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April 29th Cryptocurrency Market
๐นStrategy: Still can do sideways trading. Short-term upward momentum is stronger
๐นNews: UAE withdraws from OPEC, while Iran's storage capacity is insufficient and forced to cut production. Crude oil prices haven't fallen, but it won't last long
๐นMacro: Yesterday, the Bank of Japan's voting revealed expectations of interest rate hikes, and the US 2-year Treasury yield continued to rise. Internal board members are gradually turning hawkish. But it won't affect the market for now; the major event soon is mid-May, Powell's decision