💰 Gate.io Daily Topic & Post Event
➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
Will this boost Bitcoin’s price? Could it set a trend for other states or countries? Share your thoughts!
➡️ #FOMCMeeting#
— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
✍️ Post with #Bitcoin
Highlights on the morning of March 31
#BTC & ETH 行情分析#
Currently, Bitcoin has been oscillating sideways for nearly a day, with neither signals for a large volume increase nor signs of panic selling, indicating that the main funds are still observing. The support around 81600 is indeed quite strong, retail investors are trying to buy the dip, but large funds have not moved much, suggesting that both parties are waiting for a clear signal.
Why aren't the major players taking action? I think the main reason is that the recent news is not very clear, especially with the potential changes in the tariff policy from 🇺🇸, which could cause issues. The market is worried that the understanding king might suddenly take action, so large funds are choosing to hold back. These next two days are crucial. If the news is bearish and breaks below 81600, the next stop might be 790, and further down 760 is strong support.
The Bitcoin is consolidating, waiting for a direction to choose. The short-term strength divide during the night is at the position of 82845. If it can stabilize at this level on the hourly chart, it indicates that a rebound is likely, with potential targets around 83455, 84590, and 85575.
If 82845 cannot hold, then the rebound is not real, and it will have to explore further down, with support looking at the ranges of 82155, 81200, and 79900. In simple terms, if 82845 holds, there is still some short-term play. If it breaks, then we will continue to look for support downwards.
The rebound of the secondary market is weak, be cautious of further declines. Today's rebound is weaker than Bitcoin, as it fell below support without even touching the resistance. Currently, the sentiment is cautious, and the main capital hasn't made any major moves; in the short term, it's still dependent on Bitcoin's performance.
According to the concubine, the short-term strong and weak watershed is at the position of 1825. If the 1-hour level can stabilize at this position, it can still push up a bit, with resistance seen in the ranges of 1845, 1886, and 1912.
If it can't even stand at 1825, it means that the head has no strength at all, let's continue to look at the ranges of 1800, 1775, and 1750.
The secondary market is now weaker than the pancake, and if it can't stabilize at 1825, it will go down in the short term. The news in the past two days is very important; the main players are waiting for policy implementation. Retail investors should best observe and wait for the direction to become clear before taking action. In short, everyone is waiting for confirmation news right now, so don't rush to buy the dip; let the main players act first. #荣誉积分抽奖,赢MacBook Air和精美周边# #四月行情预测#