ETH falls below the $1600 mark

Click on the link to enter the live stream: https://meeting.tencent.com/p/6766256335 Hello everyone, I'm Tony the Elder. See you at 7 pm tonight! Last Friday, I shared with you the bearish trend and said that this wave of the market will definitely rise to 84000. At that time, the price was around 80700, and I said it would definitely rise to 84000. Why do I say that? Bitcoin's daily double bottom was supported by a 4-hour double dip, forming a bottom. That's why I said 84000 is only the first pressure level above. Based on the current market situation, Bitcoin closed at the weekly line this morning, which is above 83500. At the weekly line level, it is easy to reach the insertion point again this week and may go to around 88000. This is the insertion point at the weekly line level. After insertion, it is still bearish. The weekly line can mainly focus on high positions, with low and long positions as secondary high positions. The area around 88000 is stable. Currently, The market has been consistently in the range of 84000-83000. It is recommended not to go short for now, as the probability of moving in the range of 89000-82000 on the weekly chart is very high. Ethereum is really useless. As long as there is a short-term rebound, it can hardly last for three seconds. This coin is now bound to fall, and if it rebounds, it is recommended to open a low multiple and hold it high for a long time. If it does not harden briefly near Ethereum 1800, it can be left short for the long term. Operation suggestion: BTC 87600-88500 Short positions in batches Defense 89200 Target 85500-83500 Tonight's live broadcast will bring you real-time short-term orders, including the layout of mainstream Ethereum knockoff market in the future. For specific details, please enter the DingTalk group: 120015004397 QQ group number: eight hundred and ten million seven hundred and ninety-four thousand and ninety-five Meeting number: 676-625-6335 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

According to BlockBeats, on April 14th, according to OnchainLens monitoring, two hours ago, MANTRA DAO staking wallet sent 38 million OM (approximately $26.96 million) to Binance cold wallet.

Laser Digital released a statement on the X platform stating that it has nothing to do with the recent price drop of $OM (Mantra). In response to rumors on social media that Laser was involved in investor selling, the company stated that the statements were "factual and misleading". Laser clarified that they did not transfer any $OM tokens to OKX, and the wallet referred to by the outside world is not owned by them. Its core investment remains locked in, and it reiterates its support for the long-term development of the ecosystem. Earlier this morning, it was reported that at least 17 wallets had deposited 43.6 million OMs into the exchange before the OM crash, accounting for 4.5% of the circulating supply. According to Arkham's markings, two addresses are associated with Laser Digital. Laser Digital is a strategic investor in MANTRA.

BlockBeats News: On April 14th, Laser Digital issued a statement stating that "we would like to directly respond to recent speculation about Laser Digital's involvement in OM (Mantra) price fluctuations. There is no correlation between the recent price decline of Laser and OM. The statement on social media about Laser being related to 'investor selling' is incorrect and misleading. Publicly marked some OM chain transfer records related to Laser wallet. We hereby declare that Laser has not deposited any OM tokens into OKX. The mentioned wallet related to OKX is not Laser's wallet. We are in line with our partners and our core OM investment is still locked in. We have no interest in putting pressure on the token or disrupting the stability of the project. Transparency is important BlockBeats previously reported that earlier today, prior to the OM crash (since April 7th), at least 17 wallets deposited 43.6 million OM (then $227 million) into CEX, accounting for 4.5% of the circulating supply. According to Arkham's label, two addresses are associated with Laser Digital. Laser Digital is a strategic investor in MANTRA.