April 21st Altcoin Sector Observation Highlights:
JUP launched Jupiter Pro, with the current price approaching the key resistance level of 0.41. It is recommended to maintain a cautious observation in the short term, waiting for a confirmed breakthrough before considering entry.
The "upgrade concept" remains one of the main lines, with two weeks remaining until several project upgrade nodes. Pay attention to the performance of related assets such as LDO, ARB, OP, PEPE, RPL, PENDLE, and ENA, as they still have rotation potential.
AAVE plans to deploy cross-chain to Aptos. If the proposal is approved, it will be its first attempt in a non-EVM ecosystem. In terms of price, after breaking through the wedge structure, it formed a pullback and then upward pattern. Currently, the 4-hour support level is around 140, and entry opportunities can be sought in that area.
Observe the top ten tokens on the BN chain with negative fee rates. If there are projects on the list that have not shown significant increases, there is a high probability of subsequent catch-up, making them worthy of close tracking.
MAGIC has strengthened again, experiencing an expected surge after yesterday's pullback, with a daily increase of over 50%. As one of the members of the "upgrade concept," its breakout was anticipated, but the current price level is not suitable for chasing highs. It is recommended to observe for now and wait for the next reasonable entry point.
