In December, a U.S. appeals court ruled that the U.S. Treasury’s Office of Foreign Asset Control (OFAC) exceeded its statutory authority in sanctioning Tornado Cash.
In the past 12 hours, the net inflow of major orders reached $125 million, with a total buying amount exceeding $185 million, far exceeding the selling amount. Especially 2 hours ago, the three main buying orders accumulated over $110 million in transactions, with prices concentrated in the range of $94800- $94850, demonstrating a strong willingness to go long. Based on the current 2-hour cycle K-line red three soldier pattern, the main force has a clear intention to push up.
At the same time, BTC has stabilized at the EMA24 and EMA52 moving averages, while RSI has broken through the upward trend line, resonating with the main trend, and the upward target may point towards $96000.
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The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.
OKX - VIRTUAL is currently priced at $1.45, with a 10.61% increase over 24 hours. 24-hour transaction volume of 1.2 billion US dollars, an increase of 71.69%, for reference only
BlockBeats news, on April 30th, Fox Business journalist Charles Gasparino said on social media, "Several CEOs have told their investment banks that the impact of tariffs will manifest in the next 6 to 8 weeks. No one dares to say for sure what the outcome will be, but the next two months will be a critical period that will determine whether there will be an economic slowdown or inflation issues. The real unknown is how long the economic shock will last if it really happens, and the situation is still developing
