BTC falls below the $76500 mark

Click on the link to enter the live stream: https://meeting.tencent.com/p/5658778060 Course 1: BTC/ETH Market Analysis and Short term Opportunities Lesson 2: What kind of transaction is complete and compliant with the basis Course 3: Exchange of Student Positions and Trading Issues BTC/ETH Trend Analysis and Opinion: Market Fluctuations on Wednesday. Bitcoin continues to narrow its range, with a high of 85500 and a low of 83063, closing at 83990. On the same day, K once again closed with a meteor line that hit the top after encountering obstacles, forming a multi needle peak pattern with the three trading days completed this week; The signal direction is indeed biased towards the bearish daily line level and may face the possibility of another dip; But what is more crucial is that the short-term 83000 needs to be firmly broken down in order to have a chance to test the downward trend of 78000-75000; If maintained within the 4-hour range of 86500 and 83000, it will oscillate and organize; There are still opportunities for bulls to continue to rise and break through the first resistance; Partners who are determined to fall below 83000 and pay attention to bearish opportunities can engage in appropriate short selling operations; Bulls need to wait until the 86000 level is broken before intervening. The breakthrough opportunity is relatively stable During the past full five week trading period, Da Bing has experienced a second confirmation of the support effect of 75000 at the major level; Based on last week's performance, this second round of confirmation was established. The price test reached a historical high of around 74000 in March 24, and it also tested the triple moving average of 50ma and the upward trend line, resulting in strong bullish buying. It rebounded all the way from 74450 during the session to a high of 86100, and finally closed around 83700; And present a bullish swallowing pattern at the weekly level; The current market price is above 84450, with the strongest resistance of 89000-90000; The recent first support is 75000; If the resistance and support at the weekly level cannot be broken through, it will maintain oscillation; The upward trend has effectively broken through the 89000 long counter attack target and can be expanded to the 95000 daily line level. Since February 28th, there have been three bottoming out and confirmed effective support; Recently, it has rebounded from 74500 to the current 85000 with a range of over 10000 points; At the daily level, there is still the ability to continuously rise; Try to avoid short positions as much as possible in operation; Instead, the main approach is to go long on dips; Breaking through the Saturday and Sunday resistance of 86000, it will explore 88500-89000 within the next day Partners seeking short selling opportunities need to patiently wait for the actual situation to be tested around 89000-90000 Short term trading opportunities within the day? Looking for specific locations? We will also share in the live broadcast room how to find opportunities for both long and short positions to enter; Welcome to the Tencent Meeting live broadcast room to discuss and exchange with teachers for more details on currency operations and trading issues! Recommended idea [direction of oscillation] Focus on Support Resistance Today BTC resistance 88000-89000/support 76600-74000 ETH resistance/1700-1750/support 1450-1400 For more details, welcome to the live broadcast room for discussion, learning, and exchange! Tencent Meeting ID: 565-877-8060 Daily five live broadcasts start from 14:00-21:30 without interruption QQ group: 873659756 Aicoin group: https://aicoin.com/link/chat?cid=2ARLLeaoM Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.

The main large order is displayed on the K line in the form of a horizontal line, the thicker the line means the larger the pending order amount, and the longer the line represents the longer the pending order time

Foresight News reported that according to Onchain Lens monitoring, a certain whale address deposited 2 million USDC into Hyperliquid to purchase more HYPE tokens. In the past 5 days, the giant whale has deposited a total of 7.99 million USDC into Hyperliquid and spent 5.99 million USD to purchase 376442 HYPEs at an average price of 15.9 USD, currently making a profit of 266000 USD. The giant whale also has an unfulfilled order to purchase 100000 HYPE.

BlockBeats reported on April 17th that the US Department of Justice (DOJ) stated in a memorandum that it will re-examine a practice of compensating investors at a price lower than their current market value in cases involving fraud and theft when digital assets are confiscated. The memo mentioned that the Department of Justice is paying attention to some well-known bankruptcy cases in 2022, including FTX, Voyager Digital, Celsius Network, Genesis Global, BlockFi, and Gemini Trust. Although not all of these bankruptcy cases involve criminal charges, the Department of Justice points out that many of them resulted in investors losing digital assets due to "fraud and theft". In addition, the Ministry of Justice also pointed out that the value of these digital assets has seen a significant increase in the following years. However, the court's approach was not driven by a desire to cause pain to creditors. The problem is that the current US bankruptcy regulations stipulate that confiscated assets should be returned to the victim at the time of fraud in US dollars. Although this may seem unfair, experts say there are important reasons behind this rule, and changing it could be very difficult.

XRP's recent price movement suggests a possible re-test of lows around $1.6, despite its strong order book depth.