BlockBeats news, on April 4th, Jamie Coutts, Chief Cryptocurrency Analyst at Real Vision, stated that altcoins may only have one final rise in this cycle, but only those with true practicality and strong network activity can achieve price increases. Coutts suggests that traders should pay attention to the "trends" of online activity and use them as the "North Star" on how to trade cryptocurrencies. Coutts predicts that "by June, altcoins will truly begin to rebound. The premise is that by then, Bitcoin will return to historical highs." (Cointelegraph)
Foresight News: RWA stablecoin issuer Usual Community has released a UIP-6 proposal titled "Maximizing Value for USUALx Holders", proposing to increase the floor price of USD0++from $0.87 to $0.92 and redistribute the 47 million USUAL tokens collected from early redemptions to USUALx holders by the second quarter of 2025. The proposal points out that the USUALx ecosystem is facing unfair arbitrage issues, and through early redemption mechanisms, it is expected to result in an annual revenue loss of $11.1 million, reducing the value of USUALx by approximately 22%. In addition, it plans to adjust the unlocking time (UT) for early redemption from 6 months to 2 years to prevent harmful arbitrage behavior and protect long-term value. Voting in support of the proposal will help maintain the value of USUALx and promote sustainable growth of the agreement. The voting will take place within 3 days, and users holding USUALx and USUAL tokens can participate.
BlockBeats News: On April 4th, according to The Data Nerd monitoring, multiple institutional addresses have deposited large amounts of ETH into CEX in the past 24 hours. Grayscale deposited 16247 ETH (approximately $28.63 million); Blackrock deposited 10000 ETH (approximately $17.94 million); Wintemute deposited 34634 ETH (approximately $62.94 million); Andre Conje deposited 2000 ETH (approximately 3.44 million US dollars); James-Fickle deposited 2350 ETH (approximately $4.19 million).
At present, BTC is running in the key range of 83000, and member indicators show that the chips at this position are sparse, making it easy to form a breakthrough market. Recently, both support and resistance levels have gathered here, indicating that the long and short sides are about to engage in fierce competition. Combined with the K-line pattern, the pregnancy line indicates that the market may reverse, while the strengthening of MACD momentum suggests that a change is approaching. The 2-hour technical cycle confirmed this judgment, with prices continuously under pressure below the EMA24/52 moving average and trading volume showing a significant decline, indicating that the market is accumulating strength. Accurately grasp the changing direction, immediately open a membership, and obtain exclusive chip distribution data! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.
According to AiCoin monitoring, a large amount of funds flowed out of the US spot BTC ETF market yesterday, with a net outflow of up to 99.8 million US dollars. Among them, GBTC was the largest outflow, with a daily net outflow of 60.2 million US dollars; Next is BITB, with a total of 44.2 million US dollars. And the grayscale GBTC outflow was 60.2 million US dollars. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only
According to Foresight News, according to (Bitcoin.com), Zack Wainwright, a research analyst at Fidelity Digital Assets, stated that Bitcoin may currently be in an acceleration phase, exhibiting high volatility and profit characteristics, similar to price breakthroughs in 2013 and 2017. It pointed out that after the election, the price of Bitcoin rose by 56%. If it enters a second rebound, the base price may be around $110000 and is expected to reach its peak in the coming months.