In the big picture, betting on Ethereum's upgrade in June for interest rate cuts. Currently, all major bloggers are bearish, and this consistency is a concern. Today's market view: macro negatives are gradually being digested, and the expectation of interest rate cuts in May-June + policy implementation may drive market reversal. Looking at the daily chart, Bitcoin and Ethereum are under pressure on the daily line. Currently, the first wave of increase is nearing its end, and the best entry point for everyone is the pullback of the second wave. The long risk-reward ratio of 9.5-9.6 is not suitable; there's a high probability it will move sideways until the MACD returns to the zero axis and the RSI comes back from overbought, followed by a rally in the third wave.
Ethereum has major good news, altcoins are surging! Four meme coins are draining Bitcoin's liquidity, with potential increases exceeding 100 times! PENGU Penguin is a very strong coin team; a wave of price increase is expected in the short term. It's definitely worth paying attention to this one, as it has a future. In the past, I anticipated a price of 0.006 when it was just launched, but later, due to a poor environment, it dropped to 0.004. I didn't see it turning around, so I have been waiting until now. Trading requires patience and waiting; it has been about five months of waiting.
FETFET's trend is leaning towards an ascending triangle pattern. The rebound has not yet broken through the neckline; wait for the breakout before entering. After multiple tests of the neckline's pressure support, it continues to wash this line. Set the stop-loss price according to your acceptable loss range. Entry price: 0.865, stop-loss price: 0.72, target price: 63.22, expected increase: 7208%.
The coin GHIBLI, based on its current trend, is definitely preparing to launch on some exchanges, otherwise, the previous volatility wouldn't have been so large. Once it launches, it will start at a hundred times; it's worth paying attention to. It is necessary to remind that if it doesn't launch, it would 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 run natively across multiple blockchains such as Ethereum, Solana, and Bitcoin.
Its universal EVM (Ethereum Virtual Machine) enables developers to build dApps that run smoothly across multiple blockchains, eliminating the need for bridges and wrapped tokens.
