The price of Ouyi OKX LTC/USDT has hit a new low in nearly 3 months, now at $79.4, a decrease of 3.07% in 24 hours, with a turnover of $11.9 million. After the price reaches a new low, there is a high probability of a price rebound. (AiCoin Research Institute)
Click on the link to enter the live stream: https://meeting.tencent.com/p/7890471408 Tariffs continue to increase, and the market continues to plummet Daily trend of Da Bing From the daily trend of the Big Dipper, we can see that BTC is currently at $79800, with a intraday fluctuation of 8.6%. Yesterday, it briefly fell to $76300 before rebounding, but successfully stabilized at the psychological level of $80000. The key long short watershed is at $78500, and if it remains stable at this level during the European trading session, it may rise into the resistance range of $84000-85000; If lost, it may quickly slide towards the support band of $72000-70000. Short term technical aspect: The daily chart shows a fierce long short game. If the 1-hour RSI breaks through the 50 track and stabilizes at $78500, the long target points to $82000-85000; On the contrary, if it falls below $77000, it may trigger further declines to $73500 or even $70000 Auntie's intraday trend From Auntie's daily trend, we can see that ETH is currently at $1585, and the intraday rebound is constrained by the resistance of $1520. The ETH/BTC exchange rate has fallen to 0.0186 (a new low since 2023). Technical risk: $1420 is a key support at the weekly level, and if it falls below it, it may trigger liquidation of on chain pledged positions (estimated liquidation threshold is $1380-1400). Short term strategy: If the rebound reaches the range of 1520-1550 US dollars and the 4-hour MACD dead cross occurs, short selling may be considered; If it touches $1380 and there is a bottom divergence, you can try to buy from the left side. In terms of news, the details of Pectra's upgrade will be announced on May 7th, and the bullish sentiment in the market continues to cool down, with tariffs continuing to increase. 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.
BlockBeats news, on April 8th, Bernstein stated that Bitcoin has fallen 26% in the recent market turmoil, which is considered moderate compared to past crashes of 50-70% and shows stronger demand. Market tariffs have caused harm to cryptocurrency miners, but alternative solutions and opportunities for artificial intelligence in the United States provide support. Bitcoin still fluctuates like technology stocks, not gold, but as a liquid risk asset when the market closes. In the long run, it is a more volatile and liquid version of gold (with a market value of approximately $2 trillion, compared to $20 trillion for gold). Institutional adoption through ETFs and corporate treasuries (accounting for 10% of supply) makes Bitcoin more stable. Despite a 15% decline so far this year, the inflow of ETF funds remains positive. Selling pressure mainly comes from short-term traders, while miners maintain strong performance through artificial intelligence trading and low debt.
Click on the link to enter the live stream: https://meeting.tencent.com/p/5658778060 Yesterday, there seemed to be a big mistake in the market. With the world market also experiencing a V-shaped reversal. Some people are just funny. When he sees that your title hasn't heard your content yet, he will completely negate you. I want to hit you in the face. But unfortunately, Lao Guan was not slapped in the face yesterday. After experiencing yesterday's fluctuations, we are even more convinced that all aspects of news in this market are meant to serve experts. There is no such thing as news affecting the market. We will discuss the details of today's market during the live broadcast later, and the main topic of today's market will return to the title. If success is a two-step process, then we have already taken the first step, which is the absolute structure of the daily line level that we discussed yesterday. We are currently in the process of building, and the first successful step is a 4-hour level bottom structure, which has already been established. So according to the current technological form, we are more inclined to use dual currencies in the short term, with a focus on buying long at low prices. And wait for the establishment of the bottom structure at the daily level to make a one month long bullish expectation. In the next two days, we will patiently observe the changes in the signal. Before the signal changes appear, we will operate more with a short-term mindset. If the market shows the corresponding structure according to our plan before Wednesday, then my friends, let me sincerely say this. The big one is coming! So according to our agreement, I hope everyone can come to my live broadcast room on Wednesday and Tuesday. Tencent Meeting: 5658778060 QQ group: 701829134 Aicoin group: https://aicoin.com/link/chat?cid=2ARLLeaoM 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.
Odaily Planet Daily News: Ripple acquires cryptocurrency friendly broker Hidden Road for $1.25 billion.
According to BlockBeats, on April 8th, according to the monitoring of blockchain analysis company BubbleMaps, the Meme coin MELANIA worth over $30 million has been transferred and is being "quietly sold", and the team has not provided any explanation. A total of 50 million MELANIA tokens (approximately $30 million) were transferred from community funds to wallet Cq2Tj6, and then dispersed to multiple addresses: Opened two new $6 million positions More than 3 million US dollars have been sent to the trading platform A token worth $500000 has been sold. No one in the MELANIA team has responded to this. There is no explanation for the transfer of funds. There is no explanation for the selling behavior. BubbleMaps reminds that the MELANIA team wallet holds 92% of the supply.
