#ETH（以太坊）
Ether dropped to 3000 points twice in the early morning, reaching a minimum of 2995, and then demand began to rebound. The highest rebound during the day was around 3120. The overall rebound was limited. At present, it fell back in conjunction with Bitcoin and fell again to around 3000. For Ethereum, 3000 points is very critical. If it effectively falls below, there will be a vacuum zone below, and the support is far away, and the risk is uncontrollable.
The current decline of the market is mainly caused by Bitcoin. From the strength of the decline of many cottages and the exchange rate of Ethereum, we can see that the current round of cottages has been thorough enough. The chips in the hands of retail investors have basically been washed out, but in terms of Bitcoin, Grayscale still holds a large number of chips. These chips are low-priced profit chips, so there is no cost to smash the market. Once the market continues to be weak, panic selling may occur. On the other hand, if the market stabilizes, cottages have great opportunities, so it is a safer approach to continue to deploy spot at lows.

In terms of exchange rate, there is not much fluctuation today, running at 0.0485 Nearby, the current exchange rate is low in the medium and long term, but in the short term, ether has no independent narrative and it is difficult to strengthen independently. In the counter-trend, the main force will only choose to absorb funds and will not make markets independently. If it does not stabilize at 0.05, do not easily enter the market in terms of exchange rate

At the current point, the short-term focus below is 3000. If it falls below 3000, the large-scale support below is 2700
The short-term resistance above continues to focus on 3100 3200

In terms of operation, we can only focus on whether the 3000 point can stabilize. Once it effectively falls below, we will no longer consider going long in the short term. If it does not fall below 3000 during the US trading time, we can try to enter the market

#BTC🔥🔥🔥🔥🔥🔥
Bitcoin continued to fall from the highest of 64,500 during the day, and the market was smashed in the early morning, with the lowest price being around 59,600. The situation in recent days is similar, rebounding during the day and smashing at night. The overall selling pressure comes from the US market.

However, from the market point of view, the cottage industry can hardly fall. For example, the exchange rate of Ethereum no longer follows the decline, but is relatively strong, which shows that the selling pressure of the entire market comes from Bitcoin. In the absence of negative news, it has fallen sharply for several consecutive days. Grayscale is the main force of this round of market smashing.

Let's review the market trend of ETF passing, from around 49,000 to 38,500.

The main force of the market smashing also comes from Grayscale, with a drop of 10,000 points. This round of decline has fallen from the highest of around 74,000 to around 59,600, with an overall decline of nearly 15,000. point, judging from the decline ratio, it is almost the same.

Under the condition that the fundamentals have not changed, this decline provides an opportunity for layout. Many altcoins have completely fallen to the price before the bull market. Spot can be boldly bought at the bottom. The halving is imminent. This year is also the year when the world economy begins to loosen its monetary policy. Seize the best opportunity in the currency circle. Now, all core coins are laid out at this position, including Bitcoin, Ethereum and some high-quality altcoins.

Wait patiently for the arrival of the bull market

On April 17, according to market data, the Solana on-chain mining project #ore token ORE broke through $400 and is now quoted at $425.7, a 24-hour increase of 334%.

As previously reported, on April 16, according to official news, the Solana on-chain mining project Ore announced that mining has been suspended in order to focus on the development of v2. There is no deadline for claiming rewards, and all existing Ore tokens can be upgraded to the new v2 version of the token at a 1:1 ratio.

#ETH（以太坊）
Suggestions for today’s operation ideas
The trend of Ethereum yesterday was consistent with the idea. The white market fell below 3000 and then quickly recovered. In the evening, it fell again without breaking the previous low, and then rebounded.
The market fluctuates little at the four-hour level, and the overall market is running stably above 3000. The bulls are gradually increasing the volume and the two lines are bonded with signs of a golden cross. In the short term, there is not much room for decline. It is mainly a sideways adjustment. There is no entry opportunity in the short term. It is recommended to wait and see.
From the daily perspective, if the positive line closes, a three-bottom structure will be formed. The market will have the demand for a rebound in consecutive positives. If the negative line closes, the MA120 moving average support will be tested again. From the current trend, the probability is unlikely to be biased towards a rebound. Continue to hold the currency in the long term.
The top suppresses 3130-3220, and the bottom supports 3000-2900.

#BTC🔥🔥🔥🔥🔥🔥
Suggestions for today’s operation ideas
The pie fell several times yesterday to the area around 61500 but never fell below. Then it stopped falling and rebounded, reaching the highest level of 64340 and being blocked.
The four-hour market fell again but did not break the previous low. As long as it holds the 6w mark, the market will fluctuate and rebound. In the short term, it will fluctuate in a range. The K line continues to be positive, and MA7 turns upward. If it can break through and stand firm at 64500, it will rise further.
On the daily line, although the negative K has closed, the short position has not continued. The volume can be reduced. In the short term, the decline has stopped and we should pay attention to the strength of the rebound. A big rise is impossible. Washing up will be frequent during the bottoming stage. In the long term, we will continue to hold the currency and wait and see. The overall idea remains Keep it unchanged and add positions
The top suppresses 64500-65800, and the bottom supports 63500-62500.

4-16 #BTC
Today, the price of Bitcoin is still highly volatile. It dropped to 62270 in the early morning and rebounded to 63900 in the day. The overall rebound was low and the short-term trend of the market was relatively weak. It then dropped to 61600 twice in the day and recovered quickly, indicating that there was demand near 61500 below, but the overall rebound was weak. There was no certain opportunity to enter the market on the left. It is currently running above 62000. It is necessary to pay attention to whether 62000 can hold up. If it falls below again, it is likely to reach a new low.

At present, the overall market has gradually turned from greed to panic. The source of panic comes from the geopolitical risks of Iran and Israel on the one hand. Iran and Israel do not want the situation to escalate. On the other hand, it comes from the pessimistic attitude of the Federal Reserve towards interest rate cuts. The overall impact on short-term sentiment is relatively large. In the medium term, this year will definitely enter a cycle of interest rate cuts, and interest rate cuts will come soon. The medium- and long-term direction will not change, but the uncertainty of the short-term market has led to few opportunities in the short term. It is the safest to deploy core coins in batches at low prices.
Currently 4 The hourly level has closed twice. If the US market does not cause trouble, then the short-term is expected to stabilize at 62,000, stop falling and then form a shock. Wait for the short-term news to be thoroughly digested. With the arrival of halving, the market is expected to improve. If it breaks below 61,600 again, the market will further test the support of 60,000. It is very difficult to buy the bottom in the counter-trend market, and the risk is very high. After stabilizing a certain support, the risk of entering the market on the right side is more controllable.
In terms of points, the upper short-term resistance is 64,000 and 67,300

The lower short-term support is 62,000 and 60,000
In terms of operation, operate around 62,000. If the US market does not fall below 62,000 and can form a shock above, you can try to enter the market. If it further drops below, pay attention to 61,500 and 60,500. If a rebound can be formed, you can try to buy the bottom with a light position

#ETH🔥🔥🔥
The strategy we gave was to stand firm at 3000 points and enter the market with the trend. Today, Ethereum started an independent market, rebounding from the lowest 2980 in the early morning, and the highest reached around 3280.
The rebound reached 10%. After the long positions in the market were liquidated, the difficulty of pulling the market was reduced. In the current market, Ethereum's wash was more thorough. Most funds in the counter-trend market chose to buy Bitcoin for risk hedging. The main force of Ethereum only needed less funds than Bitcoin to complete the pull-up. At present, all the losses of Ethereum over the weekend were recovered.

From the perspective of the impact of weekend geopolitics, the assets of the currency circle have almost no risk-averse properties. Even Bitcoin, the only safe-haven asset in terms of consensus is gold. The currency circle as a whole is still a speculative market. At the same time, it is manipulated by the main force, and the uncertainty is extremely high. We also repeatedly remind that the cottage layout can be spot. In this round of market, even if the cottage currency is 2X leverage, it will be easily harvested. It is more important to live long in this market than to make money quickly.

In terms of exchange rate, with the main force making the market today, leading Bitcoin by 3%, the exchange rate rebounded to 0.049, but it is not recommended to chase high easily. The current market volatility is still huge. Any disturbance will lead to a sharp drop. In the medium and long term, there is still a lot of room for Ethereum. Spot can be continuously deployed in batches. Wait until the exchange rate stabilizes at 0.05 before considering entering the market. At the current point, the short-term focus below is 3200 3100. The short-term resistance above continues to focus on 3300 3400. In terms of operation, pay attention to whether 3200 can form a 4-hour level of shock. If it can oscillate above 3200, you can try to enter the market. Pay attention to 3250-3280 for low-absorption below, and risk control below 3200.

#BTC
Entry strategy: You must wait until the price stabilizes at 65,000 before entering the market. If you enter the market early, the price will drop to 62,500 at 1 a.m., which will cause a lot of losses. This is also what we mentioned in the counter-trend market. Risk control is the first priority. Don't think about buying at the bottom, don't predict when the market will rise, just enter the market during the rise. The highest rebound during the day was around 67,000, and the maximum profit was close to 2,000 points. At present, the short-term trend began to fall back and ran around 66,000.

Looking back at this weekend, the price dropped from 67,000 to 60,000. At the end of the weekend, the price also returned to around 66,000. In the end, the price came back, but the position or chips disappeared. The risk of this market is huge, and the main force can easily complete the manipulation. The news only gives the main force an opportunity to harvest. Those who can survive this wave of market are all old leeks. The two pieces of news in this round of market crash are the Fed's postponement of the expectation of interest rate cut and Iran's attack on Israel. In essence, the impact on the economic cycle is not great. After digestion, the market will still move in the original direction.
From the daily level, it is still a wide range of fluctuations. The entire medium-term support is around 60,000. This round of decline also showed demand at the 60,000 point. Without effectively falling below 60,000, the trend has not changed.
At present, the entire high-level chip center is 67,300. The focus will be on the resistance of this point in the future. If it can break through with large volume, the probability of the market continuing is relatively high.
In terms of points, the upper short-term resistance focuses on 67,300 and 69,000
The lower short-term support focuses on 65,000 and 62,000
In terms of operation, it is operated around 65,000. If it does not break 65,000 after falling back, the 65,000-65,500 range is an opportunity for short-term entry. The opportunity for breakthrough focuses on 67,300. If it breaks through with large volume, you can follow the trend to chase more