According to the current liquidation map, there is considerable short-selling pressure in the market. Based on the current Bitcoin price near $105,500, if the market fluctuates up and down by $2,000 again and rises to around $107,500, it is expected that the cumulative liquidatable short amount will be about $1.19 billion. Conversely, if the market drops to around $103,500, the cumulative liquidatable long amount is expected to be about $800 million.
Market Direction: Short-term consolidation is the main trend. Since last Saturday and Sunday, the overall market has been in a 4H and 1D level of oscillation and consolidation, and the overall volatility of most altcoins is also average, with more waiting for the market to change direction. Therefore, market sentiment can be seen as neutral.
I personally believe that the market will have more oscillation and consolidation this week due to the abundance of information, with the market remaining mainly in a wait-and-see stance. Additionally, I would especially suggest focusing mainly on Bitcoin, while advising caution with other altcoins, as the overall liquidity of altcoins is not very sufficient, especially for smaller coins. If a large holder decides to sell off, it could easily lead to significant downward pressure.
Prepare to ambush 3 altcoins that could rise 10 times in the next bull market!
1.AXL
A notable feature of Axelar is its General Message Passing (GMP) capability. Since Axelar's GMP allows for cross-chain function calls, message transfers, and state modifications, it provides a universal infrastructure layer for composability and innovation in Web3, which is different from typical token swap bridges. This platform-oriented strategy is similar to the functionality Stripe provides for Web3, which supports permissionless secure interactions in the backend.
In the DeFi space, Axelar has enabled multi-chain liquidity access and control for protocols like dYdX, Uniswap, PancakeSwap, and Lido. For example, Uniswap uses Axelar to deploy V3 on Filecoin's FVM and coordinates governance updates across multiple chains. At the same time, dYdX V4 has simplified cross-chain deposits using Axelar and Squid routing.
In the past week, AXL's return rate has been between +30% to +36%, significantly outperforming many altcoins. The monthly increase is only around 10% to 15%, while year-to-date (YTD) it has dropped over 40% from the peak of $2.64 on March 1, 2024. On April 7, 2025, AXL broke through the cyclical low of $0.27 and has since experienced a significant rebound. This rebound indicates that although AXL's price is about 80% lower than its historical peak, its utility remains active, restoring investor confidence.
At the beginning of 2024, Axelar partnered with Immutable zkEVM to allow players to transfer assets across more than 50 blockchains, thereby expanding the accessibility and network coverage of Web3 games. This partnership has also driven the tokenization of real-world assets; for instance, JPMorgan, Oasis Pro, Provenance, and Axelar are collaborating on the Guardian project, which aims to achieve tokenized portfolios across multiple blockchains.
2.BLUR
Blur's incentive mechanism makes it one of the hottest cryptocurrencies on DEXTools, distinguished by its functionality. Blur not only allows you to trade but also actively rewards you for listing, bidding, and providing liquidity in the bidding pool, rewarding frequent participation. For serious NFT traders, this structured mechanism creates liquidity and lower bid-ask spreads, rather than vanity metrics or passive staking. Another benefit is that users of the Blur protocol can manage author royalties, enabling traders to maximize cost-effectiveness according to their strategies.
In recent years, Blur has significantly expanded its ecosystem. It launched Blend, a peer-to-peer NFT collateral lending protocol that allows holders to borrow ETH using their NFTs as collateral, adding a whole new layer of financial utility. Additionally, the platform has undergone multiple comprehensive security assessments, addressing numerous issues and enhancing confidence in its lending, governance, and market components.
Since reaching a peak of $0.31 a year ago, BLUR has fallen about 74%, and from the peak of $1.40 in February 2023, it has dropped an astonishing 94%. However, this sharp decline has paved the way for recovery: BLUR has risen from a one-year low of $0.078 to $0.080 and then to a high of $0.07, indicating that the recovery volatility is significant but could be quite profitable.
Blur is not a one-time sell-off of all tokens but has taken a series of strategic initiatives, such as airdropping 360 million BLUR to loyal early adopters and active users, aimed at gradually enhancing liquidity and community belonging. It is an aggregation market that links products from LooksRare, OpenSea, X2Y2, and other platforms, providing unified access through a single, powerful interface. The platform is designed for high-frequency NFT traders and advanced users, including cross-market aggregation, native lending, deep liquidity, governance, and optional royalties. Blur's architecture aims to enhance the profitability and complexity of NFT trading.
3.AAVE
After a sharp decline from $325 on Wednesday, it has now reached the 20-day moving average of $269. If the price strongly rebounds from the 20-day moving average, the bulls will try to push the AAVE/USDT pair above $325. If successful, the pair may soar to $380.
Conversely, falling below the 20-day moving average may pull the pair towards the ascending trend line. Buyers are expected to actively defend the ascending trend line. If the price rebounds from the ascending trend line and breaks through the 20-day moving average, the bulls will attempt again to push the pair up to $325.
On the 4-hour chart, the 20-day moving average is trending downwards, and the RSI indicator has fallen into negative territory, indicating that the bears are in control. The support level is at $261, but if it falls below this level, the pair may drop to the ascending trend line.
The first strong sign will be a breakthrough and close above the 20-day moving average. This will open the door for a rise to $291, followed by an increase to $309. Sellers are expected to firmly defend the $309 to $325 range.
Brothers, come to the chat room for a gathering:
Click to join the chat room for occasional surrounding red envelope giveaways! Red envelope sent!