🚀 Over the past 24 hours, the crypto market has seen a slight uptick of 0.5%, but overall it's still on a downward trend, continuing the recent consolidation phase. The crypto market is highly volatile, so keep an eye on risk management.


1. Main reason: The Fed is meeting tonight to decide on interest rates, and with Powell's speech, this could be his last as chairman. There's concern that inflation won't be contained, keeping rates high, and hopes for rate cuts are dashed, prompting early exits to mitigate risk.


2. Secondary reason: Due to rising tensions, oil prices have surged above $104 a barrel, heightening global inflation fears, causing money to flee from high-risk assets like Bitcoin.


3. Short-term Market Outlook: Bitcoin has attempted to break through 78k and 79k several times without holding, getting slammed down at highs, triggering stop losses and liquidation events. The overall trend is leaning towards consolidation; a rebound may occur later, but volatility is expected. The key will be today’s (April 29) Federal Reserve meeting results and Powell's comments.


💥 Liquidation Alert:


In the past 24 hours, a total of 75,558 liquidation events occurred across the network, totaling $228 million, with long liquidations at $117 million and short liquidations at $111 million.


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📊 Major Coins Performance:


1. Bitcoin (BTC): Price around 77292, up 0.43% in 24 hours.


Bitcoin is looking at 76500 today; as long as it doesn't drop below that on pullback, the 1-2 hour level remains bullish, continuing up to 78250, 79450, and 81500 before considering shorts.


If the 1-2 hour level breaks below 76500, the market will start to weaken. Watch 75000, 73560, and 72300 below before considering long positions.


2. Ethereum (ETH): Price around 2329, up 1.80% in 24 hours.


Ethereum is watching 2300 today; as long as it doesn't drop below that on pullback, the 1-2 hour level remains strong, continuing up to 2340, 2370, and 2400 before considering shorts.


If the 1-2 hour level breaks below 2300, the market will weaken. Watch 2260, 2215, and 2175 below before considering long positions.


3. BNB: Price around 627, up 0.41% in 24 hours.


BNB is looking at 624 today; as long as it doesn't drop below that on pullback, the 4-hour chart will rebound, moving up to 632, 640, and 655 before considering shorts.


If the 4-hour level breaks below 624, the market will weaken. Watch 616, 605, and 591 below before considering long positions.


4. SOL: Price around 84, up 0.72% in 24 hours.


SOL is looking at 84 today; as long as it doesn't drop below that on pullback, the 4-hour level will rebound, moving up to 85, 87, and 89 before considering shorts.


If the 4-hour level breaks below 84, the market will weaken. Watch 83, 81, and 79 below before considering long positions.


🌡️ Market Sentiment:


Today, the total market cap of cryptocurrencies is about $2.66 trillion, with a total trading volume of around $120 billion in the last 24 hours.


Current market sentiment is at 42 (neutral). The sentiment is quite mixed, neither optimistic nor panic; it's swaying in between. The greed index has shifted from 'Greed' to 'Neutral', as everyone awaits the Fed's direction while also trimming leverage. The focus is on whether Bitcoin can hold 75k—if it does, there's potential; if it breaks, sentiment could shift to fear.


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Today's Crypto Gain/Loss Ranking 🔥


📈 Top 3 Gains:


1. NOM: Price $0.00343, up 33% in 24 hours.


2. BIO: Price $0.0339, up 22% in 24 hours.


3. API3: Price $0.4070, up 22% in 24 hours.


📉 Top 3 Declines:


1. ZBT: Price $0.1735, down 23% in 24 hours.


2. DEXE: Price $12.729, down 12% in 24 hours.


3. TURTLE: Price $0.0519, down 10% in 24 hours.


✨ Other Major Coin Performances:


Dogecoin (DOGE): Price $0.10229, up 2.11% in the hour.


Tron (TRX): Price $0.3224, down 0.59% in 24 hours.


Cardano (ADA): Price $0.2500, up 0.77% in 24 hours.


Hyperliquid (HYPE): Price $40.774, up 0.63% in 24 hours.


Avalanche (AVAX): Price $9.35, up 1.19% in 24 hours.


Stellar (XLM): Price $0.1634, down 1.09% in 24 hours.


Sui (SUI): Price $0.9333, down 0.11% in 24 hours.


Chainlink (LINK): Price $9.37, up 0.86% in 24 hours.


Hedera (HBAR): Price $0.09034, up 1.20% in 24 hours.


Bitcoin Cash (BCH): Price $454.1, up 1.38% in 24 hours.


Shiba Inu (SHIB): Price $0.00000621, up 0.16% in 24 hours.


Litecoin (LTC): Price $55.95, up 1.08% in 24 hours.


Pepe Hiba Inu (PEPE): Price $0.00000392, up 0.51% in 24 hours.


Toncoin (TON): Price $1.308, up 0.15% in 24 hours.