April is a critical month for the following reasons: 1. There has been no net inflow into Bitcoin ETF recently, and the purchasing power from Europe and the United States has slowed down. Japan's departure from the zero interest rate policy is also negative from a financial perspective. BTC is currently consolidating near the previous bull market high, seeking new upside support. 2. Activities such as the Hong Kong web3 carnival and the Binance Dubai meetup will bring the popularity of the Asia-Pacific region back to its peak. 3. Bitcoin halving and expectations of U.S. interest rate cuts are gradually coming true, and the two biggest narratives of this bull market have reopened. Overall, we are still optimistic that BTC will resume its offensive in early April and challenge the 75,000 or even 80,000 mark. BNB is expected to also release some good news before and after the Dubai meeting.
After BTC broke the high point, it started to fall again. This is normal. In bull markets, it is necessary to constantly shake positions to continue the upward trend. The last major adjustment was mainly due to Grayscale's selling. From the data, this time it is mainly due to miners' selling and early speculation profit-taking, which turned to short selling with the help of key points. From a short-term perspective, this high altitude is reasonable, but it does not affect the mid- to long-term trend. There is a high probability that BTC will adjust for a period of time and continue to rise to 100,000. After all, in terms of time period and capital inflow, it is only the beginning of the mid-term bull market $BTC #内容挖矿
Although Stark’s airdrop plan is not particularly satisfactory, the intensity is still acceptable. Combined with the airdrop of arb op in the same period last year, the launch of stark is still a very meaningful benefit for the market where btc and eth are each pulling waves. I hope that the following btc layer2 eth layer2 can also come up with a series of hot spots to support this year’s market from a fundamental perspective. After all, after the ETF is opened, there is no theoretical upper limit for market funds. #strk #内容挖矿 $BTC
Recently, BTC has reached 50,000, which is still very strong, sweeping away the malaise caused by the sharp correction from 49,000 in January. Overall, it is still the early stage of the bull market, which is characterized by a platform-like rise. Basically, the rhythm is to break through an integer point every month, and then consolidate around it to gain support. If we are more optimistic, it should reach more than 60,000 during the halving period in April, basically reaching the previous high. After that, it should be entering the middle of the bull market, and both the financial and technical aspects need some new bright spots to drive it. #内容挖矿 $BTC
Erc404 is really popular. Although the technology is not very good, it has greatly enhanced the liquidity of nft. It does have great potential. The breakthrough of BTC in the past two days has been very strong, which should be related to the following reasons: 1. The continued net inflow of ETFs enhances institutions’ confidence in the market outlook. After all, the scale of capital inflow is the foundation of the entire market. 2. Chinese traders and order operators like to short-sell. They have been celebrating the Spring Festival recently, and the Air Force has lost its backbone. 3. Historically, the market has been good during the Spring Festival. Next, there will be upgrades in Cancun, halving, and a series of positive events in the Hong Kong Convention, which is expected to form a continuous upward trend. At present, looking at the first quarter, after the sharp fluctuations in January, the following market conditions are still very good. #内容挖矿 #ERC404 $BTC
Today, under the leadership of eth, BTC has also begun to break through. The Cancun upgrade test is basically completed. The mainnet is about to be launched. Bitcoin ETFs are steadily inflowing. The halving is imminent and the supply is reduced by half every day. It is difficult not to increase during the Spring Festival. In addition, I don’t know why there are so many air forces doing contracts. If you go short too frequently in the early stages of the bull market, you will be trapped. #内容挖矿 $BTC
The halving is coming very soon. Recently, Bitcoin has been trading sideways as long as it goes vertically. With the inflow of Wall Street funds and the reduction in mining supply, it should be very stable to break a new high before the end of the year. If the consensus is expected to be good, at least before May. There is also a strong upward trend that may be similar to last year. #内容挖矿 #BTC $BTC
BlackRock's BTC etf has grown by US$3 billion in one month. The entire ETF market is estimated to have an inflow of US$30-50 billion over the course of a year. Plus the inflow from other channels, BTC will steadily break the previous high before the end of the year. The market outlook can be expected to be #BTC $