In the current market, there is always a possibility of a sudden drop. Be sure to manage your risks well. If you are investing with me, set up your orders according to plan for $BTC , $ETH , $SOL ! #币安Alpha上新
Epic positive news? #BTC☀ The Bitcoin Reserve Bills SB1373 and SB1025 have passed~ Now we just wait for the governor's signature!
At 4 a.m. Beijing time (1 p.m. Mountain Time), Arizona will conduct the third reading of the two Bitcoin-related bills, SB1373 and SB1025, and vote to pass! The vote was 31-25. Arizona will become the first state in the U.S. to use state funds to buy BTC, which is an epic positive development. In the long run, this may encourage more states to pass BTC strategic reserve bills.
Although we are still waiting for the governor's signature, this is indeed the first and second state-level Bitcoin strategic reserves jointly agreed upon by the House of Representatives and the Senate in U.S. history, and it is the first time in U.S. history that documents related to $BTC and cryptocurrencies have been handed over to the governor for signature. Many friends are asking why there hasn't been a price increase; it's because the governor hasn't signed yet, and the governor has up to five working days to decide.
#ETH走势分析 Weekly opened low and rose high~~ Friends who short should pay attention to risks~~ Upper resistance levels 1850 1869 1887 1908 Lower support levels 1750 1725 1695
#ETH走势分析 1857 saw the spike and then went short~~ All levels from 8 hours ago are top divergences~~ the market is already very weak~ 1857 is the pressure level of the quarterly line~ 1820 is the key reversal level, as long as it doesn't stabilize~ It can still be seen as a short! My recent trading idea is also mainly short~
Currently looking at support and resistance levels: (short-term) overall market is relatively weak~~ be cautious when going long! Upper resistance levels: 1795 1807 1820 1857 Lower support levels: 1698 1668 1553
ETH risk looks at the 5-day line, invisibly effective~~ there may be a deep pullback Looking at the support that can be provided below the quarterly line: 1328 1294 1071
#BTC走势分析 BTC's overall performance weakened yesterday~~I also suggested that everyone pin up is a short~~ Multi-level top divergence~~Pinning easily accelerates the decline~ Currently, the upper pressure level of 94562 has become the maximum pressure level The support level of 93548 has now been broken~~Turning into a resistance level
👉Personally, I am currently more bearish on the market~~Be cautious when going long! Looking at the intraday support and resistance levels: (short-term) Upper resistance levels: 93548 94228 94562 Lower support levels: 88500 87191 83378
Risk looks at whether the 5-day line is functioning~~If effective, the 5-day line MACD will drop~ A pullback may be quite deep We may see BTC starting with 7 or 6
#solana The overall SOL market is still weaker than Bitcoin and ETH~~ Looking at the 4-hour chart, it has already broken through the upward channel~~ 4-6 hour top divergence ~~The upward momentum has weakened, strong resistance at 169
Short-term resistance at 153 157 160 Short-term support at 141.37 138
The publicly traded company SOL Strategies Inc. launches a $500 million 'buy, buy, buy' model, becoming the next BTC for MicroStrategy
On April 23, 2025, the Canadian publicly traded company SOL Strategies Inc. announced that it had signed an independent agreement with ATW Partners on the same day to establish a convertible note financing mechanism of up to $500 million, with the funds specifically used for purchasing SOL tokens.
These tokens will be staked through the validating nodes operated directly by SOL Strategies, and the generated profits will be shared between the two parties. According to the financing mechanism released by the company, the first batch will issue convertible notes with a total principal of
$20 million, and subsequently, up to $480 million can be drawn in batches based on specific conditions. The first delivery is expected to be completed around May 1, 2025, with the exact timing depending on the normal delivery conditions. Under this innovative structure, the interest on the notes will be paid in SOL tokens, calculated based on the staking earnings generated by the SOL tokens purchased through this mechanism and staked by SOL Strategies.
US SEC Delays Approval for Canary HBAR Spot ETF and Bitwise Bitcoin and Ethereum ETF
According to regulatory documents released on April 24, the U.S. Securities and Exchange Commission (SEC) has postponed the deadline for deciding on Grayscale's application to convert the Polkadot Trust into a spot ETF and the listing plan for the HBAR spot ETF submitted by Canary Capital to June 11.
In addition, the approval for the Bitcoin and Ethereum ETF proposed by Bitwise has also been postponed to June 10. The SEC stated that more time is needed to evaluate the proposals and public opinions.