The US SEC is playing a delaying tactic again! Highlights for April 30
The SEC has postponed the approval of five cryptocurrency assets including Franklin's spot SOL, XRP ETF, Grayscale's spot HBAR ETF, and Bitwise's spot DOGE ETF. According to the approval schedule, many delayed ETF products will still face final approval deadlines between the third and fourth quarters.
BTC has been fluctuating around the 95k position in recent days, with noticeable high volatility. The significant point is that the volume has started to decrease, and the turnover rate has also begun to shrink. Today is the end of the monthly line, and adjustments are awaited. In the short term, BTC is in a range oscillation between 915k-955k. Pay attention to the support level below in the 925-915 range, and watch the 955 area above during the day.
ETH has shown five consecutive downward monthly lines, and recently it has also been oscillating with BTC. The high point around 1850-30 remains a strong resistance level, and the rebound in the morning has not been strong. There is a need for a retest during the day, with attention to the support point at 1760 in the four-hour timeframe. If it breaks down, look for support near 1720, and watch the resistance above at 1810-1830.
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