April 21 Market Briefing:

Fundamentals:

Recently, former U.S. President Trump’s comments on the Federal Reserve's intervention have attracted market attention, and the U.S. dollar index has dropped to a three-year low. Driven by risk aversion, gold prices have reached new highs, and Bitcoin (BTC), due to its 'digital gold' attribute, has also gained popularity, with prices rising over 2%.

Technical Analysis:

BTC:

The current price of Bitcoin is $87,436, with an intraday increase of about 2.7%. Technical charts indicate that BTC broke upward after fluctuating in the $83,000 to $86,000 range last week. Key resistance levels to watch are $89,300 and $91,800, with strong resistance at $95,000. Support levels are in the $85,500 to $86,500 range.

ETH:

The current price of Ethereum is $1,638.91, with an intraday increase of about 1.6%. The technical analysis shows that after recent low-level fluctuations, ETH has rebounded due to the rise of BTC. Key resistance levels to watch are $1,660 and $1,680, with strong resistance at $1,760. Support levels are in the $1,600 to $1,620 range.

Altcoin Performance:

With BTC's rise, the altcoin market has generally warmed up. The artificial intelligence sector has performed outstandingly, with FET's price rising to $0.608867, an intraday increase of about 5.8%; TAO's price rising to $326.97, an intraday increase of about 9.7%; LPT's price rising to $4.24, an intraday increase of about 2.4%.

Operational Suggestions:

The current market is significantly influenced by policy news, and it is recommended that investors closely monitor macroeconomic dynamics, reasonably control positions, and avoid chasing highs. In terms of altcoins, attention can be paid to leading coins in the artificial intelligence sector, but market volatility risks should be noted.