2024.3.4 Market Analysis

The direction is clear, and it can be analyzed without simulation, which is for reference only
News: Today's Panic and Greed Index is 82. 1. Tether issued an additional 1 billion USDT on the Ethereum network (not yet issued). The USDT Market Cap exceeded $100 billion, continuing to hit a new high. 2. EigenLayer TVL exceeded $10 billion, up 21.68% on the 7th. 3. Powell's appearance this week is expected to emphasize that there is no rush to cut interest rates. 4. This week's market outlook: Spot buyers in the Mainstream Token market remain strong, and the level of market leverage is gradually increasing. 5. Tokens such as LQTY, GAL and HFT will be unlocked this week, be aware of the risks. 6. This week's schedule of key events: The SEC will make a decision on the Fidelity Ethereum Spot ETF application.
Technicals: This morning's BTC broke through the previous high near 64200 to meet resistance and then retreated. The Ether Cancun upgrade is approaching, and it will become stronger in recent days, looking at 3700-3900 in the upper shorts. In addition, the three musketeers of the inscription have already broken through the previous high, and the same as the prediction of the flying dragon, the inscription tide will come again in mid-to-late March, have you laid out it in advance? The monthly level of seven consecutive yangs is rare, and the risk of halving the month will intensify. The daily energy column has weakened and is beginning to show signs of divergence, and it is estimated from the cycle theory that the risk of a large correction will not exist for the time being, or will come in a month. There will be a hint when the V I P skirt arrives, and the analysis of the past few days has been reminding you: the cottage season has arrived, layout in advance, hold the currency to rise! #山寨币 inscription #币圈行情 Crypto World #区块链 btc