Comprehensive and Concise Analysis of the Cryptocurrency Market (as of April 21, 2025)
Overall Market Performance: The market is experiencing relative stability with a slight rise in major currencies.
Performance of Major Currencies:
Bitcoin (BTC): Current price is $87,409. Daily increase of approximately $2,257 (+2.65%).
Ethereum (ETH): Trading within a narrow range, relatively stable, with indicators suggesting a potential rise soon.
Influential Events:
40 million TRUMP coins will be issued, valued at approximately $320 million, which may cause significant selling pressure.
The U.S. SEC is working on greater regulation for trading platforms.
Recommendations:
For Traders: Monitor support and resistance areas, as volatility is coming.
For Long-Term Investors: The situation is suitable for long-term entry, especially in Bitcoin.