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Tonight, the United States will release GDP and PCE data, two major indicators that attract significant attention. PCE, as the core measure of inflation observed by the Federal Reserve, is widely expected not to trigger severe fluctuations, as the market has fully digested its trends.

In contrast, the GDP data carries more weight. As a lagging indicator, GDP's influence is limited. Even if the data falls short of expectations, the market may have already braced for it, making it hard to stir waves.

Conversely, weak GDP may suggest an economic slowdown, which could prompt the Federal Reserve to accelerate interest rate cuts. This logic is similar to when the unemployment rate rises in 2024, as the market anticipates a higher unemployment rate in exchange for a more accommodative monetary policy, thus benefiting risk assets.
#美股财报周来袭

Intraday Market Analysis

BTC 1-hour and 4-hour levels have returned to healthy levels, daily levels have returned to healthy levels, intraday expectations remain in consolidation, with intraday support at 93000-93500 and resistance at 95000-95500.

ETH 1-hour and 4-hour levels have returned to healthy levels, daily levels have returned to healthy levels, intraday expectations remain in consolidation, with intraday support at 1730-1780 and resistance at 1830-1880.
#美股财报周来袭

From the daily chart perspective, Ethereum has been oscillating back and forth between 1700 and 1900 recently, narrowing its range for a week. The candlestick patterns are repeatedly testing the MA60. Currently, the MACD shows a trend of starting to move above the zero axis. Once it returns above zero, the trend will gradually strengthen, and it will aim to challenge the 2000 resistance level. In the short term, if Ethereum can pull back to around 1700, it would be a good opportunity to buy spot. Cherish the opportunity to get in #阿布扎比稳定币

In terms of the overall structure of Bitcoin, this pullback is a concentrated release of bearish momentum after being blocked by high resistance above for a long time. Combined with the U.S. stock market closing, the magnitude of the pullback is larger compared to previous fluctuations.

On the hourly chart, the accelerated volume of short positions in a short time helps the price break the lower boundary, expanding the opening of the bag. The lower boundary and technical indicators are all pointing downwards, but with the reduction in the volume of the short positions, the space will not be too large. The focus remains on whether the strong support level of 93500 can hold.

Let me summarize some methods for washing the market. Generally speaking, the purpose of washing the market is to flush out indecisive retail investors in preparation for a subsequent rise. The methods of washing the market can be divided into:

1. Crash washing: Suddenly placing a huge amount of sell orders on the order book or directly crashing the market with large orders, driving the price down. A significant drop in a short time creates panic, and the trading volume suddenly increases. The goal is to force panic sellers and stop-loss orders to relinquish their holdings, filtering out holders.

Operational details:
Quickly breaking key support levels, such as moving averages or previous lows, to create panic. During the crash, some positions are bought back at a lower level. Often accompanied by false news and FUD (fear, uncertainty, and doubt) being released simultaneously.

2. Sideways fluctuation washing: Repeatedly fluctuating within a range, harvesting short-term traders back and forth. Prices fluctuate slightly up and down, trading volume gradually decreases, and the time is extended. This wears out short-term funds and causes impatient individuals to sell on their own.

Operational details:
Often quickly pushing back after a local rise, creating a 'false breakout' to deceive both bulls and bears. Holding investors feel 'hopeless' for a long time, leading them to automatically relinquish their holdings.

3. Spike washing: Suddenly experiencing a sharp drop with a long lower shadow in a very short time, then quickly pulling back. The candlestick pattern shows a 'spike' (long lower shadow), and the price returns to or near the original position. This quickly shakes off stop-loss orders, creating a moment of panic.

Operational details:
Typically, spikes are accompanied by on-chain order cancellations and liquidity harassment. The market maker supports at a lower level, and after washing the holdings, continues the original trend.

4. News-based washing: Using negative news and panic public opinion to create psychological impact. Retail investors feel panic and actively sell. This accelerates the washing out of holders, reducing selling pressure during the subsequent rise.

Operational details:
Commonly occurs just before a rise when negative news suddenly breaks out, such as controversies involving the project party or abnormal on-chain data. In reality, these negative factors have little impact; they are mainly used to wash out investors.
#美股财报周来袭

Why do we say that Bitcoin needs to break through the $100,000 mark again to see a significant surge in altcoins?

The $100,000 threshold for Bitcoin has become an important psychological anchor point in the crypto market, as evidenced by the behavior logic of institutional investors—research reports from several venture capital firms indicate that when BTC breaks through this threshold, its asset properties will accelerate the evolution towards the "digital gold" value storage paradigm. The structure of market liquidity may therefore experience significant differentiation: mainstream tokens will exhibit a stronger liquidity siphoning effect, while the explosive cycle of altcoins may only truly arrive after BTC completes this critical breakthrough.

From the perspective of market evolution logic, the occurrence of two altcoin seasons in March and November 2024 essentially represents paradigm shift windows formed by Bitcoin breaking through historical highs. When BTC surpasses previous highs, it not only breaks a two-year market psychological shackles but also triggers professional institutions, including quantitative funds and market makers, to adjust their asset allocation strategies. These market participants with strong pricing power often prioritize choosing assets with sufficient liquidity depth, fundamentally reshaping the value of the altcoin market.

The current trend of liquidity contraction in the market is worthy of caution, as on-chain data shows that the total market capitalization of stablecoins continues to flow out, and CEX spot trading volume has shrunk to bear market levels. This pressure on the capital side forms a negative cycle with market confidence—institutional investors, lacking clear price coordinates, are more inclined to maintain low-risk exposure.

Therefore, Bitcoin breaking through this integer threshold not only has technical significance but, more importantly, builds a new market consensus. This confidence premium can often leverage funds that are 5-10 times the actual liquidity effect. From the perspective of behavioral finance, when FOMO sentiment resonates with market makers' liquidity supply, the market will enter a true phase of value reassessment.
#加密市场反弹

Yesterday, BTC remained in consolidation, maintaining a healthy trend. It reached the resistance zone above, and a short-term breakout is not easy; adjustments are still needed. Recently, we will focus on the fundamental situation and the Federal Reserve's interest rate cut process. The expectation for the day is to continue consolidating, and the long-term market is recovering.

ETH followed BTC in simultaneous consolidation, maintaining a healthy trend. The expectation for the day is to continue consolidating, with a strong patience to wait for stabilization.

The altcoin sector followed the mainstream in simultaneous consolidation, with most cryptocurrencies not showing significant movements. After the mainstream stabilizes, we can consider starting to follow. BSC has launched the latest activities, and the MEME market is worth paying close attention to.

Intraday market analysis

BTC's 1-hour and 4-hour levels have returned to healthy levels, and the daily level has returned to a healthy level. The expectation for the day remains consolidation, with support at 93,000-93,500 and resistance at 95,000-95,500.

ETH's 1-hour and 4-hour levels have returned to healthy levels, and the daily level has returned to a healthy level. The expectation for the day remains consolidation, with support at 1,700-1,750 and resistance at 1,830-1,880.
#加密市场反弹

The Prague upgrade is about to arrive, and everyone has been looking forward to it. Here’s a summary of why some major institutions are paying attention to the Prague upgrade:

1. One of the most important aspects of the Prague upgrade is the optimization of the staking mechanism. The maximum staking limit for a single validator has been increased from 32 ETH to 2048 ETH, a remarkable increase of 64 times. This upgrade significantly reduces operational costs for institutions, which can attract more participation and greatly enhance staking security.

2. The reason why the SEC has not yet approved Ethereum ETFs for staking is also due to this. Currently, the number of institutional ETFs that need to be staked takes about a month to complete the staking process, and extracting them takes about half a month. For institutions, this poses a risk as it cannot be done flexibly. However, after the Prague upgrade, millions of Ethereum can be fully staked in just one day, and all can be extracted in half a day.

3. After the Prague upgrade, it also provided the SEC with a reason to approve Ethereum ETFs for staking and sparked interest among other institutions to purchase Ethereum ETFs. Institutions deal with large amounts of capital; as more institutions participate, purchase more, and stake more, the circulation decreases, which, when it comes to token prices, speaks for itself.
#加密市场反弹

Why are these Bitcoin ETF inflows so important for the crypto market?

1. Institutional Recognition: The significant inflows from large asset management firms like BlackRock and ARK Invest highlight the increasing acceptance and adoption of Bitcoin as an asset class by institutional investors. This will further drive Bitcoin's integration into the mainstream financial system.

2. Supply Dynamics: When ETFs purchase Bitcoin to back new shares, they are effectively pulling supply directly from the market. Sustained large inflows can create significant buying pressure and may have a positive impact on Bitcoin's price over time.

3. Convenience: Spot Bitcoin ETFs provide a familiar and regulated investment tool for individuals and institutions that are hesitant or unable to hold cryptocurrencies directly. This greatly expands the potential investor base.

4. Market Sentiment: Strong inflows enhance confidence across the entire crypto market, indicating healthy demand and potentially attracting further investment in Bitcoin and other digital assets.

Comparing this week's performance to historical data confirms its significance. The inflow of $3.06 billion is a strong rebound from previous weeks where inflows were low or even negative, especially following the initial listing excitement and subsequent market volatility.

The key signal in the altcoin market is the change in Bitcoin's market cap share: when this indicator retreats from a high level (currently 64%, close to the previous peak of 71%), it means that funds are flowing from Bitcoin to other cryptocurrencies.

An important observation index is whether the five major mainstream currencies (especially Ethereum) can collectively break through the 20-day moving average against Bitcoin — currently, three have broken through; if the remaining two (ETH/XRP) successfully stabilize, it will confirm the shift of funds towards mainstream coins, at which point altcoins will at least experience a phase of rebound.

It should be noted that the ETH/BTC exchange rate has not recovered since losing the moving average on January 8, and the current market is still waiting for clearer signals of fund rotation.

#美股财报周来袭

XRP has already started to gain momentum. The position around 2.16 is still quite cost-effective, currently there is about a 7-point space for entry, continue to hold and wait for a significant increase

#币安Alpha上新

From on-chain data, the Bitcoin market performed calmly over the weekend, with low liquidity and trading volume at low levels, reflecting limited trading willingness among real players. Currently, the range of $92,000 to $97,000 remains a key chip area, where a large number of chips are concentrated. Short-term players and passive holders are competing here. This range serves as both an on-chain support level and, due to heavy selling pressure, has become a resistance level.

#币安Alpha上新

Intraday Market Analysis

BTC 1-hour and 4-hour levels return to a healthy level, daily level returns to a healthy level, the expectation for the day remains in consolidation, with intraday support at 92500-93000 and resistance at 94500-95000.

ETH 1-hour and 4-hour levels return to a healthy level, daily level returns to a healthy level, the expectation for the day remains in consolidation, with intraday support at 1700-1750 and resistance at 1830-1880.
#币安Alpha上新

Yesterday, BTC continued to consolidate, maintaining a healthy trend. Pay attention to fundamental information recently, the Federal Reserve's interest rate cut process, and there is significant resistance above. The expectation for the day is continued consolidation, with the long-term market recovering; patience is required.

The second coin is consolidating in sync with BTC. Those who entered earlier may consider reducing holdings, while large holders should wait patiently for stabilization. The expectation for the day remains consolidation, with a corrective market. Altcoins are following mainstream trends with little fluctuation; if the mainstream stabilizes, light participation can be considered. Recently, Binance has been active frequently, and the BSC ecosystem is expected to recover. The activity on the SOL chain is continuously increasing, and more attention can be paid to MEME coins.
#币安Alpha上新

The PCE inflation data to be released next Wednesday is extremely critical. The market generally expects the PCE year-on-year rate to plummet from the previous value of 0.3% to 2.2%, and the core PCE is also expected to drop by 0.2% to 2.6%.

If the data meets expectations, it would signify a phase victory in the U.S. inflation issue, greatly increasing the probability of the Federal Reserve lowering interest rates. It is particularly noteworthy that the Federal Reserve's first interest rate cut is usually an important signal for the full onset of a bull market.

Although part of the reason behind this round of declining inflation is due to the recession caused by tariffs, the result is beneficial for the market, which can be seen as a blessing in disguise.
#特朗普暂停新关税

E-Guardian never gives up! The recent strong movement is due to ETF purchases, which led to retail investors following suit, causing a strong rise in coin prices. Previously, it had been heavily impacted, hurting E-Guardian's heart, but things are different now. The ETF purchases have made prices exceptionally resilient.

This morning, ETH directly broke through the price of 1850, consuming all the large sell orders above, touching the upper part of the 4-hour channel before starting to pull back. Ethereum is showing signs of exhaustion on the 4-hour chart; the pullback depth can be seen around 1730. For swing traders, this is a good place to pick up a bit of spot.
#以太坊的未来

Intraday Market Analysis

BTC 1-hour and 4-hour levels return to healthy levels, daily level returns to healthy levels, intraday expectation remains in consolidation, intraday support at 93000-93500, resistance at 95000-96000

ETH 1-hour and 4-hour levels return to healthy levels, daily level returns to healthy levels, intraday expectation remains in consolidation, intraday support at 1700-1750, resistance at 1830-1880
#币安Alpha上新

Yesterday, BTC maintained consolidation, and the trend remains healthy. It touched the resistance zone above, and a short-term breakthrough is not easy; adjustments are needed. Recently, pay attention to the fundamentals. If there are favorable conditions, there will be upward momentum. Focus on the Federal Reserve's interest rate cut process, and expect continued consolidation during the day. Appropriately reduce holdings for those who built positions in the past few days to avoid pullback risks. The long-term market is recovering, so be patient and wait.

ETH is consolidating in sync with BTC, and the trend remains healthy. Expect continued consolidation during the day; those entering the market can appropriately reduce holdings. Large holdings should wait patiently for stabilization.

The altcoin sector is consolidating in sync with the mainstream, with most cryptocurrencies showing little movement. After the mainstream stabilizes, consider starting to follow up. BSC has launched the latest activities; pay more attention to the MEME market and wait for the subsequent BSC ecosystem to become active. The ecological heat on the SOL chain is recovering, so also pay more attention.

CME Group announced that it will launch XRP futures trading on May 19, which means that Wall Street can legally enter the XRP market. More importantly, the launch of futures trading is actually preparing for the upcoming futures and spot ETFs, so after XRP launches futures in May, it is very likely to formally apply for an ETF in the second half of the year, and the prospects are still good.

Therefore, one can ambush around 2.16 and hold until before May 17, there will be a small peak. To be honest, XRP is simply a 'madman' coin; it usually remains quiet, but once it exerts force, it surges dramatically, skyrocketing continuously!
#币安Alpha积分

Ethereum has been struggling lately, unable to break above 1820. If it really drops, ETH might be considered the best short target by many.

However, over the past couple of days, altcoins that can outperform Bitcoin are the real strong performers, with those that rise without falling being considered quality targets. The good news is that Ethereum ETFs have suddenly seen capital inflow, and while it won't change the fundamentals in the short term, it at least proves that large institutions haven't given up on it.

For the cryptocurrency market to enter a bull run, Ethereum must rise; otherwise, everyone will be in trouble.

#加密市场反弹