April 22, 2025, 9:29 AM BTC/ETH/GameFi Sector Market Overview

In the past 24 hours, the market saw liquidations exceeding 1.8 billion CNY, with 96,800 people being liquidated.

Last night, Bitcoin (BTC) experienced significant volatility, while Ethereum (ETH) showed clear signs of a sharp dip.

This morning, the gainers list was dominated by the GameFi sector, with multiple altcoins initiating their first wave of upward momentum. The height of this rally will determine whether they can welcome a 'second spring' thereafter.

BTC Market Analysis Support Levels: 86661/85542/83183 USD

Resistance Level: Currently set at over 90000 USD

Current key point: 88547 USD. Although the second wave of upward momentum has begun, the trading volume is insufficient, requiring larger transaction volumes to confirm a valid breakout. ETH Market Analysis Support Levels:

1505/1450/1405 USD

Resistance Levels: 1640/1715/1753 USD

ETH's first wave of upward movement was suppressed by the 4-hour MA120 (1646 USD) and fell back. Subsequent attention should be paid to the momentum for the second and third waves of breakthroughs. If it successfully holds above the resistance level, targets could look towards 1700 USD and 1753 USD.

The GameFi sector has seen unusual activity, with new coins like ACE, PIXEL, and XAI collectively surging, marking the first signs of a right-side trend after over a year of decline, with initial signs of bottom volume emerging.

Industry Reminder: If there is no further market movement within the year, some projects may face delisting risks before the next bull market. Operational strategy suggests holding onto last week's bottom position and setting a break-even stop loss, while continuing to use break-even loss control strategies this week.