April 26 Trend Analysis
Important Updates:
1. Binance announces listing and delisting standards;
2. Trump: Russia and Ukraine are 'very close' to reaching an agreement;
3. Trump: It is unlikely to suspend tariffs for another 90 days, hopes to reach an agreement;
4. Bitcoin records the largest weekly gain since the U.S. elections, outperforming U.S. stocks;
5. U.S. Trade Representative's Office: Negotiating alternatives for reciprocal trade;
6. Coinbase: The legality of staking should be protected, only five states in the U.S. oppose staking services;
7. U.S. Senator Lummis: The Federal Reserve's withdrawal of cryptocurrency regulatory guidance is just talk;
8. SEC Chairman Paul Atkins: Will focus on the regulatory handling of digital assets and distributed ledger technology.
In recent days, Bitcoin has been testing the 96k-96.5k level, which has been tested multiple times without breaking. Although it's a new high, the RSI did not peak at the same time and instead declined, indicating weak upward momentum.
Ultimately, it fell to around 95.7k-95.2k, with a target by the end of the month likely at 93k-92k.
The second coin is also the same; the new high is just a trap for bulls, consider entering in batches, target 17.5
