The major trend is that the Ethereum upgrade at 57 is expected, betting on interest rate cuts in June. Currently, all major bloggers in the network are uniformly bearish, and this consistency is a concern.
Today's market view: macroeconomic pessimism is gradually being digested, and the expectation of interest rate cuts in May-June + policy implementation may drive a market reversal. Looking at the daily chart, Bitcoin and Ethereum are facing daily resistance. Currently, the upward A wave is nearing its end, and the B wave pullback is the best layout opportunity. A long position with a ratio of 9.5-9.6 is not suitable, and there is a high probability of sideways movement. Wait for the MACD to return to the zero axis and RSI to come back from overbought before the C wave pushes up.
Great news for Ethereum, altcoins are about to explode! Four demon coins will drain Bitcoin liquidity, and the increase will exceed 100 times!
PENGU
The Penguin is a very strong cryptocurrency team, and a wave of price increase is expected in the short term. This is definitely a currency with a future. I previously anticipated a price of 0.006 when it first launched, but after the market conditions worsened, it dropped to 0.004. I didn't see it turning around and just waited until now. Trading still requires waiting and patience, and it has been about 5 months of waiting.
FET
The FET trend is showing an ascending triangle pattern, and the rebound has not yet broken the neckline. Wait for the breakthrough before entering; it has tested the neckline pressure support multiple times, continuously washing this line. Set your stop-loss price based on your acceptable loss range. Entry price: 0.865, stop-loss price: 0.72, target price: 63.22, expected increase: 7208%.
GHIBLI
This cryptocurrency is called GHIBLI. From the current trend, it certainly seems prepared to go live on some exchanges; otherwise, the previous volatility wouldn't have been so large. Once it launches, the opening will start with a hundredfold increase, so it's worth paying attention to. It's important to note that if it doesn't launch, it will be a wasted effort.
ZETA
In an ecosystem where resources and applications are often isolated within their respective chains, ZetaChain provides a platform that allows developers to create decentralized applications (dApps) that can run natively across multiple blockchains (such as Ethereum, Solana, and Bitcoin).
Its universal EVM (Ethereum Virtual Machine) allows developers to build dApps that run smoothly across multiple blockchains, eliminating the need for bridges and wrapped tokens.
