【Black Golden (BG) 0401 Daily Report】
In April, BTC is poised to reach a new all-time high, as the four-year cycle repeats itself. Other cryptocurrencies will also face favorable winds.
Global BTC 10:00 (GMT+8) Data
(AI Little Black)
Futures Long-Short Ratio: 67%:33% (Noticeable bullish sentiment on Sunday)
Spot Buying-Selling Ratio: 59%:49% (Buying increased but not overly aggressive)
BTC: The resistance levels at 72,500, 76,000, and 80,000 may break momentarily. This week marks the beginning of April, and it's crucial. I'm optimistic about breaking through 80,000 before the halving.
ETH: ETH led the charge on Sunday, with trading volume settling. It's poised to challenge 3,800; those uncertain are being shaken out.
Other cryptocurrencies are expected to perform well today. Even if it's just for show, they need to prove their existence and value.
It's advisable to buy at previously recommended lower levels. Avoid chasing highs as there are plenty of opportunities.
