In the blockchain industry, the unrealized profit and loss ratio resistance level was reached in the latter half of March. Currently, it is maintaining a position above the 0.50 support zone, with the US inflation data set to be released in May. The key question is whether the 0.50 support zone will hold firm or break down following the release of the US inflation data.

This could potentially lead to a decrease in price. However, it could also be seen as a buying opportunity by investors, particularly those who are optimistic about the ongoing bull cycle. This situation calls for a thorough analysis of crypto projects, on-chain data, and market trends.

Written by tugbachain, this piece underscores the importance of staying informed and making strategic decisions based on comprehensive market analysis.