The Bitcoin and Cryptocurrency Market's Drop and Recovery Are Both Fear and Hope:
1. Market price decline: - On Monday, the cryptocurrency market experienced a massive drop, with global capitalization losing $100 billion and liquidating a total of more than $1 billion. 2. BlackRock investor reaction: - Despite the market turmoil, investors in BlackRock's cryptocurrency fund, IBIT, are holding on to their holdings. - These investors did not liquidate any of their positions, despite a loss of about 8% last week, said Eric Balchunas, senior ETF analyst at Bloomberg.
Get current BTC/USDT price quotes and trends this Q3 and Q4 2024!
Overall comments: 1. Pinbar candlestick pattern: Small candle body and long candle wicks indicate a possible reversal. Currently, the weekly candlestick is showing signs of decline after reaching a high near $70,000 and falling to near $60,000. 2. RSI (Relative Strength Index): RSI is near 50, showing a balance between buying and selling forces. However, if RSI continues to fall below 50, this could confirm a continued bearish trend.
Strong capital flow into Crypto ETP: From April 21-25, global cryptocurrency ETPs attracted $3.4 billion – ranking third in weekly inflows, a 13% decrease from the record $3.85 billion (December 2024). Bitcoin leads: Bitcoin ETP attracted $3.18 billion thanks to BTC price recovering above $90,000. The total assets under management (AUM) of Bitcoin ETP reached $132 billion, while the total AUM of the industry is $151.6 billion. Largest ETFs: BlackRock (iShares): +$1.5 billion. ARK Invest: +$621 million. Fidelity: +$574 million. Outflows: Grayscale (-$84 million), ProShares (-$18 million), CoinShares (-$7 million since the beginning of April). Notable altcoins: Ethereum (ETH): Ended 8 weeks of capital outflow, bringing in $183 million. XRP & SUI: Attracted $31.6 million and $20.7 million respectively. Solana (SOL): Capital outflow of $5.7 million – the only exception. Reasons: According to CoinShares, inflation and the weakening USD are driving investors to digital assets. The price of gold dropped from $3,500 (April 22) to $3,275 (April 23) also contributed. Trend reversal: Inflows have reversed compared to early 2025, marking a strong recovery of the cryptocurrency ETP market.
Technical breakthrough from EVM to RISC-V: Vitalik proposes replacing EVM with an open RISC-V architecture, maintaining compatibility with existing smart contracts (Solidity, Vyper) while expanding support for languages like Rust. Goal: Accelerate the Ethereum main network by 100 times, reduce transaction fees by 1,000 times, directly compete with Solana/Sui, while maintaining decentralization and security advantages. The "rebirth" opportunity for Ethereum L1:
Scrolling through to see the Eastern Lao compatriots lamenting about the market and various things, each person has their own style. But personally, I have my own thoughts: - Firstly, financial knowledge when participating in the market, has everyone learned it somewhere or just entered the market listening to some KOL or team and then followed the news to act, then it would be like a fish lying on the chopping board, not knowing when it will be cut. - Secondly, when entering the Crypto market, it is essential to understand that it fluctuates much more than other markets and the level of risk is extremely high, so understanding the game and how to play it means investing with a capital that you can afford to lose without affecting your life too much. - Thirdly, after many years of participating in financial markets ranging from traditional, stocks, Forex, indices, gold, to Crypto, all have a fairly correlated cycle influenced by events such as epidemics, policies, tariffs, and inflationary decisions that generally affect both directly and indirectly on the global financial market, and crypto is no exception because now the Crypto market resembles technology stocks more than traditional companies outside. Technology has many applications in life, but many do not apply, so it does not resolve anything, thus investing in it does not benefit much for future holdings! - Fourthly, understanding which phase the market cycle is in: accumulation, growth, or distribution to be able to devise short-term, medium-term, and long-term investment plans. Properly dividing capital and managing risk even when prices drop. - Fifthly, managing emotions and having a reasonable strategy is the method to maximize profits for each cycle.
Reciprocal tariffs imposed by President TRUMP 2.0 on 180 countries
President Donald Trump on Wednesday announced the 'reciprocal' tariffs of the United States that more than 180 countries and territories, including members of the European Union, will face under his comprehensive new trade policy.
Trump and the White House shared a series of charts on social media detailing the tariffs they believe other countries impose on the United States. These alleged tariffs include 'Currency manipulation and trade barriers' from those countries.
A "poetic justice" story full of drama in the crypto world! 😅 Summary of the "blockbuster" event: The zkLend hack (2/2023): The hacker exploited a vulnerability, stealing 3,666 ETH (~9.5 million USD) from the lending protocol on Starknet. After that, the hacker held onto the money for a while, perhaps waiting for the right moment to launder it. The tragedy of money laundering (4/1/2024): The hacker intended to use Tornado Cash (an anonymous mixer) to hide the source of the funds. But… instead of going to the official site, the hacker mistakenly clicked on a phishing site pretending to be Tornado Cash! Result: 2,930 ETH (~8.5 million USD at current prices) vanished immediately. The hacker's tearful "letter": The hacker admitted to being tricked, losing all the money and "deeply regretting" it. The crypto community laughed to tears: "Karma is real!" – The one who deceives others was deceived. Lessons from the incident: ✔ Hackers can easily become "prey": Even high-tech criminals can fall for phishing traps if they are not vigilant. ✔ Tornado Cash is still a "double-edged sword": Although sanctioned by the U.S. government, it is still mimicked by hackers to commit fraud. ✔ Crypto spares no one: Whether hacker or trader, just one careless moment can lead to total loss. Community reactions: "Serves them right! Hacking others and then getting hacked!" "Could this be a self-directed exit scam?" "Proof-of-Karma: Blockchain does not forgive the wicked." Outcome: The incident is like a dark comedy showing that "the author of evil indeed meets evil." Can the hacker sue… the one who scammed them? 😆 (P/s: If you use crypto, remember to double-check the URL before transacting!) 🔐 #Alpha2.0ProjectEvaluation #TrumpTariffs #AmericanBitcoinLaunch $BTC
Key developments in news affecting the crypto market to reference
Crypto Today: Tether Rises, Kraken Invests, Bitcoin Miners Under Pressure, Ether ETF Declines, and Ethereum Capital Fragmentation Issues
by tradingview In the context of the cryptocurrency market continuing to experience significant volatility, today's notable news highlights the trends and pressures weighing on the industry: Tether rises to 7th place on the list of buyers of U.S. Treasury bonds: The issuer of USDT, Tether, announced that it will become the seventh largest net foreign currency buyer of U.S. Treasury bonds in 2024, surpassing countries like Canada, Mexico, and Germany. Over the past year, Tether has net purchased bonds worth $33.1 billion, demonstrating the increasing influence of the USD stablecoin in the U.S. government debt market.
"Although you have faced failures and losses, you can still recover and move forward if you learn from your experiences. Treat trading like a game with challenges and opportunities; if you feel tired, take a break to take care of yourself, your family, and your health. Before returning to the ‘battlefield’ of investing, make a note of your mistakes, establish strict risk management rules, and maintain a balance between work and life. Collaborating with a quality team will provide you with diverse perspectives, while managing resources – capital and time – wisely will help you seize sustainable opportunities. Finally, don’t forget to find intrinsic motivation to persistently pursue your passion and achieve true success."
• The decline of Bitcoin futures on CME: Optimism in the Bitcoin market after Donald Trump's election victory has waned, as indicated by the narrowing spread between next month's and the current month's Bitcoin futures on CME. The market seems to have moved past the narrative that a pro-crypto president is beneficial for the industry, with current macro correlations driving the market. The CME futures curve remains in contango.
The PPI index of commodity demand strength has decreased due to the impact of the Trump administration's tariff data on many commodities, including copper and steel, which are the two main items subjected to a 25% tariff affecting significant tariff policies. As a result, people have limited spending, but alongside that, the reported number of jobs is also lower than the previous month, leading to the situation potentially changing very unexpectedly. 21:52 #MarketRebound #FollowTheLeadTrader #USTariffs $BNB
Hiện tại BTC đang phản ứng giá tại vùng 76-80 cho thấy giá đã bật tăng mạnh ở vùng này, như đã nói trước đó thì vùng này là cản cuối cùng mà phe Gấu muốn đẩy giá sâu hơn nếu Phe Bò thất bại tại vùng này thì giá sẽ đẩy xuống khá sâu trở về mức 68-73 trước đó.Hiện tại thì giá đang phục hồi trong ngắn hạn và chỉ có tin tức tốt và dòng tiền từ các kênh khác như vàng và chứng khoán đổ qua or tạo 1 trend gì mới mẻ để dòng tiền chảy vào lại chứ không thì thị trường đang thanh khoản kém chỉ có người mua vào thì ít còn người bán thì đã không còn gì để bán nữa nên khả năng trong tuần này và các tuần kế tiếp sẽ side way đợi tin tức or trends mới từ MM. Hãy đợi xem điều gì sẽ xảy ra với BTC và thị trường Crypto này trong những ngày tới. Có 2 chiến lược trong giai đoạn này , thứ 1 là đứng ngoài quan sát giá chạy và không làm gì cả, thứ 2 là bắt đầu lên kế hoach DCA cụ thể vì giá này mà giảm xuống mức 73 or 68 thì từ 5 - 10% không cao lắm nên DCA bắt đầu bật auto invest mua từ mức này hằng ngày 10$ là cũng tối ưu hoá dòng tiền lúc này! Good LUCK!$BTC $ETH $XRP #BinanceAlphaAlert #MarketPullback #CryptoCPIWatch #MarketRebound
Increase in the price of Bitcoin and cryptocurrencies: Bitcoin has risen about 20% from last week's low, reaching approximately $94,154, while Ether has also increased by about 20%, and other currencies like XRP, Solana, and Cardano have also seen significant gains. Announcement from Donald Trump: In a post on the social media platform Truth Social, Trump stated that his executive order on digital assets will create a reserve that includes cryptocurrencies like Bitcoin and Ether. This had not been announced previously. Impact of the announcement: Trump's post created a positive shock for the cryptocurrency market, helping to improve investor sentiment after a long period of declining prices. However, there are still concerns that the funding for the reserve could come from taxpayers or from cryptocurrencies seized in enforcement actions, which does not actually create new demand for the market. Market situation: Although the stock market closed higher on Friday, the recent sell-off of major tech companies like Nvidia has reduced confidence in Bitcoin, which some view as an alternative indicator for technology. Future forecasts: There is a possibility that this price increase will continue until the Crypto Summit that Trump will host next Friday, but there are also risks from declines in other markets that could affect cryptocurrency market sentiment. #USCryptoReserve #WhiteHouseCryptoSummit #BinanceAlphaAlert #BTCRebundsBack
BTC has reached the oversold zone and the current price has returned to the previous support level from 77-81, so at this price we can start to DCA gradually as the current RSI index is at 22, indicating that the selling pressure has also been exhausted due to many high-leverage orders being liquidated. The liquidation map is highlighted, showing the zones of 76-78, which could also be the support that the bulls are protecting to prevent the price from dropping further. If this zone is broken, the price could drop deeper to the 71 - 74 area that was previously breached in 2024. #SHELLAirdropOnBinance #BybitForensics #BinanceAlphaAlert #BTCDipOrRebound #SaylorBTCPurchase $BTC
Employment reports impact the economic situation of the U.S. and globally.
forexfactory 1. Major news on February 6, 2025 Gold market developments Global gold prices continue to rise sharply, reaching "parabolic" levels with expectations of a correction to the $2,820/ounce area due to profit-taking pressure. This trend is driven by trade tensions and global inflation. Traders on the forum believe gold needs to test the $2,820 support level before continuing its upward trend. U.S. economic data
Chính sách của Trump 2.0 ảnh hưởng đến tài chính và kinh tế toàn cầu như thế nào?
#USBitcoinReserves#BTCHovers100k#BitcoinReserveWave#PCEInflationWatch#MarketRebound$BTC Chính quyền của Tổng thống Donald Trump trong nhiệm kỳ thứ hai (thường được gọi là "Trump 2.0") đang triển khai loạt chính sách cứng rắn với trọng tâm "America First", tập trung vào bốn lĩnh vực chính: nhập cư, thương mại, năng lượng và chính sách đối ngoại. Các biện pháp này được thực hiện thông qua sắc lệnh hành pháp và phối hợp với Quốc hội do đảng Cộng hòa kiểm soát -Chính sách nhập cư siết chặt Củn
The 1inch investment fund has spent 15 million USDC to purchase 4,032.1 ETH and 52.07 WBTC three hours ago. Currently, they have spent over 25 million USDC to buy ETH and WBTC: 20.43 million USDC has purchased 7,289.1 ETH, with an average price of $2,804; 5 million USDC has purchased 52.07 WBTC, with an average price of $96,025.
Steve Yun, former president and current board member of the TON Foundation, has established TVM Ventures, a new venture capital firm with an initial fund size of $100 million. TVM Ventures will focus on funding startups in the TON ecosystem, particularly in the verticals of decentralized finance (DeFi) and payment finance (PayFi).
THINGS YOU NEED TO BE GOOD AT IF YOU WANT TO SURVIVE IN THE FINANCIAL MARKET! Knowing about the financial market through brokers, not having to put in much effort, not having to make much effort, getting rich quickly from the stock market, forex, financial freedom at the age of 30...bla bla... but after a while they realize that everything is not as simple and rosy as they thought, not only is it a waste of health, a waste of time, but all the money and effort saved up over the past 10 years suddenly goes up in smoke, the financial market has swept away everything from their dreams to their assets silently, quietly, slowly without them even knowing. At this time they themselves are also extremely confused and do not know what to do next, who to rely on to help them overcome the storm at this time as well as who can help them achieve the things in their dreams that they still write on a note in front of their desk every day ?? Currently everything has gone too far beyond their imagination, empty-handed because of the financial market. In other words, they have lost the most basic survival ability in the financial market, which is capital preservation. The number 1 important skill of anyone who wants to go far in this market!
D3, một công ty khởi nghiệp đăng ký tên miền, đã hoàn thành 25 triệu đô la tài trợ và vòng tài trợ này được đầu tư bởi Paradigm và những người khác. Đồng thời, công ty cũng sẽ ra mắt chuỗi khối Doma. #MicroStrategyAcquiresBTC #BinanceAlphaAlert #AnimecoinOnBinance