#Gate广场四月发帖挑战


The overall cryptocurrency market is bullish today, mainly driven by the easing of US-Iran tensions and positive US regulatory news.

Bitcoin (BTC)

Current price is about $74,400, briefly surged to $74,900, hitting a four-week high.

Trend: Stimulated by news of "US-Iran possibly restarting negotiations" and "advancement of US crypto legislation," risk appetite has returned, and the trend is strong.

Key levels: Support at $73,000, resistance at $75,000. Holding above $74,000 could lead to a test of the previous high.

Ethereum (ETH)

Price has rebounded to the $2,300 - $2,370 range.

Trend: Following the market rebound, but there is significant selling pressure (sell walls) in the $2,350 - $2,400 range.

Key levels: Support at $2,280. A volume breakout above $2,400 is needed to open upward space; otherwise, beware of a pullback.

Market sentiment

Fear and Greed Index: 45 (Neutral), showing some recovery from previous panic.

Funding: Last week, Bitcoin spot ETF saw a net inflow of $786 million, with institutions still buying on dips, indicating medium-term confidence.

Note: The Middle East geopolitical situation remains uncertain, and short-term volatility may increase. Do not blindly chase highs.
BTC4,88%
ETH7,93%
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NiaGood
· 4h ago
Trend: Follow the market rebound, but there is significant selling pressure (sell wall) in the $2,350 - $2,400 range above.
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