CRCL Market Analysis 2025.04.07



After dropping to the level indicated in the March 27 tweet, CRCL began to rebound as expected. Currently, the previous view remains unchanged — the decline from 136.6 is a correction, and after the correction ends, CRCL will continue to rise.

The key now is whether it can quickly break through the 96.5 level. If it can break through and stabilize above the red resistance zone shown in the chart, the correction for CRCL may be over. Under this scenario, CRCL has been running from 83 in a move similar in level to the rise from 49.6 to 136.6.

If it cannot break through 96.5 in the near term, then the move from 83 is a minor rebound. Once the rebound ends, CRCL will continue downward to find the end of the correction. Even if it follows this path, the correction will eventually end, followed by a new upward trend.

CRCL's fundamentals are solid; its market cap isn't high, and there is still considerable room for growth. Most importantly, USDC has almost no compliance issues, which is a significant advantage over USDT. This could soon become a catalyst for CRCL's takeoff. $BTC $ETH #Gate广场四月发帖挑战
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