Bitcoin has fallen below $80,000, severely hitting the faces of those influencers who insisted last week that Bitcoin would not drop with the US stock market. Ethereum is even more miserable, suppressed by bears with no power to fight back, plummeting over 10% below $1600, showing no signs of rebound; the market atmosphere over the weekend was tense and unsettling.
When the market declines, it’s not just Bitcoin; the trading volume of altcoins also begins to increase. Take UNI for example, its trading volume was only 5 million the day before yesterday, but now it has reached 40 million on a certain exchange. This is somewhat positive, as increased trading volume indicates a lively market, with holders selling and bottom fishers entering; both sides might even mock each other privately. We will see who wins or loses a few months later.
In this game, the United States still holds dominance, maintaining its unparalleled influence, having tested what it intended to test and controlling the rules of the game. Tonight's US stock market opening will affect whether the crypto market continues to decline. I believe the Americans are likely to stage their 'world-saving' act again. Don't forget, Bitcoin's decline is a result of external factors, not a voluntary downturn. After all, the Americans see Bitcoin as a core strategic reserve, a view that won't change and cannot be changed.
Which altcoins can be bottomed out for recovery and profit in the future?
ATH
The project has built over 20 nodes globally, serving over 200,000 users, focusing on AI and cloud gaming. It has raised $150 million to build a distributed GPU network and is partnering with Auros to promote the implementation of the ATH payment system. Currently, the token price is only $0.025, with a small circulation ratio and a market cap of $129 million, presenting huge upward potential.
OKB
On April 6, the price of OKB broke through the short-term resistance level of $54. However, it may soon face selling pressure from a descending channel. If the bulls can hold their ground, it is likely to break through this channel, with target prices expected to reach $64 and $68. If the price breaks the neckline and closes above it, an inverse head and shoulders pattern will form, with an upward target potentially extending to $70. Conversely, if the price of OKB falls below $54, the market may continue its oscillating consolidation trend.
ZRO
ZRO has recently shown impressive price performance, surging 75%. This is by no means just market hype, but a result of its solid technical strength being highly recognized by the market.
The project has achieved three key results: officially cooperating with the stablecoin project WYST of the Wyoming state government; realizing genuine cross-chain communication through its original 'adjustable trust mechanism'; and successfully completing asset cross-chain transfer between Ethereum and Avalanche using Stargate.
As a practical core solution for cross-chain implementation, ZRO is currently fluctuating in the price range of $1.5 - $5.9. Given this, if there are new government collaborations or project implementations in the future, it is very likely to reignite the market, triggering a new round of market outbreak.
CRV
Don’t underestimate CRV; although it is currently not receiving much attention, it is steadily making key progress. The project has completed multiple upgrades, adding staking assets such as weETH, cbBTC, and LBTC to stabilize the system, and has reached in-depth cooperation with leading DeFi projects like Convex and Yearn for 2025.
At the same time, the stablecoin crvUSD is accelerating its layout, adding strength to ecological expansion. Currently, the price of CRV is stable at $0.42, with a monthly increase of 13.45%. The market expects that as the favorable conditions gradually materialize, CRV is likely to hit $0.46 or even higher by 2025.
