May 7, 2024

BTC Analysis:

I. Technical Analysis:

Yesterday 18:00$BTC fell below the 30-day lifeline, and the one-day pull-up was back to the original shape in one hour. Obviously, it is a high-level shipment, so it is still cautious to operate, and it is not the day to hold it easily!

It is still in a down-flag trend, and the short-term downward trend has not changed. It is expected that today's market will still be in a consolidation of 63500-62000. Pay attention to whether it can stand at 63500 in 1 hour and change the downward trend. Otherwise, still wait!

II. AI news analysis:

1. MicroStrategy has become the world's largest Bitcoin holder, even surpassing some countries, showing a large investment in cryptocurrencies.

2. Bitcoin wallet maker Exodus is working hard to be listed on the New York Stock Exchange, which shows that the traditional financial market's interest in and acceptance of Bitcoin is increasing.

3. As Bitcoin has attracted much attention, Memecoins are experiencing a sell-off, which has raised questions about the future of Meme-based cryptocurrencies.

4. Grayscale's Bitcoin ETF GBTC saw an inflow of $3.9 million for the second consecutive day, indicating that investors' interest in Bitcoin remains unabated.

Overall, these events are positive for Bitcoin. Increased investments by MicroStrategy and Grayscale, as well as Exodus's possible listing on the New York Stock Exchange, indicate that mainstream society's acceptance and adoption of Bitcoin is increasing. While the sell-off of Memecoins may indicate some volatility in the market, the overall trend seems to be positive for the value and legitimacy of Bitcoin.

3. Altcoin Dynamics: Positive Aspects: $NEAR , $ENA , $DAO

Please note that the above analysis is for reference only and is not intended as a trading decision. Welcome to leave a message in the comment area for discussion #点滴财经 #美联储何时降息？ #AI板块强势进击