1. Quick access to cryptocurrency market trends.
1. Altcoin market conditions.
The market capitalization of altcoins has also rebounded.
2. Total cryptocurrency market capitalization.
The total cryptocurrency market capitalization has strongly broken through.
3. Liquidation heat map.
In the near future, BTC will likely pull back to clear out the bullish liquidity below before continuing to rise.
4. Fear and greed index.
Fear and greed index is 53, overall trend is consistent with BTC.
2. Quick access to cryptocurrency news.
1. Cumberland deposited 2,261 BTC into CEX, worth over $200 million.
According to The Data Nerd, 6 hours ago, Cumberland deposited 2,088 BTC (approximately $193.36 million) into Coinbase. 4 hours ago, it deposited another 173 BTC (approximately $16.05 million) into Coinbase.
2. The Fantom Foundation withdrew 11,074,000 CRV from Curve and transferred it to Binance, approximately $7.64 million.
According to on-chain analyst Yu Jin, the Fantom Foundation withdrew 11,074,000 CRV (approximately $7.64 million) from Curve 10 minutes ago and then transferred it to Binance.
3. A whale has withdrawn 655,000 TRUMP from CEX in the past 4 hours, ranking 17th on the TRUMP dinner leaderboard.
According to on-chain analyst @ai_9684xtpa, TRUMP whale HLJ2V...JXYqh has withdrawn 655,000 TRUMP from Binance at an average price of $12.11 in the past 4 hours, worth $7.93 million. It is currently ranked 17th on the TRUMP dinner leaderboard, with the username MeCo.
4. Fidelity: The supply of Bitcoin on exchanges is decreasing due to purchases by listed companies.
Fidelity's digital asset division has stated on platform X that the supply of Bitcoin on exchanges is decreasing due to purchases by listed companies—this trend is expected to accelerate in the near future. Here are some current trends: Exchanges hold 2.6 million BTC, the lowest level since November 2018. Since November 2024, over 425,000 BTC have been withdrawn from exchanges. This year, listed companies are purchasing over 30,000 BTC per month.
5. A whale that built a position of 3,316 ETH sold all ETH in this round of trading, making a profit of $680,000.
According to on-chain analyst @ai_9684xtpa, a whale that built a position of 3,316 ETH at an average price of $1,548 on April 11 sold all ETH in this round of trading (valued at $5.81 million). The selling price was $1,750.65, making a profit of $680,000 in this round, with a 13% return rate over 13 days.
3. Quick access for large orders.
1. BTC spot orders.
In the chart above, the purple line represents sell orders, and the green line represents buy orders, and so on. From the chart, it can be seen that there is sell order pressure around 94K.
2. ETH spot orders.
There are also a large number of sell orders for ETH below 2000, while buy orders are mainly concentrated around 1500.
4. Quick access for cryptocurrency bloggers.
1. Top trader Pigeon.
Pigeon said the day before yesterday:
90K has been reached—the price has broken through my 'wall of concern'; my bearish bias has basically been shattered. If this position can hold, I will begin to consider going long on altcoins. The overall 'animal spirit' of the altcoin market should be returning, and I will also start looking for opportunities again.
SOL is currently my default choice for high volatility assets, giving a reference to those who ask me.
Updated last night:
There are many interpretations of the market reaction to 'Trump inviting altcoin holders to dinner.'
But for me, the clearest signal is that we have completely entered a 'risk appetite' stage. An event that should not have had any impact on coin prices has now caused related coins to surge by 50% within an hour.
The market is very thirsty right now, ready to rush into altcoins without thinking. Get your shopping list ready.
Pigeon updated the night of the 24th: DOGE (image as above), the take-profit point in the image is around 0.24.
(Pigeon has held a bearish view for some time until BTC broke above 90K. The day before yesterday, Pigeon said the animal coin market was returning, and indeed meme coins violently rebounded from the day before yesterday to yesterday. Next, Pigeon will look for opportunities in altcoins, and at around 10 PM, I decisively notified various groups; many friends made profits.)
2. Trader Vivian.
Vivian updated last night:
I will short Jasmy at the Asian market opening (8 AM Beijing time); I cannot short it yet. Shorting now is equivalent to self-sabotage; any long positions should have stop losses, and profitable positions must carry breakeven stop losses, which is very important.
Do not short for now; liquidity has not been fully cleared. Liquidity is above the red line, and before it is cleared, some altcoins will rise while others will fall. Tomorrow's lower limit is 92K, and the upper limit is 94-95K, at most 97K.
Updated at around 5 AM Beijing time today:
Before the Asian market opens, we will see some altcoins experience strong declines.
Not Bitcoin, only altcoins; stay away from risks. I just hope you observe and record. Which ones are being sold off?
As long as Bitcoin closes above 92,000 on the daily chart, we will see another strong rebound.
On some altcoins, apart from those that are plummeting between now and the Asian market opening, some altcoins that confuse retail investors will rise before tomorrow, then suffer heavy losses.
What might confuse retail investors? XRP, XLM, LTC, they are bouncing around in these markets but not paying attention to what will happen next.
So to summarize:
1) Now wait until the Asian market opens.
2) Asia to New York - strong alternative coins like XRP, XLM, LTC, etc.
3) New York opens, shorting, the coin depends on the market performance from now until the Asian market opens.
Another important point is the daily closing price of Ethereum.
If the price exceeds 1800, tomorrow's increase will undoubtedly be ETH. ETH will go above 2000.
If the closing price is below 1800, then there is another story.
But the former is highly likely.
Better than ETH are the meme coins on the ETH chain.
Do not choose coins like Andy; choose stable tokens like SHIB. It is psychologically easier to manage when increasing positions.
The last message for traders.
If you are a beginner, do not trade based on this information while I am trading. Some tokens have already peaked.
For example, Sui, Fartcoin, Popcat, CRV, Chill guy, Trump, Jasmy, Tao, Chinese tokens.
I personally will skip this round.
But if you plan to trade, these are some effective setups worth paying attention to.
Note that this information is suitable for traders who can manage themselves.
Beginners can trade when I provide entry points, stop losses, position sizes, and exit points. I know what is safe.
The gaming sector will rebound tomorrow. You will know the reason then.
Updated at around 9 AM Beijing time:
Still shorting, target 92.3-92.5k.
,
(Vivian still believes BTC will rebound after reaching 92K, but it will not exceed 97K; she will still look for trading opportunities in altcoins.)
3. Top trader Joshua.
He updated yesterday:
The on-chain AI sector, which was previously suppressed, is now indeed rebounding strongly. Along with memecoins, the market should continue to perform well in the coming weeks.
It's okay if you've missed this wave of the market; the key point is that the market has turned, which is the most important.
1) DEEP is a long-awaited new spot listing project, but this time there was no 'buy the rumor, sell the news' trend.
2) While gold is falling, Bitcoin is rising, further reinforcing the narrative of 'digital gold.'
Updated this afternoon:
The cryptocurrency market itself is still relatively small compared to the entire stock market, which often leads to many irrational fluctuations. Because of these irrational trends, it also means that this market is still full of opportunities, but it also means greater risks.
The reason I mentioned Jellyjelly as suspicious is that in the current market, the places with the most upside and concentrated liquidity are precisely those that have triggered short squeeze events due to the increase in OI/market cap. What I shared are the coins that are most likely to trigger such events. Of course, these types of events themselves reflect irrational market behavior.
Market makers frequently use liquidity to trigger short squeezes, especially on smaller market cap projects with rapidly rising open interest (OI). Market makers will also create short squeeze situations like ALPACA through specific triggering factors like 'delisting.'
(Joshua has also updated a lot recently; from a medium to long-term perspective, he believes the market has reversed, and he is also good at altcoins. Late at night, Joshua called INIT, instantly driving the price up by 15 points; South Korea's GCR indeed lives up to its name.)
4. Top trader Altcoin Sherpa.
He updated this afternoon:
Trading strategy: Choose those cryptocurrencies that are gaining popularity, have high volatility, and show strong trends, such as Fartcoin, $popcat, zerebro, etc.
Buy and hold: Pick projects you like that are consolidating, such as $S, $Grass, and thousands of similar ones.
Most cryptocurrencies are currently fluctuating, having consolidated in a range for 1-2 months. Patience is needed.
(Sherpa believes that some altcoins have been consolidating at the bottom for one or two months, and depending on different coins, short or long trading should be chosen.)
5. Top trader Nachi.
He updated on April 21:
Good morning! I'm back~ I took a break to spend time with my family during this super tough market.
The market bottomed out after Trump announced a 90-day tax freeze. I thought he had taken the most hardline position, so I bought some when BTC fell below 80K and SOL returned to 110.
I am now more convinced that BTC is still in a bull market:
1. BTC/gold (GC) still maintains a bullish trend, with the overall structure trending upward.
2. BTC remains bullish in the high-cycle structure.
3. BTC is beginning to decouple from the US stock market, and under the conditions of a weakening dollar and uncertain environment, the relative strength of gold/BTC is more pronounced.
4. Although there are risks of a recession in the US, Trump is facing strong internal pressure; I believe he will be forced to reduce the tariff policy.
5. BTC is most sensitive to liquidity, while central banks in various countries are finally beginning to inject liquidity back into the system.
My basic assumption:
This summer will be a summer of 'money printing' rather than a summer of 'slacking off.'
I believe that the period from April to August 2025 is the most bullish time— the market will reverse from extreme bearish sentiment/events, and Trump will gradually reduce tariffs, releasing space for the Federal Reserve and other central banks to cut interest rates and inject liquidity. If Trump ramps up tariffs again in June, then I will be wrong.
Market top:
Will appear at the peak of liquidity/positive events, probably at the end of summer.
After this round of highs for BTC, SOL, Hype, TAO, it is now time to start the second round of altcoin layouts—this round I am focusing on $ETH and $SUI, and will share my detailed views on ETH later.
Updated early this morning:
$ETH has risen over 10% since the viewpoint was published a few days ago, with $SUI rising even more than 30%.
Currently, mainstream cryptocurrencies have entered a critical resistance area; today I also partially took profits and exited. If the market is finally going to make a decent correction—then it could be now.
(Not only did he clearly call out before ETH and SUI took off, but he also accurately timed the exit today and provided bullish reasons for this summer and predictions for the top. Nachi usually updates once every few months, and when he does, he provides so much important information.)
6. Wave theory by Liu Yudong.
April 24, 2025 Daily Chart.
The third segment of the blue line is operating normally; observe at 91233. If it falls below 91233, it is believed that the third segment of the blue line has ended, and above 91233, it is believed that the third segment of the blue line will continue to rise.
(Liu Yudong believes that as long as it doesn't fall below 91233, it will continue to rise; combining yesterday's analysis, the height of the rise will not exceed 99.2K, followed by a correction.)
5. Summary.
1. Market: The last update was 7 days ago, when we thought BTC would still pull back, but it only dropped to over 83,000. Now we know that during those few days, strategy companies were continuously buying, purchasing $560 million worth of BTC, essentially buying the BTC chart into a breakout, and altcoins have also risen in the past two days as market enthusiasm recovers. A group member told me: The bull will return.
Currently, the possibility of BTC breaking new lows again is very low, but it will not soar; after rising to 97-99K, it will also face correction. However, during this period, altcoins should see strong rebounds, as they have previously fallen too much.
In the medium to long term, there should be good market conditions in June and July. This year, the likelihood of BTC continuing to reach new highs is very high, just as I said a month and a half ago; for a long time to come, going long will be the main theme, and the risk-reward ratio for going short is relatively poor.
2. Reason for the update suspension: The latter half of last week saw a suspension of updates due to lack of market activity while preparing for the launch of the Discord aggregation channel. Then on Sunday afternoon, an explosive event occurred in our group, as the VOXEL contract experienced wild fluctuations, discovered by a group member. Within ten minutes, five group members made 25 million RMB with a few hundred USD, and one member made 17 million RMB. I didn't even eat that day, busy until 3 AM. Later, due to the BG rollback incident, only one group member successfully withdrew funds, while others' accounts were cleared and they are still seeking rights protection. As I am a BG rebate agent, they are my rebate users, and I also participated in coordinating and understanding platform risk issues.
At the same time, the Discord channel is online, migrating the muted groups over, connecting with hundreds of group members; it took several days to get it done, and only today did I have time to update the article. I apologize to friends waiting for updates because I had things to do over the weekend. The next update will have to wait until next Monday; I will try to provide a simple update over the weekend.
Statement:
The above information is for reference only and is not trading advice. The cryptocurrency market is high risk; participation requires caution.
Follow me for free to get the latest information and the public strategies of top traders from China and abroad, as well as some internal strategies. ##币安Alpha上新
