It’s good that after cursing yesterday, I went to use Alpha! Damn! I’m really cheap, cursing while using it! Complaining and then getting to work. According to the official announcement, the tenth exclusive token generation event (TGE) for Binance Wallet will be held from April 18, 09:00 to 11:00 (UTC), with the participating project being Lorenzo Protocol and the trading platform being PancakeSwap. According to the latest rules, users must complete one valid Binance Alpha token purchase through Binance Wallet (no private key version) or Binance exchange between March 19, 2025, and April 17, 2025, in order to participate in this subscription.
Current Price Dynamics As of today during the Asian session, Bitcoin (BTC) is currently reported around $84,000. After retracing to the support level of $83,000 last night, it rebounded but failed to break through the key resistance level of $86,000. On the daily chart, BTC remains in an ascending wedge structure, and in the short term, the following key levels need attention: Support levels: $83,000 (daily MA30 moving average), $81,500 (weekly MA256 moving average); Resistance levels: $85,000 (4-hour trendline pressure), $86,000 (daily MA60 moving average) Technical Analysis Intensifying Bull-Bear Battle: Yesterday, a false breakout occurred near $85,800, and bears suppressed the rebound through concentrated selling (approximately $30 million in short positions), causing retail investors to stop-loss and exit. Currently, small-scale K-lines have repeatedly closed near $83,000, showing the effectiveness of short-term support. If a double bottom structure forms, it may trigger a rebound to the $85,000-$86,000 range.
Today's BTC Analysis and Thoughts on ETH/BTC Trading Pair
I. Comprehensive Analysis of Bitcoin (BTC) Today's Market 1. Price Trends and Technical Patterns Current Range Fluctuations: BTC currently reports $83,500-$84,800, within the high-level fluctuation range of $83,000-$86,000. In the short term, facing key resistance zones of $85,500-$86,000 (previous high points and dense trading areas), if broken, significant volume expansion is required; the support below focuses on $82,500-$83,000 (trend line support and whale accumulation zones). Technical Indicator Signals: 4-hour RSI is approaching overbought (68-70), and MACD top divergence is beginning to appear, indicating a demand for a pullback. Daily level maintains high-level fluctuations; if it fails to break through $88,000, it may form a 'secondary high top' pattern.
Tariff nuclear bomb drops, market shivers? These hidden lines you might not have understood!
Trump's tariff axe has finally come down! But why hasn't the market collapsed? One person in the comments says, guess whether US stocks tonight will 'die to show you' or 'make a miraculous comeback'? 1. Tariff battlefield: Americans scrape oil, the world kneels? Trump's 'reciprocal tariffs' officially took effect at noon today, but the market surprisingly didn't crash—because the script was already written! East Asian junior brothers lining up to send money: South Korea signed a big natural gas deal with Alaska overnight, and Japan and Taiwan are reportedly following suit (those who understand, understand), this operation is very similar to the 'licking the blade to stay alive' scene in 'Squid Game'.
Bull Market Unfinished: Survival Rules of the Crypto Market under Policy Game
I. Market resilience: The pullback magnitude is still within the continuation range of the bull market Bitcoin has only fallen 28% from its historical high this round, far from reaching the bear market threshold. Comparing historical data: 2021 cycle: Three instances of over 30% pullback (February -53%, May -55%, September -37%) followed by new highs Current cycle: Institutional holdings account for over 35% (12% in 2021), with an average daily net inflow of $120 million for ETFs building a bottom On-chain signal: $76,000 corresponds to the miner shut-down price and the average holding cost of Grayscale GBTC, forming a strong support zone II. Policy game: The 'extreme pressure' script behind the tariff war
$KERNEL Binance Megadrop airdrop task is now open!
Lock BNB products or complete Web3 tasks to participate. Participation steps: 1. Lock BNB, with snapshots every hour; the more you lock, the more points you earn. 2. Web3 task: Transfer 0.015 BNB to the Binance wallet and stake at least 0.01 BNB on KernelDAO.
Start time: April 9, 2025, 8:00 AM End time: April 14, 2025, 8:00 AM Reward distribution time: April 14, 2025, 12:00 PM Trading start time: April 14, 2025, 8:00 PM (Binance exchange) Binance will be the first platform to list this token on the 14th; please do not be deceived.
KERNEL Megadrop details: Token name: KernelDAO (KERNEL) Maximum token supply: 1,000,000,000 KERNEL Total token supply: 1,000,000,000 KERNEL Megadrop token rewards: 40,000,000 KERNEL (4.00% of total token supply) An additional 40,000,000 KERNEL will be distributed in batches to other marketing activities 6 months after the spot listing. Further details will be announced separately. Initial circulating supply when listed on Binance spot: 162,317,496 KERNEL (16.23% of total token supply) Hard cap per user: 320,000 KERNEL
Reward calculation: Total score = (Locked BNB score * Web3 task multiplier) + Web3 task bonus Locked BNB scoring (based on hourly snapshots during the BNB locking product snapshot period) = (120-day average BNB locked amount * 130) + (90-day average BNB locked amount * 120) + (60-day average BNB locked amount * 110) + (30-day average BNB locked amount * 100) + (Average DeFi BNB asset amount * 80) Web3 task multiplier: 1.5 Web3 task rewards: 1,100 Click below to purchase $BNB
The Bitcoin Crash and the Dispute Over Safe-Haven Attributes: A Market Reconstruction Under a Liquidity Crisis
1. The 47 tragedy: The market truth under liquidity strangulation. This Bitcoin single-day crash of nearly $10,000 (from $83,000 to $74,000) resonates historically with 312 (COVID liquidity crisis) and 85 (U.S. debt sell-off panic), with core logic pointing to global liquidity exhaustion. The Trump administration's radical "reciprocal tariff" policy (up to 79%) is akin to an economic nuclear bomb, directly leading to: Global capital market chain circuit breaker: Nikkei, Korean stocks, German DAX, etc., all fell more than 10%, with S&P 500 futures plummeting 5%; Crypto market leverage liquidation storm: $935 million liquidated across the network within 24 hours, with long positions accounting for 85%, and altcoins generally hitting historical lows;
BTC must hold $81,200! If it breaks, it can easily lead to a smooth path down to the $70,000s...
1. Current Market Situation and Technical Analysis Price Volatility and Support-Resistance Current Level: Bitcoin briefly rebounded to around $82,400 in the early hours of April 7 before falling back under pressure, failing to break through the $83,000 level. Key Support: $81,200 is a strong support level that has been validated multiple times recently. The two dips to this level last week both triggered rebounds. If it effectively breaks today, it may trigger stop-loss orders and accelerate the decline, targeting $80,000 or even $78,200. Resistance Zone: Short-term pressure is concentrated between $82,800 and $83,300. A breakout may test $84,300.
USDT vs. USDC: The Stories of Two 'Dollar Representatives' in the Crypto World
Do you really understand USDT and USDC? Let's take a look at their stories together! 1. Background: Rough Heroes vs. Noble Descendants USDT (Tether): "I was born to be a veteran in the crypto world!" Emerging in 2014, claiming to be the 'shadow warrior of the dollar' under Tether. Early on, it was backed by the exchange brother Bitfinex, quickly capturing a large share of the stablecoin market thanks to the 'first come, first served' rules of the trade. Although often questioned about the 'cleanliness of its wallet,' it still remains the most handy tool for traders, thanks to its deep roots and numerous allies (covering major chains like Ethereum and Tron).
Walrus ($WAL) Token Analysis and Bullish Perspective
$Walrus is a decentralized storage protocol developed by Mysten Labs and built on the Sui blockchain. Its native token $WAL will officially launch with the mainnet on March 27, 2025 (today). Based on my analysis of Walrus's technical characteristics, ecological positioning, market potential, and current community sentiment, I believe $WAL has strong upside potential in the short term. Here are my views and analysis. I. Technical and Ecological Advantages Technological Innovation: Breakthrough in Storage Efficiency Walrus significantly reduces the cost of decentralized storage while maintaining high availability and data recovery capabilities by utilizing its unique 'Red Stuff' erasure coding algorithm and low replication factor (4x-5x). In contrast, traditional storage protocols like Filecoin have higher replication factors, resulting in elevated costs. It was mentioned at the event that Walrus's storage costs could be up to 100 times lower than competitors, making this efficiency advantage highly attractive for AI datasets, blockchain game assets, and large-scale DApp developers.
Sui offline event experience: Move, Walrus and Seal ignite bullish sentiment
Today I had the honor to participate in Sui's offline event, covering topics such as the Move programming language, the decentralized storage protocol Walrus, and the upcoming Seal technology. The entire event not only gave me a deep understanding of the technological progress of the Sui ecosystem, but also made me full of confidence in the future growth potential of Sui Coin (SUI). The following combines the content of the event to explain my bullish views from three aspects: technological innovation, ecological development, and market prospects. 1. Move Language: Continuous Strengthening of Technical Foundation The event first focused on the Move programming language, which is the core technical pillar of the Sui blockchain. As a language designed specifically for blockchain, Move is known for its security, efficiency and flexibility. Developers on site shared how Move optimizes asset management and smart contract development through the "object-centric model", especially the breakthrough in parallel transaction processing. This design allows Sui to far surpass many traditional public chains in performance, with transaction confirmation times as low as sub-seconds and throughput theoretically reaching hundreds of thousands of transactions per second.
The Federal Reserve's dovish approach is evident, with Powell hinting at a slowdown in QT in April. Bitcoin ETF inflows remain stable, and Ethereum's staking ETF is a new expectation; the altcoin traffic battle has begun, with CZ promoting the BNB chain meme coins again, $mubarak $tut $broccoli competing for votes to get listed, and $xrp FDV surpassing $eth. The market is building a bottom and waiting for a breakout point! First, let's discuss the Federal Reserve's FOMC meeting last night. The interest rate remains unchanged, and the dot plot indicates two rate cuts this year are within expectations. In the statements and the press conference, Powell was very dovish. The Fed removed the language about balancing employment and inflation targets, stating that uncertainty in the outlook has increased. Powell emphasized several times that tariff policies have affected inflation and acknowledged that the risk of economic recession has risen. He also revealed that the clear start date to slow QT is April 1st, which is clearly in response to the reciprocal tariff policy on April 2nd. This slowing of QT is equivalent to withdrawing $20 billion less from the market each month, which is undoubtedly a heavyweight positive. Although Powell's speech was mostly cautious and seemingly flawless, the market interpreted it as him trying to appear calm while revealing worries about recession. In summary, last night's meeting was definitely the main reason for the market's rebound.
Key Developments in the Cryptocurrency Market on March 19
🔍 Core Market Fluctuation Logic
1. BTC Fluctuation Center: Bitcoin rebounds above 83,000 USD during the day, dragged down by U.S. stocks to 81,000 USD at night, forming a fluctuation range of 81,000 - 83,000. Three main daytime supports are clear:
• Bank of Japan keeps interest rates steady: Although in line with expectations, it signals a crisis of policy shift;
• BlackRock ETF inflow recovery: Daily net inflow of 218 million USD sets a monthly peak, restoring institutional confidence;
• MicroStrategy refinancing to buy coins: Issuance of 5 million preferred shares strengthens the consensus of the "buy coin alliance."
2. Crypto Stock Linkage Pressure: MicroStrategy (-7%), Coinbase (-3%) pre-market plunge triggers BTC drop, but daytime capital inflow shows market has formed muscle memory for the "sell-off at U.S. stock market opening, recovery during Asian hours" fluctuation rhythm.