The popularity ranking shows that ETH's popularity has decreased by 400000 followers compared to yesterday, ranking second. The popularity ranking is as follows: ① ETH ($1797.88,-1.65%) ② SOL ($144.22,-1.63%) ③ T ($0.01684,-0.88%) ④ PARTI ($0.2523,6.05%) ⑤ SUI ($3.29,-4.91%) The selling power of ETH's main funds is average, with a net outflow of $209 million within 24 hours and a transaction volume of $235.8 billion within 24 hours, of which the main funds had a net outflow of $286 million.
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 trend 1. Technical analysis Key support and pressure: The current price of Bitcoin is fluctuating around $95300, and the daily level has fallen below the EMA5 moving average (about $94500), but a double bottom support structure has formed around $93500. If it does not effectively fall below this support in the short term, it may maintain a volatile pattern. The upper pressure level is in the range of $95500-96000, and after breaking through, attention should be paid to higher resistance. Indicator signal: MACD bearish momentum is dominant, and the 4-hour moving average system (EMA) shows significant suppression of short-term and medium-term moving averages, but the long-term trend is still bullish. If the price stabilizes at $94000 support, it may trigger a rebound. 2. Market sentiment and funding situation The recent pullback in US stocks, especially technology stocks, may create collateral pressure on Bitcoin, but the probability of the Federal Reserve keeping interest rates unchanged in May is high (97.3%), easing market concerns about liquidity tightening. BlackRock's Bitcoin spot ETF holdings have exceeded $60 billion (historical data), and the continuous inflow of institutional funds may provide medium - to long-term support for BTC. 3. Short term strategy If the price falls back into the range of 93500-94000 US dollars, you can consider placing multiple orders in batches, with a stop loss set below 93000 US dollars and a target of 95500-96000 US dollars; If it falls below support, we need to be cautious of further pullback to $92000. Ethereum (ETH) daily trend 1. Technical analysis Key support and pressure: Ethereum's current price is $1810, with a daily downward trend. The short-term support level is in the range of $1770-1800 (which has not been broken in recent tests), and the strong support level is in the range of $1600-1730. The upper pressure level is concentrated at $1850-1870, and after breaking through, it may test $1900. Indicator signal: The 4-hour MACD momentum has weakened, and the EMA moving average system shows a short-term downward trend, but the long-term EMA120 still shows an upward trend, indicating that the medium - to long-term trend has not completely turned short. The Bollinger Band has narrowed to the $1800-1850 range, and attention should be paid to the direction of breakthrough. 2. Fundamentals and Market Dynamics On chain risk: If ETH falls below $1600, it may trigger over $336 million in DeFi lending liquidation, exacerbating selling pressure. ETF fund differentiation: BTC ETF continues to attract capital inflows, while ETH ETF funds flow out, indicating institutional preference for Bitcoin and short-term suppression of ETH. 3. Short term strategy If the price rebounds to the range of $1770-1800, you can take a light long position and set a stop loss below $1750, with a target of $1850-1870; If you encounter resistance when rebounding above $1850, you can consider short selling with a stop loss of $1870 and a target of $1800. 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 AICoin's position or viewpoint 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.
Odaily Planet Daily News: Prior to Federal Reserve Chairman Jerome Powell's upcoming speech on a possible interest rate cut in June, the Bitcoin options market showed moderate risk aversion. According to Deribit CEO Luuk Strijers, although the market generally expects interest rates to remain unchanged this week, there has only been a slight demand for protective put options, reflecting limited caution among heavily invested traders. At present, the spot price of Bitcoin has fallen to around $94000, and Deribit's implied volatility index DVOL is at a level of 45, the lowest point since June 2024, indicating that market sentiment is biased towards moderate risk aversion. At the same time, traders on the decentralized trading platform Derive.XYZ purchased put options with strike prices of $82000, $78000, and $76000, indicating concerns that the Federal Reserve may not cut interest rates or even raise them. Although market expectations for a June rate cut have dropped to 30%, Bank of America believes Powell may maintain an open attitude towards future rate cuts in his speech, emphasizing that policy will depend on upcoming economic data. (CoinDesk)
Odaily Planet Daily News: Tether announced the integration of compliance and monitoring tools from blockchain data platform Chainalysis into its asset tokenization platform Hadron. This integration provides Hadron with institutional level risk detection, real-time transaction monitoring, and comprehensive Know Your Trade (KYT) support, aimed at ensuring that platform users comply with global regulatory standards from the outset. Hadron primarily targets institutions, businesses, and governments, supporting the issuance and management of assets such as stablecoins, bonds, funds, and commodity backed tokens on multiple blockchains. This upgrade also includes ecosystem level transaction monitoring, integrated Know Your Customer (KYC) and KYT frameworks, and API interfaces for seamless integration of enterprise systems. Tether CEO Paolo Ardoino stated that this move marks Hadron's efforts to build a compliant, secure, and scalable asset tokenization platform. Jonathan Levin, co-founder and CEO of Chainalysis, also pointed out that this collaboration will provide compliance based digital asset solutions for institutions and organizations. As of now, Tether has collaborated with 255 law enforcement agencies in 55 countries worldwide to assist in freezing over $2.7 billion in illegal assets.
BlockBeats News: On May 6th, Hadal announced the launch of a token buyback program: Every week, Haedal distributes 50% of the protocol revenue (including liquid collateral fees, HMM fees, and haeVault's net profit) directly to repurchase Haedal tokens from the secondary market. Reward for veHAEDAL Stakers: 100% of the repurchased HAEDAL will be distributed to veHAEDAL stakers based on the proportion of veHAEDAL balance. (The actual reward distribution will be executed in the next week's veHAEDAL cycle after each repurchase.)
According to Bloomberg, insiders have revealed that Limestone Trading, one of Tower Research Capital's internal quantitative trading teams, has increased the funding allocation of its cryptocurrency trading ledger and upgraded its infrastructure to play a more important role as a market maker on global cryptocurrency exchanges. As institutional investors rekindle their interest in digital assets following US President Trump's support for the industry, Tower Research Capital is quietly increasing its bets on cryptocurrencies such as Bitcoin. Insiders say that the team is known for its machine learning driven strategies across asset classes and has now become a leading force in Tower Research Capital's digital asset market making field. It is reported that the Limestone Trading team has over 50 members, located in New York, London, Singapore, and Gurgaon. Previously, after experiencing turbulence in the cryptocurrency industry, including the collapse of FTX and Alameda Research in 2022, as well as Binance's $4.3 billion settlement agreement with US regulators, Tower Research Capital has scaled back its cryptocurrency business over the past two years.