Cumberland proposed 11600 ETH, approximately $21 million, from Coinbase one hour ago

At the opening of the US stock market, the Dow Jones Industrial Average rose 50 points, the Nasdaq fell 93 points, and the S&P 500 index fell 0.38%.

Foresight News reports that Aleph Zero, a Layer 1 blockchain, will launch a new encrypted web application called Common Solution. This application is designed specifically for privacy based cross chain transactions and will initially support private cross chain transactions on Arbitrarum. It plans to expand to other EVM chains such as Base, Berachain, and Sonic. This application is based on the infrastructure of Aleph Zero and is built in collaboration with Common (a privacy focused DeFi project created by Adam Gagol, co-founder of Aleph Zero), aiming to protect the security of blockchain activities while ensuring auditability. Common Solution will also provide blocking benefits, private staking rewards, and private cross chain bridging functionality. It will support MetaMask, Ledger, Rabby, and other wallets, and the mobile version is expected to be released by the end of May.

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The current price of ETH is $1804.34, with a decrease of 0.46% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 10.04 million US dollars, with multiple orders being the main liquidation and 2.31 million US dollars (23.06%) of ETH liquidation. The data is for reference only.

Click on the link to enter the live stream: https://meeting.tencent.com/p/7890471408 (Note: Tencent Meeting APP needs to be downloaded) Bitcoin (BTC) Daily Analysis 1. Overall analysis In the short term, due to the strong bullish momentum shown by the MACD indicator and the active market participants indicated by the Volume indicator, the upward trend may continue. However, it should be noted that the TD indicator is already in a "9" state, indicating a potential reversal signal, so the market may tend to stabilize or undergo consolidation. Suggestion: Currently, the market has strong buyer power, but given the reversal signals of the top classification and TD indicators, it is recommended to remain cautious. Short term trading can adopt a take profit strategy when the price approaches the resistance level of 97538.0, while monitoring buying opportunities near the support level of 74457.0 to cope with possible pullbacks. Pay close attention to changes in the subsequent K-line and indicators to flexibly adjust operational strategies. 2. Technical analysis K-line pattern: A cross star may indicate a trend reversal, while the red three soldiers indicate strong upward momentum, further confirming the upward trend through bullish swallowing. MACD: The DIF line crosses the DEA line, indicating a confirmed upward trend. The strengthening of the red bar indicates the growth of bullish momentum. Volume: High trading volume drives price increases, followed by consolidation with low trading volume, and recent moderate trading volume supports price stability. TD: Currently in a "9" state, indicating a possible reversal signal and the market may enter consolidation or adjustment. 3. Potential buying and selling points Buy point: 74457 USDT (This position is a recent low and may form strong support, with an opportunity for a rebound). ） Long stop loss point: 71100 USDT (After falling below this point, the support is confirmed to have expired, further expanding the downside risk). ） Sell point: 97538 USDT (This position is the recent high and resistance level, and there may be strong selling pressure). ） Shorting stop loss point: 98000 USDT (If this resistance level is broken, it is confirmed that the market may continue its upward trend after the breakthrough.). ） Ethereum (ETH) Daily Analysis 1. Overall analysis In the short term, due to the positive changes in the MACD indicator's golden cross and bar chart, the buyer's power in the market has increased, which may continue to push up prices. However, recent patterns suggest downward risks, especially with the emergence of the April 27th pregnancy line and top typing, which requires attention to potential pressures. Suggestion: Given that the market is currently in a volatile range and has some rebound momentum, the pattern also suggests that we need to pay attention to the risk of decline. It is recommended to be cautious in operation, and consider buying low and placing long positions near the support level of 1786.68, while paying attention to whether the key resistance level above 1819.00 can be effectively broken through. If the price breaks through and stabilizes above resistance, consider adding long positions in the short term. Similarly, set stop losses to avoid unexpected market risks under the top of the line and pregnancy signals. Pay close attention to changes in trading volume to support the shift in market sentiment. 2. Technical analysis K-line pattern: Catching the waist belt line indicates a possible short-term reversal, the pregnancy line and top pattern suggest a downward risk, and the bottom pattern indicates a rebound opportunity. TD: The indicator shows "Up2", indicating further upward potential in the market and requiring observation to break through pressure levels. Volume: An increase in trading volume indicates market selling pressure, while a decrease in volume implies a wait-and-see attitude in the market. MACD: DIF and DEA form a golden cross, with strong bullish signals and increased buyer power. 3. Potential buying and selling points Buy point: 1786.68 USDT (close to support level, MACD indicator shows increased bullish momentum, potential rebound opportunity) Long stop loss point: 1750 USDT (falling below the recent low support level, confirming the downward risk of trend reversal) Sell point: 1819 USDT (close to resistance level, combined with recent pattern analysis, there may be selling pressure risk) Short stop loss point: 1857 USDT (breaking through recent highs, indicating continued upward momentum and confirming breakthrough) In this rebound led by Bitcoin, we have witnessed the power of technical analysis and the infinite possibilities of the market. Let's remain calm and continue to follow, because the story of Bitcoin continues. Welcome to the live broadcast room for communication, and at the same time, share practical knowledge and secret tactics! What will the market do next? Professor Pang Tong, who has ten years of theoretical and practical trading experience in the cryptocurrency industry, will provide a detailed breakdown for everyone. Welcome to the live broadcast room to check in! Join the Three Kingdoms College Exchange Group to receive more services: 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Official QQ group: 579358784 Tencent Meeting ID: 789-047-1408 The live broadcast room will be broken down in detail. Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.