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If Bitcoin refuses to fall this week, the market makers may initiate a more aggressive play people for suckers mode!

Recently, the BTC trend hides secrets: if the price refuses to pull back, the market may enter the "suffocating sideways" phase - by sticking to the daily mid-line (lower line on the 12-hour level) for a long time to wash out positions, then suddenly making a violent surge!

Key Inference

1. During the sideways market, the daily middle track will continue to move up, and the strongest support will shift to the range of 91,000 - 92,000.
2. The main force may use the sideways

4.30 Wednesday, Bitcoin latest market analysis:
At around midnight, Bitcoin surged to near 95,500 but faced resistance, causing the price to drop. It has currently retraced nearly 1,500 points, with the price now at about 93,800. The pullback is likely a paper tiger, and the structure still indicates a consolidation phase. Therefore, it is advisable to operate around a low long position structure.
Overall, in terms of structure, this pullback is a concentrated release of short selling momentum after being blocked by the long-term high resistance above. Combined with the closing of the weak sto

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Keep it up!

On April 30, according to ETF analyst @ETFhearsay, BlackRock submitted an application for a $150 billion money market fund digital stock (referred to as: DLT), which will utilize Blockchain technology to reflect ownership.
It is reported that DLT shares are sold only through the Bank of New York Mellon, which intends to use Blockchain to reflect ownership, possibly as a precursor/preparation for future digital currency/cash use. #Gate.io App 全新升级 #BTC

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Currently, multiple indicators show that the market is developing positively, including: Bitcoin has now surpassed the short-term holder cost basis level of (, which is approximately $92,900 ), marking an important on-chain turning point that typically signifies a transition from the correction phase to a new bullish momentum; additionally, positive signals in market structure include the profit supply percentage indicator rebounding to 87.3%, reflecting an improvement in market health and an enhancement in investor profitability.
Furthermore, the Fed has recently relaxed re