Based on the latest trading data and chart analysis of #ALPACA — it’s clear we’re witnessing one of the most manipulated market cycles in recent memory. Despite the coin’s delisting scheduled for May 2, it has skyrocketed over +250%, but here’s what’s really happening under the hood.
The 24h money inflow shows a steep outflow of -$63M, confirming there’s no organic buy-side strength—liquidity is vanishing fast. Meanwhile, long-short ratios show whales have shifted to aggressive long positions, while most top traders are shorting—this imbalance is a classic trap setup. Open interest of $ALPACA is still surging, indicating more leverage is pouring in, likely to bait retail into both sides before a final flush. Margin debt has spiked, yet taker sell volume is leading, meaning real buyers are thinning out.
In short, this isn’t healthy price action—it’s a liquidation game. The token is being propped up not by fundamentals or utility, but by short squeezes, thin books, and exit liquidity tactics. The rise is sharp, but the fall may be sharper.
Stay cautious.
{spot}(ALPACAUSDT)
The 4-hour $BTC /USDT chart on Binance shows Bitcoin trading at $94,894.57, down 0.15% in the current session. After a significant rally from around $84,000 to a peak of $95,459.99 (24-hour high), the price has entered a consolidation phase, oscillating between $94,000 and $95,000. This suggests a potential pause as the market digests recent gains.
The chart displays a strong uptrend over the past 180 days, with a 50.94% increase, driven by high buying volume, as seen in the volume bars spiking during the rally around April 22–25. However, the recent decrease in volume indicates waning momentum, which could signal a short-term pullback or continued consolidation. The 24-hour trading volume of 15,074.20 BTC (1.43B USDT) remains robust, reflecting sustained interest.
Price action shows Bitcoin struggling to break above the $95,000 resistance level, with the 24-hour low at $93,742.54 acting as immediate support. If this support holds, we might see another push toward $95,500 or higher. Conversely, a break below $93,742 could lead to a deeper correction toward the $90,000 psychological level, where previous consolidation occurred.
The candlestick pattern reveals indecision, with smaller bodies and longer wicks forming over the last few 4-hour periods, hinting at a potential reversal or continuation depending on the next breakout. The Simple Moving Average (SMA) on the volume indicator suggests that buying pressure remains dominant, but a divergence between price and volume could indicate caution.
Key levels to watch: resistance at $95,500 and support at $93,742, with $90,000 as a secondary support. The overall trend remains bullish, but the lack of strong momentum and high volatility (recent 7-day change of -7.70%) suggests a cautious approach. Traders should monitor for a breakout above $95,500 for confirmation of bullish continuation or a drop below $93,742 for a bearish shift. Until then, expect range-bound action.
#ArizonaBTCReserve #AltcoinETFsPostponed #CryptoManMab
BLACKROCK FILES TO TOKENIZE ITS $150B MONEY FUND
- BlackRock, the world’s largest asset manager, filed with the SEC to introduce a blockchain-powered share class, dubbed "DLT Shares," for its $150 billion Treasury Trust Fund.
Key Details:
- The DLT Shares will be exclusively distributed through BNY Mellon, leveraging blockchain to track ownership of the fund’s shares.
- This new offering targets institutional investors, with a minimum investment set at $3 million.
- The Treasury Trust Fund aims to maintain liquidity by investing in cash and short-term government securities, ensuring a stable $1 per share value for investors.
- By utilizing blockchain, BlackRock seeks to streamline transactions, potentially speeding up asset transfers and enhancing liquidity.
- CEO Larry Fink has previously emphasized how tokenization could speed up processes, remove delays, and allow funds to reinvest more efficiently.
BUIDL on Ethereum:
- The filing follows BlackRock's earlier launch of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) on Ethereum, which tokenizes US Treasury securities.
- While Ethereum has faced price struggles recently, the blockchain’s dominance in tokenizing real-world assets—holding 56% market share—positions it as the industry standard for asset tokenization.
- BlackRock’s DLT Shares could pave the way for even greater institutional adoption of Ethereum and blockchain in traditional finance.
Images: BlackRock X platform and Fortune
$SOL /USDT 4-hour chart analysis
The current price is 147.29, showing signs of consolidation following a significant decline from 154 to 145 around the 28th, reflecting strong selling pressure at that time.
The price has since stabilized between 145 and 150, with immediate support at 145 and resistance at the 24-hour high of 150.39.
Volume has dropped considerably after the spike during the sell-off, indicating a lack of strong directional momentum and suggesting the market is in an indecisive phase. The order book shows a near-even split (50.44% buy vs. 49.56% sell), further confirming the lack of clear sentiment.
A breakout above 150 with increased volume could signal a bullish reversal, potentially targeting the 152-154 resistance zone, while a breakdown below 145 may confirm a bearish continuation, with the next support around the 140 level.
Traders should watch for a volume-backed breakout to determine the next move and consider tight stop-losses given the recent volatility.
#Trump100Days #CryptoManMab