🔥 Many people only think about the peak price of $69K for $BTC , but did you know:

- BTC has only been priced above $50K for a total of around 140 days in its entire history of 5,520 days (15 years).

- BTC has only been priced above $60K for a total of about 43 days.

- There's no need to wait for BTC to break its previous peak... we are witnessing historic moments.

#Write2Earn #BTC

Today's Fear and Greed Index is 44, the level has changed from neutral to fear

Today's Fear and Greed Index is 44, and the level has changed from neutral to fear.

Note: The panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media heat (15%) + market research (15%) + Bitcoin’s proportion in the entire market (10%) + Google hot word analysis (10%).

$RONIN still outperforms the other platforms in the same sector.

It has been following the general trend quite well, so if you still have #RON staked, you can continue to DCAn when it dips.

=> So $RON is probably the most profitable token in the gaming token lineup right now.

=> If you're asking about the price target for RON, you can consider a short/medium-term price target of at least flipping the current price of $IMX.

#web3gaming #Gaming

$PIXEL

Top 7 Yesterday Events Got Searching most by KOLs - May 6th

1. #Bitcoin  Oscillating, rebounding around 65000

2. #AI suddenly became agitated and funds were diverted, taking away a lot of funds from #Meme; Among them, CEX’s AI increased significantly

3. $TBD - The total value of #ZKsync bridge storage exceeded 3.68 million $ETH

4. $RUNE - Due to the launch of the rare Satoshi #Runes yesterday, Blob floor price exceeded 0.075 BTC, setting a new record high 

5. $NEAR  - TVL in the first quarter reached $335M, a month-on-month increase of 163%; After becoming AI, $NEAR  the resilience of rebound becomes stronger each time

6. $FRIEND - 60,000 independent addresses joined nearly 90,000 clubs within 48 hours;
$FRIEND The price increased from a minimum of 0.7 to 3.2 within 48 hours

7. $SUI  - The number of transactions on the Sui chain exceeded 40M per day

$AI

Recap of #BTC🔥🔥🔥🔥🔥 last week and outlook for this week:

This week, $BTC is expected to provide an opportunity for bearish sentiment to return before continuing its upward trend.

The weekly candlestick formed a nice long wick, and the perspective is that we are still in the phase of January 22nd, with BTC potentially reaching at least $80K.

However, the short-term volume after breaking the trendline is low, making it vulnerable to price manipulation by funds, so it is advisable to backtest for a few days.

Nevertheless, this trend does not support the double bottom pattern seen in many altcoins, so it's better for BTC to continue its upward movement.

The opportunity to buy and hold has occurred a few days ago. If you want to trade, it's better to wait for a backtest before entering the market.

If you're concerned about a significant dip to $52K, it is recommended to stick to your personal plan for a good and safe entry.

This week continues to focus on #AI, and you may also consider looking into SocialFi with the potential leading wave of $FRIEND (already doubled in price, so be cautious or explore other projects).

$TOKEN $TRB $SOL

Approximately 2.52 million tokens were introduced 🤮

This data includes temporary #memecoins and projects that have died out. The current number is also more than 5.7 times higher than the figure of 440,000 that existed at the end of 2021.

The period from January 1st to April 11th of this year witnessed the introduction of 540,000 new tokens, equivalent to an average of 5,300 new tokens being released per day in 2024.

In contrast, 2022 saw the introduction of 720,000 new tokens, and 2023 saw 830,000.

"Since this figure is already more than half of the 830,000 new tokens released last year, 2024 is on track to surpass 2023 in terms of the number of new tokens on the chain."

CoinGecko notes that the return of the memecoin season in late February this year led to a record high of 195,735 new tokens being introduced in March 2024.

$WIF $BOME $DOGE

Daily $BTC Analysis on Apr 15 and HongKong Latest News

#HongKong has approved for #BitcoinETFs! and #EthereumETF --> This should be a bullish on short term and push the the price of Bitcoin to the higher level

If we adjust the cycle, we are currently testing the first resistance: 66600 area, and the upper long-short boundary area: 68500 area.

Both entry methods are shown in the figure below 👇

🔥 The new week is here, with the following financial events:

BITCOIN HALVING - Estimated to occur on Saturday, April 20th.
This week, we have several speeches from Federal Reserve officials (highlighted in red events below).

Of particular note, we have Chairman Powell's speech on Tuesday, as well as the release of the FED's "Beige Book" (economic report) on Wednesday.

Over the past week, there have been three events:
1- Consumer inflation CPI increased again (for the third consecutive month).
2- Wholesale inflation PPI was not as expected.
3- Escalating political tensions in the Middle East over the weekend.

We will see how the Federal Reserve reacts to the inflation situation, the possibility of interest rate cuts, and their views on political instability.

The Bitcoin/Crypto market's reaction yesterday to the news about Iran and Israel was only an initial response. Some may be concerned and speculate about the potential for wider conflict and its impact on the economy. However, the actual market reaction will only be known when the stock market opens tomorrow.

Bitcoin/crypto reacted earlier because it is the only market open during the weekend. However, we are also approaching the Bitcoin Halving, a significant event, and there have been many leveraged positions liquidated by exchanges. Therefore, it cannot be seen as a general market reaction. In general, we will have to wait until tomorrow to see the overall market response.

#BTC WEEKLY CANDLE CLOSED 🧐 Is the Market still #bullish ?

After a tiring week, Bitcoin has shown a new face!
1. Weekly timeframe (W1):
- $BTC pulled back quite strongly.
- The candlestick has a medium-sized body with long shadows.
(Stochastics is still above 80%. Volume has not shown any abnormality.
⏩ The overall structure still supports the bullish wave.

2. Daily timeframe (D1):
- The ABC wave structure is forming clearly!
- With a price range oscillating between $59k and $73k.
- The two Saturday and Sunday candles are forming a bullish reversal pattern, with the mother candle being red and the child candle being green. This pattern often forms a double-bottom formation when combined with a price test in the range of $58k - $62k.
- The golden Stochastic line is trending upwards, but the red Stochastic line is still below it, indicating that the upward momentum is not yet strong.
- Volume has not shown any significant increase, indicating that selling pressure is not too high. This means that large funds and institutions are still holding onto BTC hasn't been any significant selling action. The game continues!

⏩ Conclusion:
#BTC NEEDS 1-2 WEEKS TO CONSOLIDATE AROUND THE $60k - $70k PRICE RANGE TO BUILD PSYCHOLOGICAL SUPPORT BEFORE CONTINUING TO RISE! BTC IS STILL IN A BULLISH WAVE, WITH THE NEXT TARGET BEING $85k - $90k

3. Psychology:
- There is a truth that those who held #Altcoins👀🚀 from the $40k BTC range experienced mild profits when BTC reached $75k, but suffered heavy losses when BTC dropped back to $59k.
- The game for small fish is never easy!

😀There are too many choices among 2.2 million coins.#TOTAL3 is still small and growing slowly. Meanwhile, the number of projects is too large, leading to fragmented capital flows.

Small fish often have short-term thinking:
- They take profits quickly.
- They hold onto losing positions heavily.
- They are prone to panic selling, which often results in unfavorable price movements.
There is a truth that when the game is created by the big players, the price movement becomes more sustainable and stable!

#BitcoinETF💰💰💰 UPDATE - Final: +124M USD
In particular, Grayscale (GBTC) Daily BTC Flows: -17.5M.
Is Barry finally running out?

Hot news in the past 24hrs | What made $BTC fall down

1. #BTC🔥🔥🔥🔥🔥🔥 went down, leading the overall decline. Currently Bitcoin recovered, but the cottage industry generally still lost 10%;

2. The strong ones in the market remain strong, and the weak ones remain weak. Strong coins such as $ENA $PENDLE rebound immediately after falling, while other coins become very weak after falling.

3. $ORDI went online today on Coinbase . Led by the rebound of $btc, $ordi also rebounded well.

4. Recently, the #BRC20 market has begun to recover, not only concepts such as #pups but also concepts related to #Bitcoinnft , such as the hybrid concept of image and currency, have taken off;

5. @Uniswap was targeted by the US #SEC and the price of the currency plummeted;

6. @MYX_Finance The second round of airdrops is launched. What can you do, brothers? Hold #bymx and you have to grind even if you have to. If you don’t gamble, there is no hope of getting your money back. If you gamble, there is still some hope.

7. NEAR plans to hire AI engineers and will release a related announcement NEAR-AI in May;

8. Bitcoin mining difficulty increased by 3.92% to 86.39 T, a record high;

9. The US #cpi data for March exceeded expectations, and all major risk assets fell sharply after the data was released;

It is impossible to raise interest rates, just try to raise them again;

10. #Base Network’s revenue exceeds $20 million in March 2024;

Tugou and degen were of great help;

11. EthSign announced that BeraSign has been launched on Berachain, and BeraSign introduced verifiable social standards;

12. LeverFi releases OmniRelayer and user delegation program for OmniZK protocol;

13. Bitget PoolX is about to launch the mining project DMTR, staking BGB and USDT to participate in mining;

It is said that it is also very cool to hold $BGB and participate in pool recently;

14. Stepn will airdrop $30 million worth of GMT tokens. I don’t know who they will be given to. I’m so envious.

#Memecoins are showing outstanding activity today 😍

Below are the top Assets by combined social and market activity:   

1. Floki $FLOKI
2. Pepe $PEPE
3. Mog Coin $MOG
4. Dogecoin $DOGE
5. Brett $BRETT
6. Toshi $TOSHI
7. Bonk $BONK
8. CatCoin $CAT
9. Shiba Inu $SHIB
10. dogwifhat $WIF

#WIF #SHIB #BullorBear #BONK🔥🔥

Why is the #Bitcoin Rrice Recovering Today?
Let's check this 👇

1. Three days ago, when the Bitcoin price was at $65.5k, there is the possibility that the price correction may be over because huge profits were realized, amounting to $2.7B.

2. On the other hand, the selling pressure weakened because short-term holders have stopped realizing losses on the price correction.

3. New USDT has been minted and as you can see, there is a strong correlation between the market cap of USDT and the price of Bitcoin.

4. Additionally, we can see huge BTC inflows to the accumulation addresses, and their reserves hit an all-time high.

5. There is one more important change in long-term investors' behavior. Distribution is weakening.

All charts used in this analysis you can find in the ‘go to live chart’ section below 👇

#BullorBear #BullorBear #BullorBear #BTCHalvingApril2024

16 Hot news on Apr 4 👇

0. $SAGA will be listed on #BinanceLaunchpool at 0:00 UTC 5th Apr.

1. BitgetWallet released a memecoin, which rushed a hundred times faster; ($MOEW)

2. $ENA Continue to rise, ignoring FDV, it seems that the heat is stable, this time GSR and Wintermute are a bit aggressive;

3. $W - Wormhole is online, and the price is basically the same as the over-the-counter price, which is in line with expectations. @Backpack
The profit of the volume-boosting is basically around 30%, which is not bad, and there is no reverse profit;

4. Galaxy Digital will launch a $100 million fund for early-stage cryptocurrency companies;

5. #pixel Vault’s “BattlePlan” migrated to Ethereum #gaming network Xai.

6. Paradigm-backed startup Vana launches DAO to give Reddit users control over their personal data;

7. Effective Ventures, a charity funded by FTX, will be closed in the UK;

8. Federal Reserve Chairman Powell: We need more confidence in inflation before we can cut interest rates;

9. #Degen : The browser plug-in IDriss already supports DEGEN rewarding X platform users;

10. Solana Ecology continues to create new highs, $JUP $JTO continues to create historical highs;

11. Forbes and Memeland collaborated to host a Web3 community event at NFTNYC; Please note that the tokens of
@Memeland investors are about to be unlocked, which is about 50x of the cost at present.
A huge amount of unlocking is happening, so various favorable activities are being carried out recently to stabilize the price of the currency;

12. Pendle Finance Ecosystem Fund transferred $4.96 million of PENDLE to Binance 3 hours ago;

13. @ZeusNetworkHQ: Build the native communication layer between Solana and Bitcoin, Jupiter will be launched on April 4th; $ZEUS #ZEUS

14. Spot trading volume on cryptocurrency exchanges doubled in March, reaching nearly $2.5 trillion for the first time since 2021;

15. $CKB's Bitcoin ecosystem super protocol RGB++ is launched, which seems to draw attention back to the #Bitcoin ecosystem;

#BullorBear

$BTC 1-Day Chart 👇 April 2 Update

#Bitcoin has fell below 68500, which is a strong support area. It's currently returning to the GAP between 64K-66K, and even 61K if possible.

If today or tomorrow $BTC  does not come back to above 68000-68500, we should spend time to catch DIP for #Altcoins👀🚀 .

#BTC🔥🔥🔥🔥 #BitcoinCorrection

16 Hot News in the past 24hrs - Apr 2 check 👇

1. $BTC callback, leading to a collective callback of the Shanzhai stocks. The 4x contracts have all started to be liquidated. A sharp drop is not a decline, but a negative decline is a decline;

2. $ARKM IEOs launched on Coinbase and Binance start to pull up the market, followed by $MAV ;

3. MakerDAO proposed to allocate $600 million worth of DAI to USDe and sUSDe;

4. dYdX establishes a legal entity in the Cayman Islands and abolishes the existing financial department;

5. $GHST For unknown reasons, the price has risen by more than 400% recently, creating an ATH;

6. Munchables: The team has been completely reorganized to improve fund security. ZachXBT will join multi-signature to safely return funds to users.

7. Binance will add 3 independent members to its board of directors;

8. $CORE - The recent increase exceeded 900%, and the reason is unknown;

9. Anduro, incubated by Marathon Digital, and BOB jointly developed the institutional-oriented Bitcoin sidechain ALYS;

10. Zeus Network, the first Jupiter LFG Launchpad project, announced a detailed airdrop plan; (all those who voted before 313 were snapshotted)

11. Ripple locked a total of 800 million XRP in escrow wallets through 2 transactions;

12. SPACE $ID : 200,000 $ZK will be airdropped to Premier Club members, and the snapshot will be taken on April 4;

13. Someone is shouting #ARC20 , seemingly saying that they want to restore the glory of Bitcoin;

14. $CFX The news at 0:00 yesterday morning did not pull the market up, but a new set of news was issued last night. After the pull, the market quickly plummeted back, and all the high-multiple chasing contracts were killed;

15. $W Wormhole will be online at 8pm on April 3rd;

16. Waves founder said he plans to rename Waves to AI Chain and merge it with GPT; (direct pull $WAVES )

#Memecoins #Wormhole #CFX #BTC🔥🔥🔥🔥