$MEGA is live, let's talk about some risk warnings.
20% of the supply will be unlocked directly after TGE, approximately 2 billion tokens, putting significant sell pressure on NFT holders.
Although the TVL has doubled in the short term, the L2 space is turning into a red sea, and the depth of ecological dApps is still quite limited. If bridging and DEX volumes can't keep up, it's easy to see a pump and dump scenario.
The Fed has been busy all night, and here comes the key market move for $BTC !
Looking at the technicals: the 12-hour EMA52 is now the core support level, a pivotal point for bulls and bears.
As long as we hold around the 74800 zone, the bullish structure remains intact, giving us a solid foundation for a potential rebound and bullish sentiment.
However, if we break below this level effectively, the short-term bullish trend will likely come to an end, and we could be heading for a deeper correction. After a breakdown, we might see a short-term pullback to the three-day moving average, overall leaning bearish.
The market is quite sensitive right now, so don’t chase or stubbornly hold at this position. Keep a close eye on the 74800-74900 key range before making any decisions.
#Powell's Farewell Press Conference: Two Key Takeaways!\n \n1️⃣ Not Leaving: After stepping down as chair, he'll stay on as a board member until 2028, pushing back against external interference to maintain the Fed's independence.\n\n2️⃣ No Rate Hikes: Rates are near neutral, and there are no plans for hikes, but inflation pressures remain, so don't expect cuts anytime soon.\n\nMarket Sentiment: No need to panic in the short term, but for those looking for a big pump, you'll have to wait! Shortly after, $BTC quickly bounced from the bottom of 74937 to around 75500.\n#BTC跌破$77K
Gold continues to dip intra-day, confirming yesterday's breakout judgment.
The key support level has been completely breached, and the bearish trend is undeniable. The only direction from here is towards the weekly support level.
Continue to hold long positions as before; the strategy remains to short on rallies, targeting 4165—no selling until we hit it.
In the face of a trend, every bounce is just an opportunity for the bears. $XAU $XAUT
分析师 Young
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Gold has broken the three-day support, indicating a complete short-term weakness.
Looking down, we see weekly support at 4165.
The next strategy is super simple: short on any rebound until we hit the weekly support.
Those who understand this will profit!! $XAU {future}(XAUUSDT)
The resistance level at 77146 that I mentioned this morning has now been strongly broken by the bulls, with the 2-hour EMA52 support currently being tested above.
⚠️ If we don't see a valid drop below 77146 on the pullback, it indicates that the breakout is valid, confirming the continuation of the bounce, and we can look for higher levels ahead.
This is very crucial; if we can't hold the bullish trend, things could get pretty grim.
分析师 Young
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Did you notice? This bounce at $BTC is perfectly riding the support line.
Last night, after testing the critical support at the 8-hour EMA52 around 75600, today during the Asian session, we fully recovered to the vicinity of 76500, and the stabilization signal looks solid.
Next, keep a close eye on the upper resistance at 77146; that's the key level for today:
We've already got some low-position long trades that can take profits in batches here, so let's lock in those gains.
Only if we effectively hold above this level will the sustainability of the bounce be confirmed.
Trading requires constant validation; don’t make baseless predictions.
⚠️ Important Reminder: On April 30th at 2:00 AM, the Fed will drop the #FOMC interest rate decision; at 2:30, Powell will hold a press conference.
Currently, the general expectation is that there won't be any rate hike or cut at this meeting, which will be Powell's last as Fed Chair before his term ends.
Many are already starting to place bets on his successor, Kevin Warsh, leaning towards dovish tendencies, believing that a rate cut could be back on the table in June or September, but I’m quite skeptical about that.
While the interest rate policy itself is unlikely to cause any waves, the political subtext of this meeting could influence the crypto market over the next six months! $BTC
Did you notice? This bounce at $BTC is perfectly riding the support line.
Last night, after testing the critical support at the 8-hour EMA52 around 75600, today during the Asian session, we fully recovered to the vicinity of 76500, and the stabilization signal looks solid.
Next, keep a close eye on the upper resistance at 77146; that's the key level for today:
We've already got some low-position long trades that can take profits in batches here, so let's lock in those gains.
Only if we effectively hold above this level will the sustainability of the bounce be confirmed.
Trading requires constant validation; don’t make baseless predictions.
The previously anticipated pullback has now perfectly retraced to around 75500, with a recent low hitting the 75600 mark, aligning right at the key support level of the 8-hour EMA52.
Key points to watch next:
1. If this support holds and consolidates here, we could see a bounce back, retesting the overhead resistance.
2. If the support fails, the next strong support level is looking at the 12-hour EMA52 resistance at 74300, which would open up further room for a pullback.
Currently, it's a fierce battle between bulls and bears, and the effectiveness of this support is the core variable for short-term market moves.
Just because he called OpenAI CEO Altman "Scam Altman," the $SCAM on the Solana chain skyrocketed.
Within 8 hours of launching, it shot up to a $15 million market cap, surging over 290 times in a day, with early players raking in 50,000 times their investment.
This legal battle and public feud between Musk and Altman have pushed the hype for $SCAM to its peak.
In the end, the meme flow is still driven by Musk!
Last night it dipped down to around 76500, and this morning during the Asian session it bounced back to 77400+—this level has been a key resistance point we've mentioned repeatedly, but it couldn't hold for long.
Then, with the US market closing and the A-shares opening weakly, $BTC followed suit and retraced.
It couldn't quickly reclaim the area above 77400, so we'll stick to our previous analysis regarding this critical level👇
分析师 Young
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The bulls were just about to touch 80k, peaking at 79,400, just a hair away from the target.
But then, at noon, a bearish candlestick flipped the market, creating a hard resistance level, and we couldn't recover afterwards.
Just now, $BTC has completely broken below the crucial 3-hour support at 77,400. If we can't bounce back quickly,
we need to keep an eye on a potential pullback, initially looking at the 75,500 to 74,300 range.
A potential industry risk turned into a testament to DeFi's growth.
rsETH bad debts + Arbitrum ETH freezes almost escalated into a systemic liquidity crisis.
In response, "DeFi United" took action:
Top players like Circle, Avalanche, Compound, and Renzo, along with individuals like Stani and Justin Sun, directly dumped over 130,000 $ETH (around $300 million) to quickly fill the gap and support the market.
Just asking those still shorting $ETH , $AAVE , are you feeling the heat now? $ETH