1. Market Observation
Keywords: Trump, ETH, BTC
Trump recently stated that he has no intention of firing Federal Federal Reserve Chairman Powell and acknowledged that tariffs on Chinese exports are too high, suggesting a significant reduction in tax rates. Meanwhile, geopolitical tensions have shown signs of easing, with Putin proposing to stop the offensive against Ukraine on the current front as part of efforts to reach a peace agreement with Trump. These easing signals directly impacted safe-haven assets, with spot gold dropping dropping about $160 from yesterday's high of $3,500, currently priced at $3,339 per ounce.
Crypto assets saw a significant rebound reBitcoin broke through the $90,000,000key resistance level yesterday yesterday and rose above $94,000 this morning, its market cap now surpassing silver and Amazon, ranking sixth globally in asset market value. 10x Research points out the the current key resistance zone is between $94,000 and $95,000, while Greeks.live community traders believe Bitcoin's next target target after breaking $90,000 will be $93,000-$100,000. More cautious observers are for potential pullbacks, expecting possible retests at $84,000 or $74,000 levels before significant rises. Additionally, Cantor Fitzgerald, led by Brandon Lutnick (son of US Commerce Secretary Howard Lutnick), is collaborating with multiple institutions to build a multi-billion-dollar Bitcoin acquisition platform, becoming another powerful buyer of Bitcoin.
Moreover, Arthur Hayes remains optimistic about Bitcoin's future,cast, believing it will break free from its correlation with tech stocks and return to being a market safe-haven asset alongside gold. He anticipates Bitcoin could climb to $200,000 after breaking $110,000, triggering capital flows into Altcoins. Geoff Kendrick from Standard Chartered Bank also holds an optimistic view, predicting Bitcoin might reach a historical high if market concerns about Federal Reserve independence persist, forecasting it could reach $200,000 by the end of 2025.
In The Alt,anaided with the market, rising above $150 morning. This surge is supported by institutional funds, with Galaxy Digital converting $100 million ETH to SO, the listed US company DeFi Dev Corp increasing SOL holdings holdings by $11.5 million, and blockchain payment provider Astra Fintech establishing a $100 million fund to supporting Solana's in Asia. this atmosphere, MEME sector rebounded most significantly with ZEREBRO doubling its daily gains, andArtcoin's market cap breaking $1 billion.
On the macroeconomic front, US Treasury Secretary Becent stated that the tariff deadlock is unsustainable and expects the situation to ease. Trump's attitude towards the Federal Reserve has also softened, saying, "We believe the Federal Reserve should lower rates,, now is a perfect time. We hope our chairman can lower rates early or on time." He also expressed satisfaction with the stock market's According to CME's "Fed Watch", the probability of maintaining maintaining rates in May is 91.77%, with a 8..chance of a 25 3 basis. The probability of maintaining rates until June is 32.8%, with a cumcumulative 25 basis point cut 61.8%, and a cuma 5.3% cut 50 basis point cut><.
<3 2. Key Data (as of April 23, 12:00 HKT)(Data source: Coinglass, Upbit, Coingecko, SoSoValue, Tomars, GMGN)
Bitcoin: $93,203.77 (YYTD -0.45%), Daily spot trading volume $5.65 billion
Ethereum: $1,794.45 (YTD -46.28%), Daily spot trading volume $25.673 billion
Fear and Greed Index: 72 (Greed)
Average Gas: BTC 1.05 sat/vB, ETH 0.67 Gwei BTC 63.3%, ETH 7%
<>DEEP, XRP, BTC, AERG, TT24-TC/Short Ratio::
.005Sector Performance: Meme AI sector up 14.52%, AI sector upup up .813.81%
-ation: globally 160,939 peoplepeople liquidated, total liquidation amount $$603 million, with BTC liquidation at $298 million, ETH liquid$125 million, SOSOL liquidation $19.13 millionBTC Mid-to-Long-Term Trend Channel: Upper line ($87,457.52), Lower line ($85,725.69)
ETH Mid-to-Long-Term: Upper line ($1,652.44),), Lower line ($1,619. 72)
Today's Fear and Greed Index rises to 72, with market sentiment in a greedy state
Bitcoin surpasses Silver and Amazon, rising to sixth place in global asset market value
Trump: No intention to fire Powell, but the Federal Reserve should lower interest rates
US listed company DeFi Dev Corp (formerly Janover) increases SOL holdings worth $11.5 million
A whale again withdraws 1,000 BTC from Binance, currently holding 19,112 BTC
A whale purchases $4 million worth of Fartcoin tokens and $3.5 million of TRUMP tokens
Bernstein: Macro environment is favorable for Bitcoin, "digital gold" will usher in five catalysts
Metaplanet currently holds 4,855 BTC, plans to hold 10,000 BTC by year-end
OKX will delist spot trading pairs for KISHU, MAX and four other cryptocurrencies on April 29