According to U.S. court documents, the U.S. Securities and Exchange Commission (SEC) has officially issued an electronic subpoena to Justin Sun, the founder of TRON and a member of the Huobi Global Advisory Board, accusing him of illegal sales of securities, fraud and market manipulation. As previously reported, the SEC stated in a previous press release that it was suing Justin Sun, the Tron Foundation, the BitTorrent Foundation, and BitTorrent (now known as Rainberry) for the sale of Tron (TRX) and BitTorrent (BTT) Tokens, describing them as illegal registered crypto-asset securities, and further accused Justin Sun of fraudulently manipulating the secondary market for TRX. Binance US just delisted trx some time ago, and now something happened to Sun Ge. Binance still has a strong sense of crisis.

Important information at a glance:

1. CME "Fed Watch": The probability of the Fed raising interest rates by 25 basis points in May is 68.3%;

2. Kraken will release ETH pledges worth more than $1 billion;

3. Sotheby’s restarts Glitch digital art auction:

4. Musk: Twitter will not take a share of creators' "reward fees" in the next 12 months:

5. Spanish Data Protection Agency launches investigation into ChatGPT:

6. The Chairman of Financial Services of the United States sent a second request to the SEC for records related to the arrest of SBF:

7. dForce founder Mindao: The Shanghai upgrade marks the determination of Ethereum’s native interest rate policy:

8.Immutable reached cooperation with German game outsourcing agency iLogos;

9. The minting volume of Bitcoin Ordinals exceeded 1.1 million, and the minting cost exceeded US$5 million.

BTC：

Bitcoin is trending well, moving along the five-day moving average in small steps, but the funds on Bitcoin are obviously flowing out and flowing into Ethereum. Ethereum has emerged from the short squeeze. As long as Ethereum takes off, altcoins will explode. The recent money-making effect is likely to be in the Ethereum system, and the mainstream coins that were previously stagnant should also usher in a small rebound. The medium-term bullish view of Bitcoin remains unchanged. In the short term, pay attention to the support of 29,600. If it falls below, it will fall back to 28,800-29,000. If it does not break the short-term line, it will continue to move upward in small steps.

eth:

Ethereum broke through 2,000 and ushered in a small outbreak, and has shown a strong trend of short squeeze. It is recommended to refer to the 5-day moving average for short-term holding. The mid-term upside space has just opened, so hold on patiently.

link：

Link has risen in tandem, but the trend is not very strong. It should be better after it stabilizes at 7.6-7.7. Just buy Link and put it aside, it will give you a surprise later.

ltc：

This wave of Wright is about to break through, and it is very likely to start a new round of rise. It is very likely to break through the previous high before the production cut, so it is recommended to continue holding.

Platform Coin:

BGB should focus on the 0.41 support in the short term. If it falls below, you should rebound and reduce your position in time. If it does not break, you can hold it.

Wealth code:

ach: There will be no big problem as long as ach does not break 0.036. Hold it patiently and wait for the outbreak.

Farm: It is at a relative bottom. After adjusting for a period of time, there will be a sudden surge. If there is a surge, the profits can be pocketed in batches.

Ethereum is strong recently, and altcoins will explode. You can choose some rising coins with good shapes or at the bottom for layout. After the Shanghai upgrade, there will be the Cancun upgrade, which is good for the Ethereum system. The Ethereum series like L2 can be focused on for layout.

The above analysis is for reference only and does not constitute investment advice!