Hello to all my Binance family❤️❤️❤️ as i predicted yesterday and also in the morning that $WCT will hit 1$ today and now look its break through the record yesterday it was 0.6$ when i tell all of you to buy and hold for one day to gain massive profits i show you my portfolio i also buy 2000 $WCT coins yesterday at the prof 0.6$ and now look at the profit we all make whoever invest in this after reading my post congratulations to all ,🥳🥳🥳 click here and invest now you still have time buy as much as you can and see the profit in one day click here👇🏻 $WCT {future}(WCTUSDT)
Bitcoin (BTC): After reaching a new high in the weekly chart, it closed with a small bullish candle, indicating the bullish trend remains unchanged. The daily chart experienced three consecutive bearish candles due to tariff impacts, but rebounded after Trump changed his stance, not breaking the blue trend line. The 4-hour chart shows stagnation in growth, with short-term support at $108,000 and resistance at $110,500-$111,500. Hold coins for mid to long-term gains and add positions on pullbacks.
Ethereum (ETH): The weekly chart tested the 2700 point with a double peak, moving averages have golden crosses, but there are gaps that need to be filled. The daily chart rebounded after three consecutive bearish candles but is under pressure from the 7-day and 14-day moving averages. The 4-hour chart shows a volume contraction with rising prices, indicating clear resistance. Short-term support is at $2520-$2480 and resistance at $2580; if it breaks through, consider shorting at $2630-$2680. Looking forward to technological upgrades in the mid to long term, hold or increase positions.
Altcoins: Impacted by Trump's trade policy and FTX compensation, the market is under pressure. Last Friday, risk control measures were implemented for spot altcoins, and we are now in a wait-and-see mode for buying opportunities at the beginning of June. Focus on L2, modular, and Ethereum staking sectors.
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Ethereum Aims for $3,000, What Factors Will Determine Its Fate?
Ethereum's daily increase reached 5.63%, returning to above $2,500. The current market is influenced by multiple factors that will determine whether it can challenge the $3,000 mark.
In terms of capital flow, traditional investors are selling ETH for profit, with a net outflow of $10.83 million from spot ETH ETFs in the last 24 hours, but institutional investors have become the main force driving the increase. If the net flow of spot ETH ETFs turns positive, the upward momentum will be stronger.
On the supply and demand side, the reserves of ETH on exchanges have dropped to 19.1 million, reducing selling pressure, while strong demand has led to a tightening of supply, providing support for price increases. In terms of market sentiment, breaking through $2,700 diverges from traditional strategies, sparking positive expectations.
Additionally, the Pectra upgrade on May 7 improved Ethereum's scalability and security, but its actual impact on price depends on the speed of ecological application implementation. Under the influence of multiple factors, if institutions, traditional investors, and spot traders actively participate, Ethereum is expected to break through $3,000 in the short term.
Ethereum Aims for $3,000, What Factors Will Determine Its Fate?
Ethereum's daily increase reached 5.63%, returning to above $2,500. The current market is influenced by multiple factors that will determine whether it can challenge the $3,000 mark.
In terms of capital flow, traditional investors are selling ETH for profit, with a net outflow of $10.83 million from spot ETH ETFs in the last 24 hours, but institutional investors have become the main force driving the increase. If the net flow of spot ETH ETFs turns positive, the upward momentum will be stronger.
On the supply and demand side, the reserves of ETH on exchanges have dropped to 19.1 million, reducing selling pressure, while strong demand has led to a tightening of supply, providing support for price increases. In terms of market sentiment, breaking through $2,700 diverges from traditional strategies, sparking positive expectations.
Additionally, the Pectra upgrade on May 7 improved Ethereum's scalability and security, but its actual impact on price depends on the speed of ecological application implementation. Under the influence of multiple factors, if institutions, traditional investors, and spot traders actively participate, Ethereum is expected to break through $3,000 in the short term.
Ripple ($XRP) is setting the stage for an explosive move! In the short term, $6 is within reach, followed by the highly anticipated $9+ levels. With a fully positive technical outlook, XRP is positioned to lead the charge.
As the 2025 bull season gains momentum, Ripple seems ready to ignite the crypto market. Are you ready for the ride? 🌟
For more airdrop activities, follow #welinkBTC @万联welinkBTC Focusing on Web3, blockchain games, AI, and AirDrop investment opportunities 🫙 Monitoring 100 cryptocurrency experts across the network🔥 Let's traverse the bull and bear markets $BNB {spot}(BNBUSDT)
🎈During the Chinese New Year, there was no special market and the update frequency was reduced. There are many early basic teachings in the referenced articles. Take a look when you have nothing to do... Do trading without asking for help! I wish everyone a happy new year🎆#BTC
Summary of key information during the Spring Festival
Market trends and capital flows Bitcoin ETFs see strong inflows**: BlackRock's Bitcoin Spot ETF (IBIT) had a net inflow of $189 million on January 24, and its trading volume hit a record high of $6.8 billion on January 24. This shows that institutional investors' interest in cryptocurrencies continues to rise, driving market activity and the rise in Bitcoin prices. Ethereum expansion strategy attracts attention** Vitalik Buterin published an article discussing Ethereum L1 and L2 expansion strategies, emphasizing the importance of technical and social collaboration to the ecosystem. Ethereum L2 transaction volume increased by 48.3% in the fourth quarter of 2024, showing its potential in scalability and transaction efficiency.