4.25 Morning Market Overview:
The market has been quite interesting these past few days:
📈 Bitcoin has rebounded to around 94,700, right at the Fibonacci 0.236 level. It seems to have successfully broken out of the descending channel, and market confidence is recovering in the short term.
💧 The Federal Reserve has hinted at rate cuts, and market expectations for easing are approaching. Ethereum has rebounded continuously and shows strong momentum, but it may also be due to its previous sharp decline. Currently, resistance is at $1800, with support at $1640, and orders can be placed to pay attention to this range.
🔥 Market Hotspots Overview:
1️⃣ SUI Erupts: The SUI/BTC exchange rate has broken out on the weekly chart, and ecosystem tokens like CETUS are following suit. SUI has also launched a digital Mastercard supporting $SUI, which is now available in Europe and can be added to Apple Pay and Google Pay, with plans to expand to the United States and issue physical cards in the future.
2️⃣ AI Concept Rises Again: Dark, DPCore, and others have surged, backed by the heat of MCP infrastructure. DPCore is rumored to be a project operated by domestic funds.
3️⃣ The DeFi sector is also taking action: Dolo focuses on the modular DeFi market, and BN Alpha has launched an airdrop points program, which is worth paying attention to as it combines holdings and trading behavior for calculation.
Overall, fund sentiment is gradually warming up, and sector rotation is starting to accelerate. Pay attention to rhythm and position management.
