According to market news, the Golden Retriever Lion plans to host a dinner for the holders of $TRUMP , and the team is currently creating a webpage for this. It is estimated that people will no longer believe in the Golden Retriever Lion's 'childish behavior'.
TRUMP rose over 9% within 24 hours after unlocking $320 million in tokens, with the current price around $8.155, but it is still down over 90% from the January peak.
Despite the poor liquidity, $1.3 million can drive a 2% price fluctuation, but the market seems to have already priced in the unlocking expectations. Currently, there are 636,000 wallet addresses, and those holding over $1,000 are less than 2%.
This week, the market experienced a week of high-level fluctuations. In the first half of the week, it was in a correction phase. After ending the pullback yesterday morning, it started to rise, breaking through 9.6, and is currently around 9.7. This can be seen as the end of the fourth wave's sideways adjustment followed by the fifth wave's rise.
Looking at the current market, this wave of rise is obviously weaker compared to the previous three waves. Besides Bitcoin standing out on its own, no particularly independent varieties have been seen in the rise of mainstream and altcoins, and the profit-making effect is not as significant as in the previous wave.
From a technical perspective, the fifth wave usually indicates the end of an upward movement, so we should first pay attention to the overall height of this rise. Currently, both Bitcoin and Ethereum have 4-hour high point alerts. If formed, the short-term rise will come to an end.
Ethereum broke through 1850 yesterday, but the momentum was very small, with insufficient energy. The upper resistance is at 1880, and the lower support is at 1800. We will continue to monitor the 4-hour high point alert situation.
For Bitcoin, the short-term lower support is at 95500, and the upper resistance is at 9.8 and 100k.
$ETH 4 hours level KDJ high dead cross and RSI top divergence resonance, short-term pullback risk increases, but daily MACD golden cross still supports rebound momentum.
Need to pay attention to the $1800 watershed, once stabilized, it is expected to challenge the 1850 resistance.
Ethereum trading suggestion: buy in batches between 1750-1780, target 1850, stop loss at 1720 if broken.
$BTC The technical analysis shows a signal of a tug-of-war between bulls and bears. The Bollinger Bands at the 4-hour level are opening downwards, RSI is neutral but slightly weak, and KDJ has a dead cross that hasn't been corrected, creating a divergence with the daily MACD golden cross.
On-chain data shows that the net inflow into ETFs has decreased by 23%, and the funding rate remains negative, indicating cautious main capital. Key resistance is at 95500; a breakout would confirm a bullish trend, while a failure to break would lead to continued oscillation.
Big coin trading suggestion: buy low at 93200-93700, target 95500, stop loss at 92500.
Overnight Important Developments Overview: 1. Trump MEME coin airdrop event launched, on-chain trading volume increased by 287% in a single day, coin price surged by 37% 2. Goldman Sachs predicts Q3 stablecoin market value will exceed 200 billion, USDC share rebounds to 32% 3. U.S. cryptocurrency regulatory bill advances, SEC/CFTC joint framework approved by the House of Representatives 4. Bitcoin ETF has attracted investment for 8 consecutive days, increasing holdings by 5320 BTC ($370 million) in one day 5. Ethereum Pectra upgrade confirms EIP-7702, EOA accounts can temporarily switch to smart contracts 6. Texas legislation protects cryptocurrency mining, prohibiting government intervention in legal businesses 7. Visa integrates USDC settlement on Solana blockchain, cross-border payments speed up to seconds 8. Binance burns $194 million BNB, simultaneously launching 18% APY staking product 9. Worldcoin under investigation in Brazil, WLD briefly drops by 14% 10. Tether issues 1 billion USDT (pre-authorized), possibly for Asian liquidity reserves.
Removed from the list on May 2nd, I opened a short position with a small amount, is anyone bold enough to follow? As usual, stop loss at 5 points, let's go!
$BTC In terms of structure, it is currently in a stage of top-bottom conversion, so there is no significant upward space at the top.
However, the lower points are continuously being raised, and it must be mentioned that the 95000 level is crucial. Conversion takes time, so in the short term, without strong bullish factors influencing the market, fluctuations and adjustments will still be the main theme.
In the short term, while direction is certainly important, the timing of entry is even more crucial. Flexibly grasping within the range, Duodan can continue to hold.
Operational advice for Bitcoin: Buy around 94000-94500, target 96000
Important overnight developments overview: 1. Musk's mention of DOGE triggered a surge in on-chain trading volume 2. Goldman Sachs predicts Bitcoin may surpass $100,000 by year-end 3. Core provisions of the EU MiCA regulation officially take effect today 4. Bitcoin spot ETF sees a net inflow of over 5,000 BTC in a single day 5. Ethereum's Pectra upgrade confirms inclusion of EIP-7251 proposal 6. Florida signs bill banning the circulation of CBDCs 7. Visa announces expansion of stablecoin settlement services on the Solana network 8. Coinbase's system has fully recovered after a brief downtime
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Now entering long around 0.011, stop loss below 0.0106, target 0.012.
New coin in the AI sector, small market cap token, contract holding data is decent, although it hasn't reached equivalent holdings, it's still pretty good.
Now entering long around 0.011, stop loss below 0.0106, target 0.012.
New coin in the AI sector, small market cap token, contract holding data is decent, although it hasn't reached equivalent holdings, it's still pretty good.
Overnight Important Developments Overview: 1. Surge in on-chain transfers for Trump MEME coin dinner 2. JPMorgan predicts growth in stablecoin market size 3. The U.S. accelerates crypto legislation, aiming for completion before August 4. Net inflow of 4,201 BTC into Bitcoin ETF 5. Ethereum Foundation unveils vision and core principles 6. Arizona Bitcoin reserve bill set for vote 7. Mastercard expands support for crypto stablecoin settlements 8. Binance platform operating normally, users advised to manage positions during power outage in Spain
In terms of $ETH , it also experienced a pullback followed by a rebound yesterday, with morning fluctuations trending upwards. Currently, it is under pressure and falling back, showing a fluctuating recovery trend.
Technical indicators indicate an upward trend, but the rebound momentum is insufficient, with Bollinger Bands narrowing, and the price is operating between the middle and upper bands.
Before breaking through the key resistance level above, it is recommended to prioritize short positions during the rebound.
Ethereum operation suggestion: Short at 1800-1830, targeting around 1750.
Good morning! Last night, $BTC experienced a strong pullback, dipping nearly 2000 points, with a low near 93400 forming a bottom support, followed by a rapid rebound.
In the morning, BTC slowly oscillated upwards, reaching a high of 95415, then fell back to around 94500, showing a corrective oscillation trend.
Currently, the four-hour and hourly technical indicators are both trending upward, but there are clear signs of stagnation after the rebound. After two consecutive bullish candles, a small bearish candle appeared with a long upper shadow, indicating significant pressure above, and the bullish momentum has weakened. The Bollinger Bands are converging, with the price oscillating between the upper and middle bands. Before effectively breaking through the key resistance level of 95769, it is recommended to focus on short positions during the rebound.
Suggested operations for Bitcoin: Short at 95000-95500, with a target around 93000.
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After the four-hour K-line rebound encounters resistance at 1800-1830, Boll is parallel, bullish momentum is insufficient, the market is fluctuating, and bearish pressure may increase in the future.
After the bullish rise in the one-hour chart, it balanced out, Boll is stable, fluctuations are limited, long and short are balanced, and there is currently no breakout, with resistance above.
Ethereum afternoon operation suggestion: short at 1800-1830, target 1720.
Four-hour small bullish K-line with a long lower shadow, retracing before reaching 94000. The market is oscillating between the upper and lower Bollinger bands, rebounding after support at the lower band. The Bollinger bands are parallel, and the strength of the bullish rebound is weak, consolidating around 94000, with potential continued bearish pressure in the future.
The one-hour chart shows four consecutive bullish candles, Bollinger bands flattening, small fluctuations, and balance between bulls and bears, with no breakout yet and obvious resistance above.
Afternoon trading suggestion for Bitcoin: Short at 94300-94800, target 92500.
Market Dynamics: ProShares Trust Submits Amendment for XRP Futures ETF Recently, ProShares Trust submitted a registration amendment for the XRP series futures ETF to the SEC, which is expected to officially take effect on April 30. The market generally believes that if the ETF is approved, it will be a positive recognition for Ripple (XRP), potentially further boosting investor confidence. As a result of this news, the price of Ripple has increased by 3.5% in the past 24 hours, outperforming other mainstream cryptocurrencies during the same period. Ethereum Gas Cap Increase Proposal Attracts Attention An Ethereum Foundation researcher proposed a new proposal to gradually increase the Gas cap of the Ethereum network by 100 times over the next four years. If this plan is implemented, it could significantly enhance the scalability of the Ethereum network, which would be viewed as a long-term positive by the market. However, this proposal still faces technical challenges and potential risks during its implementation, which could lead to short-term market fluctuations. Investors need to closely monitor subsequent developments. Market Sentiment Stabilizes, Federal Reserve Rate Policy Expectations Clarified Latest data shows that today's cryptocurrency market Fear and Greed Index has dropped to 54, with sentiment shifting from 'Greed' back to 'Neutral'. At the same time, market expectations for the Federal Reserve's May meeting have become more unified, with the probability of maintaining the current interest rate as high as 90.3%. This signal may lead to a more cautious risk appetite among investors, potentially suppressing the volatility of the cryptocurrency market in the short term.