Today's Fear and Greed Index is 38 (yesterday was 30). The degree of panic has dropped significantly compared to yesterday, but the level is still panic.
Analyst Venturefounder tweeted that the Bitcoin balance on the exchange hit a new low in the past month. The BTC exchange balance has been on a downward trend since March 2020, which is in sharp contrast to the early cycle.
BurnBNB tweeted that 131,800 BNB (worth $51,002,650) have been burned since the BEP-95 live burning upgrade.
Ethereum co-founder Vitalik Buterin released a new version of the Ethereum development roadmap on social media. The main changes include: 1. The merger has been completed, not only about "verkle trees", but also about "verification", and the conclusion is "completely SNARK" Ethereum; 2. Added "The Scourge" to ensure fair and credible neutral transactions and solve the MEV problem; 3. Single-slot determinism as a milestone for the second phase of the merger
BTC: Bitcoin is currently continuing to rise, and each retracement is accumulating strength. The current retracement is around 21,100. The upward trend is still continuing, and short orders need to pay attention.
ETH: Ethereum's trend began to weaken, and it has been hovering around the previous high of 1670 without breaking through. The hourly MACD also began to cross, and the four-hour energy column began to flatten. If it cannot break through, the rise will be over.
BNB: Binance Coin is still rising and breaking through the lower range. It may face a retracement in the short term. Pay attention to the retracement support around 337. If the support is not broken, it will be a bullish trend.
PEOPLE: It can be said that the space platform below has been fluctuating for a long time. I paid attention to it a few days ago and also talked about it in the community. Today, Elon Musk posted "Power to the People" on social media, and then ConstitutionDAO (POEPLE) rose by more than 27% in 5 minutes. After Musk took control of Twitter, he led dogs and then people to charge one after another. However, people is also worthy of everyone's attention. They are still far ahead in DAO. However, it is worth noting that you should not chase highs, and the key is to buy at lows.
