BTC阿颖

The cryptocurrency world is buzzing! The trade war is cooling down, BTC is skyrocketing, what does the future hold?
Folks, the cryptocurrency world has been extremely lively lately! The intensity of the trade war has decreased, and BTC has directly broken through 95,000! AI concept coins are also experiencing a surge, with new coins repeatedly hitting new highs. This market feels like it's on a rocket, let's quickly take a look at what the future might hold!
A KOL mentioned that if BTC can overcome the current resistance level, reaching 106,000 USD would not be a problem! Why? The US stock market has been booming recently, and Trump has released signals for more relaxed tariffs, while funds in stablecoins are continuously flowing in, which was also mentioned in yesterday's report.
From the current overall liquidation liquidity distribution and trend channel, the bulls seem to have the upper hand. However, the macro environment is somewhat unpredictable, making it hard for both bulls and bears to judge. Nonetheless, the market seems to have bottomed out around 74,500 USD. Now, the US Treasury is implementing a bond repurchase plan, and although it is not as direct as quantitative easing (QE), it essentially provides leverage to treasury bond buyers. The government deficit is increasing, and trillions of new debt are about to flood the market, what does this indicate? Money is still continuously being injected into the market, just in a different form. If you have to wait for traditional QE signals to enter the market, by the time Bitcoin reaches 500,000 USD, you might still be sitting on the sidelines!
There's also big news: the Arizona House of Representatives has passed two key bills in the strategic BTC reserve legislation. One is SB 1025, which allows the state treasury and retirement systems to invest up to 10% of public funds in Bitcoin and other virtual currencies; the other is SB 1373, which authorizes the state treasury to manage a digital asset fund. However, this matter carries more symbolic significance than practical significance. The passage of this bill will be a notable entry in the history of BTC and cryptocurrencies, potentially increasing BTC's asset weight and recognition in the long run. But in the short term, it may not be realistic to expect it to bring in a large number of purchases or to drive the market particularly hot. What new trends do you think will emerge in the future? Let's discuss in the comments!

These past couple of days, there's been a feeling of wanting to drop, yet unable to do so. As long as BTC breaks below 94,000, it will be quickly pulled back above 95,000. This indicates that too many people missed the boat during this round of increases; even a slight dip triggers a large number of people to buy the dip. This stands in stark contrast to BTC's sideways movement around 80,000 to 85,000 for 1-2 months, which went largely unnoticed. Most people only believe it when they see it, while very few have the courage to believe it first, and then see it. The most intuitive indicator reflecting this sentiment is the Greed and Fear Index, which is at 60 today, indicating greed, compared to 54 yesterday, which was neutral. Additionally, there is the open interest in contracts; according to Coinglass data, the total open positions for Bitcoin futures contracts across the network stand at 669,900 BTC, approximately 63.7 billion USD, nearing the previous high around 100,000. Since a slight increase is already close to the high, if there is a larger market movement in the future, breaking the previous high is almost a certainty.

敲重点

That's right, Teacher Sanzhong personally tweeted to announce his entry into the crypto field and plans to launch his own personal token, which has attracted the attention of countless fans and veteran figures in the cryptocurrency world.
After this news broke, everyone immediately began to speculate—will she, like Trump, offer some "special privileges" to token holders?

From the daily perspective of Ethereum, the price fluctuated slightly yesterday, and the daily line is also fluctuating at the MA5 moving average. On the 4-hour chart, the price is also above the MA256 moving average at the 1780 line, so overall, just focus on the gains and losses around 1780.

From the daily chart of Bitcoin, yesterday's daily candlestick closed with a red candle, and the price fluctuated around the MA5 daily moving average. On the 4-hour chart, the short-term remains adjusted around the MA30 daily moving average. Pay attention to whether the price can continue to hold above this line of 9.42; if it can maintain, the short-term will continue to fluctuate at a high level.

Major Events This Week:
April 30, 22:30 - Release of the U.S. March Core PCE Price Index Year-on-Year data, previous value was 2.8%, expected is 2.6%;
May 1 - Decision on the Bank of Japan's target interest rate;
May 2 - Release of U.S. April unemployment rate data, seasonally adjusted non-farm payroll data, and other data;

Doesn't anyone feel scared? The trend is completely not following the technicals, without even a bit of pullback, a super exaggerated series of consecutive bullish candles has formed a V-shape.
What's even more outrageous is that important news hasn't been announced yet! A normal person would think either institutions are cashing in on good news in advance and engaging in insider trading, or there's a big waterfall brewing, right?

From the daily perspective of Ethereum, yesterday's price tested the daily MA60 moving average high point at around 1860, while short-term support focuses on the MA10 daily moving average at 1730. In the 4-hour chart, we will continue to maintain the analysis from yesterday's article, paying attention to the gains and losses around the MA256 daily moving average at 1770. If it continues to hold above 1770, the short-term will still maintain a high-level consolidation.

From the daily chart, Bitcoin's price slightly retraced down today and has once again reached the 9.4 level for oscillation and adjustment. On the 4-hour chart, the short-term price is oscillating around the MA5/10/30 day moving averages at the 9.4 level. Pay attention to the gains and losses at this level in the short term. If it stabilizes above 9.4, the short-term upward rebound pattern will continue; otherwise, watch for a retracement to the 9.16 level.

Key Next Week: Non-Farm Payroll Data is Coming, Beware of Black Swans

From the daily chart of Ethereum, the price rebounded to the MA60 daily moving average at the high point of 1870. Pay attention to whether 1870 can be broken through. For short-term support, focus on the MA30 daily moving average at the level of 1690, while the key support level on the 4-hour chart is at the MA256 daily moving average at 1780. If it pulls back and holds above, it indicates effective support testing the pressure at the high point of 1870.

     From the daily chart, Bitcoin has seen a rise in the previous period, but the market has stagnated in recent days. The price is currently fluctuating around the high point of 9.4. In the short term, the support level is at the MA120 daily moving average of 9.16, as well as the MA30 four-hour moving average of 9.35. Pay attention to whether it can hold this level upon retracement; if it holds, it will continue to maintain a strong market.