieve the free flow of assets and data between different public chains and alliance chains. In terms of consensus mechanism, Wanchain has designed and launched a practical PoS consensus protocol with a complete delegation mechanism, namely Galaxy Consensus.

Good morning, brothers
Get up, punch in, and masturbate
Today's main task: continue to work in the dog village
Please greet the future with a non-stop attitude, and move forward with distant expectations, regardless of the scorching sun, and the crazy wind and rain. Maybe you missed today's sunset, but you can get up early to chase the next dawn. [bow]#ETH #BTC

The ETH/BTC chart indicates potential strong momentum ahead, with a full-blown altcoin season potentially on the way.

ETH lags behind BTC as it has yet to reach all-time highs

On-chain activity dropped significantly...5-10 gwei

Since October, altcoins have gradually picked up momentum along with the overall market, but have yet to fully demonstrate their strength.
Altseason typically begins when capital moves from BTC to ETH and high-cap alts.

in this case:
- Current holders will rotate their BTC into altcoins
- Tokens traded on CEX paired with BTC may be the first to show strength
- On the ETH/BTC chart, keep an eye on the 0.06 level
This will be a big signal. Once that hurdle is cleared, prepare for a massive surge.
Moreover, 2017 has a similar structure, which often leads to strong impulses. #BTC #ETH

Important events this week (Happy Fed Week!):
1. Central Bank Consumer Confidence Data - Tuesday
2. JOLTs Employment Data - Wednesday
3. Fed Rate Decision - Wednesday
4. ISM Non-Manufacturing PMI Data - Friday
5. April Employment Report Data - Friday
6. About 20% of S&P 500 Companies Report Earnings
We are heading into a big week.