April 16th Market Daily: BTC is oscillating at a high level, ETH is relatively more stable, and market sentiment continues to recover
Market Data
BTC 24-hour drop of 0.17%, intraday range 73514—75425. Overall, it remains above $74,000, showing support after a pullback, but there's still selling pressure above.
ETH 24-hour rise of 0.58%, intraday range 2308.5—2385.61. Compared to BTC, ETH is showing more stability this round, with short-term capital still favoring risk.
Technical Analysis
From the 4-hour chart, BTC RSI is around 59, and ETH RSI is around 60, indicating that while bullish sentiment is present, it’s not a blind acceleration into the market. In terms of MACD, both BTC and ETH are maintaining double lines above the zero axis, with positive histogram bars, and the trend hasn’t shown significant deterioration. However, the latest 4-hour candlestick shows a slight pullback, indicating a general lack of enthusiasm for chasing highs, and the market feels more like a strong oscillation rather than a one-sided surge.
Market Influences
The core of the market these past couple of days has been the easing of macro risk expectations, with decreased sensitivity to the Middle East situation. Overall, risk assets have shown some recovery, with the crypto sector and related US stocks experiencing a correlated upward trend. Additionally, some mainstream altcoin-related spot ETFs continue to see net inflows, indicating that outside capital isn’t pulling out significantly, and the sentiment is more stable compared to a few days ago. BNB has completed a new round of quarterly burns, providing some support to platform tokens, with increased attention on leading assets.
Key Levels and Responses
For BTC, the short-term support is at 73500; if it holds here repeatedly, there’s a chance to test the pressure near 75400. If it breaks through with volume, the strong range could open up further upward potential. If it drops below 73500, the short-term rhythm may weaken, and we should look at the support after a pullback.
For ETH, initial support is at 2300; if it stabilizes, there’s potential to test the pressure around 2385 later. If it breaks through with volume, capital might continue to concentrate on strong mainstream coins. If it loses the 2300 level, we need to watch out for deeper pullbacks in the short term.
In terms of trading strategy, the current position is more suited for waiting for confirmation rather than chasing emotional highs. For those already holding positions, focus on key levels; for those without positions, it's better to wait for a pullback or a second confirmation after a volume breakout.
Risk Disclaimer
The above content is for market information sharing only and does not constitute investment advice.
Why I am still continuing to pay attention to Pixels
For @Pixels I am no longer focusing on short-term heat.
Many chain games start off very hot; when activities happen and emotions run high, the amount of discussion skyrockets. But the real challenge is not building up the heat, but whether there are people who stick around afterward. Many projects face the problem that while discussions are lively outside, participation dwindles.
Pixels is currently still focused on daily design around farming, resources, tasks, and social aspects. This may not seem novel, but what really retains players are often these gameplay elements. If players have something to do every day when they log in, the project still has vitality; if only the tokens are being discussed and the game itself slowly loses players, it will become increasingly passive.
Recently re-watching @Pixels , I will pay more attention to whether it is still developing the blockchain game towards long-term operation. Many GameFi projects rely on airdrops and expectations to surge quickly in the early stages, but then slowly fade away. However, Pixels continues to design around resources, tasks, and social relationships. For $PIXEL , what truly matters is not the temporary price, but whether players have a continued reason to stay. If it can continue to refine consumption, output, and gameplay rhythm, I believe it still has room for development in the blockchain game track.
1️⃣ Today should be a rest day, generally there are no updates on weekends, we can look forward to any surprises next Friday.
2️⃣ The popularity hasn't dropped, the active user count is still 12.4w, slowly starting to gather people. Among PRL, EDGE, and BASED, the most stable one is PRL, while the other two don't seem as easy to farm right now.
3️⃣ In terms of operations, try to prepare according to 240 points, especially those who are missing a few points can complete the newly released tasks.
From Farming Games to Cross-Ecosystem Reward Layers: Why I Am Optimistic About Pixels' Stacked System
I found that the most impressive aspect of Stacked is that it addresses the two longstanding issues of player retention and rewards in Web3 games in a very pragmatic way, rather than relying on short-term airdrops or complex tasks to pull players in.
Pixels is a game that everyone knows, it's an open-world farming social experience on the Ronin chain. You can slowly farm, raise pets, decorate your land, join guilds, and play with friends; the overall feeling is relaxed and poetic, like living a slow life in a virtual world. But the problem with many previous play-to-earn projects was that players would invest heavily in the early stages, but quickly drop off later because the rewards were either too random or the economy was unhealthy. Stacked is the reward infrastructure built by the Pixels team based on four years of actual operational experience; it not only serves itself but is also open to other game studios.
I have recently studied Stacked of @Pixels in detail and feel that this system truly combines playing games and earning money in a very natural and intelligent way.
Pixels itself is like a relaxed version of a farming social game where you can farm, raise pets, and build guilds with friends, providing a strong sense of immersion. However, many play-to-earn projects have issues with their reward mechanisms being not smart enough, rigid tasks, and troublesome withdrawals, which can easily make players lose interest. Stacked, on the other hand, is an AI-based reward infrastructure that has been refined through four years of actual operation within the Pixels ecosystem. It deeply analyzes each player's behavior patterns, such as whether you prefer farming, dungeon diving, or participating in social activities, and then pushes personalized tasks and rewards at the right time. As a result, players are not mechanically completing tasks but are naturally receiving rewards according to their play styles, and can directly exchange rewards for $PIXEL or USDC withdrawals within Stacked, making the process very simple.
More importantly, Stacked has evolved from an internal tool within Pixels to a shared reward layer for the entire ecosystem. Currently, it connects multiple games such as the main Pixels game, Pixel Dungeons, Sleepagotchi, and Chubkins. The activity and rewards you accumulate in one game can be used across games, and $PIXEL has gradually transformed from a single game's currency into a cross-ecosystem reward asset and staking tool. The entire Pixels ecosystem has already achieved over 25 million dollars in revenue through Stacked and reached a scale of one million daily active users, which is very impressive data in the play-to-earn field.
Evening Market Report|BTC, ETH pull back, first see if the support can hold
This wave is not a direct turn weak, but more like a pullback digestion after the previous surge. BTC and ETH have both retreated from their intraday highs, but the 4-hour structure has not completely turned bearish yet, so don't rush to treat it as a one-sided decline; the key is still to see if the support level can hold.
Market Data
BTC is now around $73613, with a 24h drop of 1.16%, and the intraday range is between $73514 and $76038. ETH is now around $2314, with a 24h drop of 2.45%, and the intraday range is between $2303 and $2416.
From a strength perspective, the pullback on the ETH side is more evident, indicating that the selling pressure at high levels is heavier than BTC. Short-term funds are still present, but the willingness to chase higher prices has weakened.
Technical Analysis
The 4-hour RSI for BTC is around 55, still in the neutral to strong zone. The MACD histogram continues above the zero line, indicating that the bullish structure left by the previous upward move has not broken down, though momentum is slowing.
The 4-hour RSI for ETH is around 57, also still in the strong zone. The MACD histogram is similarly positive, but the strength is not very strong, indicating it still has a basis for recovery, but needs to digest the pullback first. If the support level cannot hold, the pullback in ETH may be deeper than that in BTC.
Hotspot Influences
The short-term market is still dominated by technical levels, with funds more concerned about whether there is a follow-up after the high-level pullback. When there are no new strong catalysts to push prices higher, it is easy for the price to fluctuate between support and resistance, so at this time, don't just look at the direction, but also consider the position.
Key Levels and Responses
For BTC, first look at the $73500 level below; if it can hold here, there will be opportunities to test $74200 later, and above that is around $76000 resistance. If it breaks below $73500, short-term protection should be in place for a pullback to around $72800.
For ETH, first look at the $2300 threshold below; if it holds, there is a chance to look back at $2360, with stronger resistance still around $2415. If $2300 is lost, first look at the $2260 area for support.
In terms of operations, I will be a bit cautious. This position is not suitable for emotional chasing of orders; it is more appropriate to wait for confirmation of support before looking for buying opportunities. For those already holding positions, keep an eye on key levels for protection; for those without positions, it’s better to wait a bit.
Do you think it will stabilize and then rebound here, or will it go down a bit more?
The above is just a sharing of opinions and does not constitute investment advice.
1️⃣ Yesterday's 235 was actually a blind box, featuring ANOME, VELO, and POWER, with a guaranteed minimum of around 30. To attract everyone, a surprise mechanism was added, drawing a lucky winner for 100. I can only say they really know how to have fun.
2️⃣ The number of active users yesterday was 11.96w, and people are slowly starting to increase. PRL, EDGE, and BASED are the more popular choices.
3️⃣ Although it dropped to 235 this time, we can see that the number of participants is increasing; it's better to prepare for a score line above 240.
What I'm playing is not a chain game, it's ecology
In the past few days, while casually browsing community content, I discovered a very realistic situation: many projects seem very impressive when the market is hot, but there are actually not many that can make people willing to continue following them after a few weeks or months. Because of this, I have recently been more willing to seriously look at the dynamics of @Pixels . It gives me the feeling that it is not just a heated game project, but is slowly connecting game experience, asset consumption, user behavior, and ecological expansion into a more complete value structure. Many people see $PIXEL and their first reaction is still about the rise and fall of the tokens, but if you only focus on the price, it is actually very easy to underestimate where Pixels truly has its competitiveness.
In the past few days, while browsing social media, I've been thinking about what a blockchain gaming project needs to achieve to not just be a simple game, but to truly have long-term value. Looking back at @Pixels , I believe its real strength lies not just in making pixel farming easy and accessible, but in gradually connecting user retention, social relationships, task systems, and on-chain assets into a complete cycle. Many projects only focus on issuing tokens and short-term popularity, but Pixels feels more like it's building a sustainable gaming economic system: players have a low entry experience, reasons for long-term participation, and spaces for identity and collaboration around the ecosystem. From this perspective, the value of $PIXEL is not just in price fluctuations, but in whether it can support an increasing number of genuinely active users and more stable ecological demands.
April 14 Market Daily Report|Bitcoin Approaches Previous Highs, Ethereum Stronger This round of rebound has been stronger than expected, with BTC already close to the $75,000 mark and ETH also pushing around $2,390. The market has clearly turned stronger, but the 4-hour rhythm has gradually shifted from repair to overheating, making it less comfortable to chase highs. In market data, BTC is currently around $74,740, with a 24h increase of 5.71%, and an intraday range of $70,678-$74,924. ETH is currently around $2,391, with a 24h increase of 9.26%, and an intraday range of $2,175-$2,396. Mainstream coins have risen together this time, but ETH's elasticity is greater, indicating a rebound in risk appetite for funds. From a technical perspective, BTC's 4-hour RSI has reached around 71, and MACD continues to expand, with bullish momentum still present, but it also indicates that the short-term is not at a low point. ETH's 4-hour RSI is close to 74, and MACD also maintains an upward trend; it is indeed strong, but if it goes higher without new volume, it is likely to experience a period of high-level fluctuations first. On the hot topics side, market sentiment is warming, and a straightforward point is that there are signs of recovery in buying in the US market, which is a positive feedback for BTC. On the other hand, disturbances from geopolitical and regulatory aspects have not completely retreated; if external news changes, short-term fluctuations will still be large, so it feels more like a tug-of-war amidst strength right now. At key levels, BTC first looks to see if it can hold above $74,000; if it holds, then look for continuation above $75,000; if it falls back below $74,000, caution is needed as it could test around $73,000. ETH first looks to see if it can hold around $2,350; if it does, there’s a chance to continue testing higher; if it falls back below $2,350, the short-term probability is likely to return to around $2,300 for consolidation. My response remains the same: for those who already have positions, preserve profits first; for those who haven't entered, don’t go all-in at the peak of sentiment; waiting for a pullback confirmation will be steadier. The above is just a sharing of opinions and does not constitute investment advice. Do you think this round will continue to surge directly, or will it pull back first? Technical summary: BTC is still dominated by bulls in the 4-hour timeframe, but the short-term is already overheated, first looking at the $74,000 support. ETH is stronger than BTC, the trend is not bad, but it is prone to fluctuations around $2,400. If the volume at high levels is insufficient, the probability of first oscillating and then choosing a direction will be higher.
April 13 afternoon market daily report|The pullback is not over yet, let's first see if the key levels can hold
The market is a bit awkward right now. The funding situation is not as bad as the previous days, but risk appetite is still pressured by external news, so BTC and ETH are both in a pullback range, and it's not quite a strong unilateral recovery yet.
BTC is around $70820, with a 24h drop of 1.27%, and the intraday range is between $70506 and $71806. ETH is around $2188, with a 24h drop of 1.47%, and the intraday range is between $2175 and $2220. Both sides are still close to the intraday lows, indicating that short-term buying support is not strong, and the market seems to be waiting for a new direction confirmation.
On the news front, the market is not completely without support. On one hand, ETF funds show signs of recovery, providing a bottom for the market; on the other hand, the uncertainty related to the Middle East is still fluctuating, and macro sentiment has not fully relaxed, so emotional recovery and risk aversion are both present. The biggest fear at this stage is not the lack of opportunities, but misjudging a little rebound as a reversal.
In terms of operation, first look to see if BTC can hold the $70500 area; if it breaks below, $70000 will become the next important observation point; on the upside, first look at $71800-$72000, if it can stand back above, the short-term recovery will look more decent. For ETH, first look at $2175 below, if it fails to hold, then watch around $2150; on the upside, first look at $2220, and then look at $2250 above that. This position is more suitable for waiting for confirmation and not for heavy positions.
Are you currently more inclined to wait for BTC to stand back above $72000, or are you going to try a small position here first?
Technical summary: BTC 4-hour RSI is about 43, already back to the weak zone, indicating insufficient recovery strength. ETH 4-hour RSI is about 46, slightly better than BTC, but still not back to the strong zone. Both sides' 4-hour MACD bars are still on the bearish side, so for the short term, we should look at a weak oscillation.
The above is only a sharing of views and does not constitute investment advice.
April 13th alpha news 1️⃣ GENIUS will be available for collection tonight at 19:00. Points and quantity have not yet been released, expected to be 241 points. 2️⃣ The current number of active users is 103,000. Currently, the three stable points are PRL, EDGE, and BASED. 3️⃣ This month's threshold should be between 240-243, and in recent times, it has basically not gone beyond this range. #alpha
Market Daily | BTC, ETH pull back, key levels still under test
This wave is not a direct turn to bearish, but more like a pullback confirmation after a rise. The market is a bit weak, but it hasn't completely lost ground; let's first see if the key levels can hold.
BTC is currently around $71,600, with a 24h drop of 1.66%, in a range of $71,310 - $73,790. ETH is currently around $2,215, with a 24h drop of 1.20%, in a range of $2,207 - $2,329. Both have pulled back from their highs, but the lows have not been broken yet, so the short-term remains weak and choppy, not a one-sided market.
From a technical perspective, BTC's 4-hour RSI is around 48, having returned to a neutral to weak zone, and the MACD histogram continues below the zero line, indicating that the short-term selling pressure has not been fully cleared. ETH's 4-hour RSI is around 50, and the MACD has also weakened, indicating that this pullback is still ongoing, and the momentum above $2,300 has not resumed for now.
In terms of hotspots, the market is still trading back and forth regarding the changes in the Middle East situation. On one side, there are easing expectations, while on the other side, there are concerns that if the conflict drags on, it will put renewed pressure on inflation and interest rate expectations. Therefore, risk appetite has not fully improved, and the rebound in cryptocurrency prices has not been smooth.
Key levels to watch are BTC's $71,300 and ETH's $2,200. If BTC can return above $72,500, then watch for resistance near $73,000; if ETH can recover to $2,260, then watch for the $2,300 line. Conversely, if BTC breaks below $71,300 or ETH breaks below $2,200, it may be more prudent to control positions.
Will you continue to wait, or will you enter a small position now?
Technical summary: BTC is weak in the short term, first watch the support at $71,300, and it will improve only if it returns above $72,500. ETH is also in a pullback, watching if it will break below $2,200. The above is merely a viewpoint sharing and does not constitute investment advice.
April 12th alpha news 1. There is food again, brothers with a score above 240 can pay attention to the news, the specific score and time for GENIUS have not been released yet. 2. The number of active users is still around 98,000, the pace has been okay these days, and it is expected that the number of big meat users will come back. UP is no longer at 4 times, now PRL, EDGE, and BASED are relatively stable. 3. In terms of operation, I will first hold the score at 240, currently there are many people brushing PRL, I will choose to operate when the fluctuations are small. #alpha
April 11 Market Daily Report|BTC holds above 72,000, ETH follows suit, but in the short term, it is still wavering
Market Data
The market is not weak, but it is not particularly strong either. BTC is still standing above $72,000, and ETH has rebounded as well, but both sides have reached a position that is prone to fluctuations.
BTC is currently around $72,743, with a 24h increase of 1.47%, and the intraday range is between $71,500 and $73,434. ETH is currently around $2,234, with a 24h increase of 2.13%, and the intraday range is between $2,181 and $2,257.
Technical Analysis
For BTC, the 4-hour RSI is at 65.63, which is close to the strong zone, but the MACD histogram is still negative, indicating that the upward trend is ongoing, but the momentum is starting to slow down. It now resembles a reconfirmation after a high-level fluctuation, and if it wants to continue upward, we first need to see if it can stabilize above 73,400.
For ETH, the 4-hour RSI is at 60.64, which is somewhat stronger than before, but the MACD histogram is also still negative, indicating that the repair has begun, but the explosive potential has not fully emerged. In the short term, we are looking at the range of 2,250 to 2,260; if it breaks through, market sentiment will improve; if it doesn’t, it will still need to grind back and forth.
Hotspot Impact
The capital side still has some support. Bitcoin spot ETFs continue to maintain net inflows, while Ethereum spot ETFs recorded a net inflow of $64,949,000, indicating that large funds have not clearly turned bearish and are at least still in the market.
On the other hand, institutions continue to expand the range of assets they focus on, indicating that market interest in the crypto space has not diminished, but the main line has not yet fully shifted to altcoins. For BTC and ETH, this feels more like a sentiment support rather than an immediate acceleration signal.
Key Levels and Responses
For BTC, the short-term support is first at 72,000, with strong support around 71,500, and the upper level is initially at 73,400, and if it passes, then look at 74,000. For ETH, the lower levels are first at 2,200 and 2,180, with the upper level initially at 2,260, and further up is 2,300.
In terms of strategy, I would prefer to wait for confirmation. If BTC stabilizes above 73,400, we can continue to look for highs; if it falls back below 72,000, then we should control our positions. The same goes for ETH; we first need to see if it can break above 2,260; if not, don’t rush to chase.
Do you think this wave will break through first, or will it pull back for a step?
The above is only market observation and does not constitute investment advice.
April 11 Alpha Briefing 1️⃣ Generally, there is no news over the weekend. Yesterday's blind box had AOP, CLO, and REKT, all mostly below 30, with a passing score of 240. The good news is that the threshold has temporarily started to decline. 2️⃣ The number of participants hasn't really caught up; currently, the active count is only at 44,500, whereas yesterday it was 91,000, and the day before it was 126,000. Currently, UP, PRL, and EDGE seem to be relatively reliable. 3️⃣ I still consider 240-242 as a safe zone. UP's quadruple is about to expire, so special attention is needed. #alpha
Market Daily | The rebound is still on, but high positions are starting to pull back
First, the conclusion: the rebound of mainstream currencies is not completely broken yet, but divergences have already emerged above. Prices are still rising, but the higher it goes, the more it is prone to back-and-forth fluctuations, making it uncomfortable to chase highs.
Market Data
BTC is currently around $71832, with a 24h increase of 1.16%, and the range is between $70532 and $73130. ETH is around $2187, with a 24h increase of 0.15%, and the range is between $2157 and $2246.
In terms of rhythm, BTC is relatively stable, ETH is keeping up, but the strength is not as strong as before. The market looks more like a consolidation after a surge, rather than a mindless one-sided move.
Technical Analysis
BTC's 4-hour RSI is at 64.18, which is already on the strong side, but it hasn’t reached an exaggerated position yet. MACD is still above the zero line, but the histogram has weakened, indicating that after this surge, the bullish momentum is slowing down, which is more normal to digest first.
ETH's 4-hour RSI is at 54.59, still neutral to strong. The MACD histogram is also retreating, indicating that it is still recovering in the short term, but the strength is slightly weaker than BTC. If it wants to continue moving upwards, it needs to stabilize around 2200 first.
Hotspot Effects
On the news side, spot ETFs continue to have net inflows, which still supports the sentiment for mainstream currencies. On the other hand, the concentration of options expiration and large short positions have made the pressure at high positions even more real, so the market is more likely to show back-and-forth movements after rising.
Additionally, expectations related to stablecoins and the strengthening of Hong Kong stock crypto concepts are also providing some risk appetite recovery for the market. However, it hasn't been strong enough to completely eliminate divergences yet, so it looks more like a watch-and-wait situation.
Key Levels and Response
BTC is first looking at around $71000. If it holds, it can continue to look at around $72000 and $73100. If it falls back below $71000, then it’s first looking at around $70500 for support, and it’s best not to chase at high positions.
ETH is first looking at around $2160. If it stabilizes, then it can look at $2200 and $2245. If it can’t reclaim 2200, then it’s still leaning towards oscillation in the short term. It’s more suitable to wait for a pullback confirmation and then consider entering in batches.
Which one do you prefer more, BTC or ETH?
The above is merely a sharing of viewpoints and does not constitute investment advice.
April 10th alpha report 1️⃣ Did everyone enjoy SOON yesterday? The score line is still stuck at 242. Don't be discouraged if you missed it; maybe the next one will be even better. 2️⃣ The number of active users yesterday was still 126,000, while the day before was 133,000. It seems that quite a few people took a break after eating yesterday. Currently, UP, PRL, and EDGE are relatively easy to farm. 3️⃣ In terms of operations, I will prepare based on 243 first; remember to add a bit of defense to prevent ambushes. UP has 2 days left for 4x, so be careful. #alpha
Market Analysis|Bitcoin hovers around 70,000, don’t rush to buy altcoins yet
To begin with the conclusion, this looks more like a second confirmation after a peak and drop, not a direct weakening, but it's far from a time to chase blindly. BTC is still holding above 70,000 USD, indicating that the bulls are not dispersed; ETH has pulled back more deeply, suggesting that the market is currently still watching Bitcoin's movements, and altcoins haven't regained their rhythm.
As of the time of writing, BTC is around 70,976 USD, with a 24h decline of 0.96%, and a daily range of 70,466-72,857 USD. ETH is around 2,179 USD, with a daily range of 2,160-2,269 USD. The most frustrating aspect of the market is this: it has surged above, but cannot hold; there are supports below, but the rebounds are not strong enough. In simple terms, there are still opportunities, but the rhythm can easily throw people off.
On the emotional level, it’s not purely bearish. The net inflow of spot ETFs is still continuing, and there's a hint of marginal warming in external regulatory tones, so this wave more resembles high-level funds re-pricing risks rather than directly kicking the trend off course. However, funds are now clearly more cautious, willing to enter, but not willing to chase with closed eyes.
Operationally, focus on key levels. If BTC can re-establish itself above 71,500-71,800 USD, there’s still a chance to reach around 72,850 USD; but if it effectively breaks below 70,000 USD again, watch the area around 70,400 USD, if it can't hold, be prepared for a deeper pullback. For ETH, first see if it can hold above 2,160 USD; if it really wants to turn around comfortably, at least it must re-establish itself above 2,200-2,230 USD, otherwise, it’s likely to remain in a weak oscillating pattern.
Technical Summary BTC's 4-hour RSI(14) is around 62.6, indicating that the strong structure hasn’t completely broken, but it’s also not a particularly comfortable low entry zone. MACD is still above the zero line, with DIF at 886.7 and DEA at 842.1, the histogram remains positive, indicating that trend inertia is still there, but the latest 4-hour candlestick has already weakened, and the bullish momentum is slowing down a bit. Simply put, as long as 70,000 USD is not lost, the market remains oscillating towards strength; if it truly breaks, don’t treat every rebound as a reversal.
Market Expansion Summary The funding rate for ETH contracts is still slightly positive, with a position size around 1.71 billion USD, indicating that the market hasn't completely turned bearish, but the bulls are not particularly relaxed either. Coupled with the ongoing inflow of spot ETF funds, it looks more like a high-level digestion of volatility in the short term, rather than a complete emotional collapse. The above is just a viewpoint sharing and does not constitute investment advice.