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#ETH在5月会引来强势反弹吗?
2024.5.5 Market summary analysis
BTC today's minimum of 62822, it is best to break through around 64100, break through 65000 and continue to see the long, if the daily line continues to go lower, you can turn short thinking, such as fall break 62000. Of course, the general direction is longing, and the shorts are not shorting.
At present, it is all BTC Fluctuation. It's good long people altcoin still trapped dead, it's time to play people for suckers the meat, fall have nothing to fall, altcoin the daily line is support points, which is much stronger than before.
But today there is still favourable information;
Block Inc., owned by Jack Dorsey, announced its strategy of buying Bitcoin through dollar-cost averaging for balance sheet regular allocations. The company plans to invest 10% of its monthly gross profits from Bitcoin products in Crypto Assets. (Institutions are getting more and more long)
Banana Capital investor Turner Novak posted on the X platform that there is a view that the total payment volume of stablecoins in the second quarter will exceed Visa. (No matter what stablecoin is used for, it is also Favourable Information encryption the market and increase exposure)
In addition, according to DefiLlama data, the total market capitalization of stablecoin reached $160.407 billion, with a rise rate of 0.29% in the past seven days. Among them, the USDT market capitalization reached 110.627 billion US dollars, with a market share of 68.97%.
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