CryptoExplorers says
60,000 should be the last main base of the Air Force. Once this position breaks through, then 70,000 or even 80,000 will become inevitable. At present, there are a large number of stable currency ammunition in the exchange. These slogans may increase the price of the currency at any time. Fuel. After Bitcoin is close to 60,000 today, we can still see a certain supply in the market. The market needs some time to digest them. If it can shrink back to around 50,000 (the market may not give it), it will probably be good. Opportunity to get on the bus.
Yesterday evening, Paypal launched a cryptocurrency settlement service, allowing U.S. consumers to use their cryptocurrency to pay millions of merchants, and it will open to 29 million merchants in the next few months, and the company does not charge any cryptocurrency. Transaction fees can be seamlessly used by everyone through the debit card or credit card in the Paypal wallet. This news triggered a surge. I remember that the main rise in the market at the end of last year was triggered after Paypal supported cryptocurrencies. This time it actually fulfilled the previous expectations, so it will not have a sustained upward impact on the currency price like last year. . The 60-year-old Paypal CEO also bought a pair of shoes through a new payment method, saying, "This is cool!" Haha, Laomei is very interesting. The new payment era has come silently. Thinking about the domestic regulatory authorities, it is a bit of a headache for them.
Institutional investors already hold 4.3% of the supply of Bitcoin, of which Grayscale accounts for 82%, which is still far ahead. These institutional investors are the determined longs of Bitcoin, and if Bitcoin wants to have further skyrocketing, it needs more Many such "lock-up investors". From the recent market perspective, these funds are in a stage of declining growth.
75% of the circulating bitcoins last traded at a price of less than 10,800, which means that a large number of super profitables are in this market. This is one of the biggest obstacles to the rise of the currency price. Some people plan to sell 60,000, while others plan 80,000 or 100,000. There will be a large number of profit orders at each round mark, and the takeover order at that time will become the currency price. The underlying factors of whether it can stand firm. This is also the reason why CryptoExplorers think it is very difficult to exceed $100,000 this year, because most people's take profit anchor price is between 50,000 and 100,000.
Tether announced its asset audit report. The total assets are US$35.3 billion and liabilities are US$35.2 billion, of which 35.1 billion is related to the issuance of stablecoins. This basically shows that Tether is fully mortgaged, which means that a run will never happen. appear. The madman is still a little bit hesitant about this British audit company's report. After all, he suspected that he hadn't given an answer after printing money for a few years. But it doesn't matter. USDT is still in an absolute position in the currency circle. It is reasonable and reasonable that it will not thunder in a bull market.
Canada Post will use Bitcoin to pay employees' salaries due to changes in monetary policy and financial environment. This kind of madness of foreigners is really much fiercer than us. They have used Bitcoin as a currency standard. Kraken CEO even believes that by the end of this year, 1BTC will be worth a Lamborghini.
General Motors considers accepting Bitcoin as a payment. Bitcoin is most suitable for high-value payments of such multinational companies. For example, buying a house or a car to buy luxury goods, using Bitcoin could not be more appropriate.
The CEO of Meitu said that the amount of investment in cryptocurrency accounts for 13% of the company, and fluctuations will not have much impact on the company. This is really not a pain in the back. In the bull market, a callback is 30-40%, 13% will also fluctuate by 5%, and in a bear market, a callback is 80-90%. Meitu's gameplay is a bit radical.
The Fed Barking stated that it has not heard any convincing use cases of Bitcoin. Most Fed officials are still not very optimistic about Bitcoin, which also creates hidden dangers for the future.
Option traders bet that Bitcoin will stand at $80,000 at the end of April. The CryptoExplorers just looked at Deribit's options at the end of April. The amount is not too large and the impact is limited. The biggest pain point is currently 52,000. The higher the price of the bettor, The less likely it is for option sellers to achieve, so the probability of reaching 80,000 at the end of April is very low.
South Korean investors between the ages of 20-30 account for 60%. CryptoExplorers have just looked at their backstage. The 26-35-year-old accounted for 54%. The ratio feels similar. This is the potential of the crypto industry, because people at this age are still in their careers. During the rising period, even if the number of people does not increase, the amount of funds will grow, and the crypto world will grow faster.
Market analysis
Bitcoin:
The intraday trend of this position is difficult to judge. The CryptoExplorers believes that the power of the shorts is still relatively large, so the view will be a little bit bearish. In any case, the probability of breaking through 61800 in April is increasing. If the consolidation time is not enough, pull directly upwards, it is likely that the continuity will be very limited. If you step back again, it will be healthier. How to go depends on the market choice. At present, it is still recommended to watch the show in half position. Decrease, and fall back, consider adding some positions. It is difficult to see skyrocketing and plummeting at this position.
ETH:
Linked with Bitcoin, there is no market of its own.
DOT:
Large orders appear frequently, and the current holding of 200 million yuan shows that there is funds to protect the price of the currency. As long as the orders are not withdrawn, we will continue to see the market as box shocks.
XRP:
0.52 does not fall below the hold, falls below the stop loss.
LINK:
The walk is still not strong, and the shock is the main thing.
ADA:
Today this root did not go well, so lighten up.
TRX:
Someone asked me why I am always optimistic about the rubbish coin TRON recently because it has short-term speculative value. Except for a few fixed items to be analyzed, most people say they have opportunities in the near future, and those who buy can still be held.
XMR:
Today’s bottoming and rebound is very strong, and it seems that we are going to challenge the previous high again. The currency is moving slowly, but it is relatively stable.
FIL:
It can be reduced by another wave, and the rest will continue to wait for the rise to gradually reduce. This wave of storage is really a speculation, and I don't know when it will peak suddenly.
SUSHI:
I started to go down with UNI, and the unlock expectation was too clear.
Today, most of the small currencies have fallen, and the big pie is clearly showing a strong trend. Some currencies that have skyrocketed will gradually fall into pockets.
That's it for today, see you tomorrow.
