Points to watch out for in April:
1. There is no spot for 70,000 yuan. The main force needs to lower the price to force retail investors to get off the train, and at the same time, leverage to buy spot.
2. After the halving, the mining income will be halved. To ensure the original income, you have to upgrade the mining machine or have a coin price that is twice as high. The S21Pro mining machine is sold out, and small miners cannot reduce the mining cost after the halving. Big miners will take the opportunity to lower the coin price to force small miners to shut down and compete for computing power, so that big miners can have the original income.
3. April is the tax month in the United States. People may sell some assets to pay taxes, causing selling pressure. Click the main leaf to follow the official account: Bifangshe, free skirt ban
4. The price has reached the previous historical high. The consensus of the whole network is that the bull market is coming and it will definitely rise a lot. This is fine, but it also means that those who want to buy have already bought, and retail investors have fully boarded. It also means that those who want to sell have already sold, and there is no spot liquidity. It is very important to smash the market at this time to shake the emotions of retail investors.
5. CZ went to court in April, which attracted a lot of attention and was also a fud point.
6. USDC withdrew from the TRON chain, and Circle reported USDT behind the scenes, which may have fud related to stablecoins.
7. ETH ETF is likely to not pass for a while