Workshop

Good ☀ morning, iron fans, check in 👍, like, and make a fortune 🍗🍗🌹🌹! ☆ At the beginning of a new day, the time has come to the second quarter of 2024, looking back at the overnight market, Bitcoin broke through 71000, Ethereum pulled to a high point to 3660, SOL broke through 200, the chain game ecology YGG broke through 1.7, and the BCH in the production reduction sector broke through 690, just one step away from our expected position of 730-820. Some people are good at going to stud when the chicken dog ascends to heaven, and cutting meat when there are ups and downs, you will find that you have been missing the opportunity of this market, but you don't know that the opportunity is in front of you and you miss it to know how to cherish! ☆ Entering the second quarter of 2024, the crypto market in April will be another month full of hope and ups and downs, first of all, the coins in the halving sector will witness the market passion at the moment of halving, BCH, BSV will be halved in early April, at this moment BCH, BSV is on a steady climb, and the end of April will witness the four-year cycle of Bitcoin halving, so April will also be the moment of the coin performance of the halving sector, and secondly, the approval of the Ethereum spot ETF is in full swing, and the heat given by the market will also be high! ☆ Review of the crypto market in March, in the first half of March, Bitcoin hit a milestone breakthrough record high of 69,000, and then hit a new all-time high of 73,879, the meme series, the currency of the AI artificial intelligence sector is also in the limelight, in the second half of March, Bitcoin walked out of the ups and downs of the pullback trend, the most fell to 60850 to stabilize and rebound, but the rotation between the plates has never stopped, it can be said that the whole March is also a month of frequent liquidation of the contract market, but who can do it in advance? At present, SOL has exceeded 200 US dollars, and its associated ecosystems JUT, RAY, AND JTO are extremely active, and the restructuring and merger of FET, AGIX, AND OCEAN are good for the artificial intelligence sector, have you seized the opportunity?

Even if you hit #eosdac# chain, create an earthquake, even if you sell like an ocean, this coin will not stop making 1000%

Good morning ☀ Iron fans check in 👍 Like and make a fortune 🍗🍗🌹🌹 ☆ Overnight, Biden vetoed the controversial [SAB 121] encryption rule by Congress on the US SEC, which requires financial institutions to include customers' digital assets on their balance sheets. Why is this important? First, it will reduce the cost of cryptocurrency custody: abolishing [SAB 121] will lower the cost for banks to provide cryptocurrency custody services, and the abolition may enhance cryptocurrency investment and confidence. Of course, the veto may lead to Congress attempting to overturn the resolution, thereby exacerbating legislative tensions, and [FIT 21] will also be affected. ☆ In addition, BlackRock disclosed information about Ethereum Spot ETF seed investors, which is expected to start trading in late June or early July. Regarding Ethereum, the only unfavourable information outside the technical side is the dump of grayscale ETHE. For three consecutive days, some Fed officials have been hawkish, and expectations for interest rate cuts in the second half of the year have generally dropped. Among them, the probability of an interest rate cut in September is about 45%, and the probability of a rate cut in November is about 60%. There are also some dovish comments that the frequency of two rate cuts will be maintained during the year. After Nvidia breaks through the all-time high, it is about to welcome the Super AI Alliance (ASI) in the circle, that is, AGIX, and the three tokens of FET and OCEAN will be merged into one. The birth of artificial superintelligence is expected to lead to a new round of AI market outbreak, and related zones can be focused on in the short and medium term after the phased shutdown of meme. In a market full of manipulation and full of aggressive dumping, not getting out of the car at will, let alone entering a position at will, is an essential skill for long-term survival. Since the market adjustment, the mainstream zone has been eager to try, I hope it is not a flash in the pan! ☆ After Bitcoin hit a high of 69000, the bulls were unable to continue, and the price gradually fell after encountering strong resistance. The lowest point for BTC reached the support range of 66600, and the bottom support at 67000 has still not been effectively broken in this round of decline, completing another round of defense. Currently, the price has seen some upward movement during the day session, but it still falls into a stagnant situation after encountering resistance at the high point. The overall trend over the weekend is still a range-bound fluctuation. Due to the relatively slow trend, there is not much technical change. The key support at 65500 is also the daily MA60 moving average support for BTC, which has not been broken since the middle of last month until the end of the month, supporting the upward price movement continuously. ☆ After the strong performance of the bulls at the end of last month, Ether experienced a period of volatility in the last few days of the month. After the monthly line change, the price returned to the inside of the Bollinger Bands, completing the recovery. In the subsequent performance, we should pay attention to the release of this month's non-farm payroll and CPI data, which may enhance market confidence and push the price higher! The market is also optimistic about the start of trading for the spot ETF of Ethereum. It is possible to open trading in mid-June, which is undoubtedly a major positive development for Ethereum. Combined with the recent stable price trend of Ethereum and strong support at the bottom, it has been maintaining at a relatively high level. Therefore, it is very likely that Ethereum will break through the strong resistance and reach new highs this month! The Bollinger Bands on the 4-hour chart of Ethereum are narrowing, and the market is testing the resistance of the 60-day moving average and the upper band. If it fails to break through, it will still be in a short-term consolidation phase. The upper level should pay attention to the line at 3820-3850. If it can break through, it may extend to 3880-3920-3950. The short-term support is at 3750-3720. If it doesn't break, the market will still be biased towards consolidation with an upward trend. If it breaks, the probability of holding the 3700 support will decrease. For now, let's focus on the short-term support level. If it breaks, then we need to look at the line at 3670-3650.

#山寨季会很快到来吗？# Let's classify AI-themed coins Ultraman Investment: WLD, ARKM Pan · AI video: RNDR, LPT, VRA Old AI hype: NMR, FET, AGI, OCEAN New AI hype: NFP, AI, XAI AI X Oracle Machine: GRT, RLC Domestic Ai plate Coin: CTXC, MDT, IQ, RSS3