Cryptocurrency News

April 1st Highlights:

1. The Solana Policy Research Institute has been established to promote cryptocurrency legislation beyond Bitcoin.

2. Circle plans to conduct an initial public offering (IPO) with the support of JP Morgan and Citi.

3. The Trump family takes over World Liberty through WLF Holdco.

4. OKX announces the appointment of Linda Lacewell as Chief Legal Officer, who previously served as the Director of the New York Department of Financial Services (NYDFS).

5. Federal Reserve's Barkin: No signs of stagflation currently, not in a hurry to cut interest rates.

Trading Insights

1. The cryptocurrency market is a fast-changing zero-sum game; for retail investors, it is a negative-sum game. However, it is better than the lottery, where the prize pool only gives about 40% back to players, and can be as low as 20%. If you want to engage with the Indian real economy, the win rate can be said to be less than 5%, almost guaranteed to lose. In the bull market of 2021, the key to winning was heavily investing in leading altcoins. In 2023, the core is inscriptions. In 2024, the core is daring to heavily invest in first-tier memes. As we do P trading, we will find that every time, the correct posture has a huge difference. Each time, the correct posture from the previous round will become the wrong posture in the next round. Just look at the friends who are still heavily invested in altcoins today. Since the first half of 2024, the first-tier bull market and P traders have been thriving for almost a year. A posture can quickly be learned by many people. In a highly dynamic market, a posture is unlikely to make money in the long term. What I worry about is that the posture of P traders has already entered its final phase.

2. What are the new postures and new plays? I don’t know, but at this time, it is essential to remain open-minded and observe the subtle details. Once there is a hint, jump on it immediately. The cost-effectiveness could be 100 times that of doing P trading. We must always do the right thing and innovate our thinking. It could be a new protocol, a new chain, a new model, a new theme, or a completely different technology tree. But one thing is certain: most retail investors do not want to learn from the start. The infrastructure is often not perfect at the beginning, and most retail investors find it difficult and troublesome to engage with these things.

3. From another perspective, a negative-sum game must continuously eliminate the postures of mainstream participants.

LIFE IS LIKE

A JOURNEY ▲

Below are the real trading group orders from the Big White Community this week. Congratulations to the friends who followed along. If your operations are not going well, you can come and test the waters.

The data is real, and each order has a screenshot from the time it was issued.

**Search for the public account: *Big White Talks Coins*

BTC

Analysis

Bitcoin's daily line rose from a low of around 81250 to a high of around 83950 yesterday, closing around 82550. The support level is around 81700; if it breaks, it can be seen at 80000. A pullback can be bought nearby. The resistance level is around MA14; if it breaks, it can be seen at MA200. A rebound to nearby can be a short opportunity. MACD shows a decrease in bullish volume, indicating a potential golden cross. The four-hour resistance is around MA120; if it breaks, it can be seen at MA60. A rebound to nearby can be a short opportunity. MACD shows an increase in bullish volume, forming a golden cross. Short-term buying can be done around 81720-80300, with a rebound target of around 84500-86000. A rebound to 85300-86800 can be a short opportunity, targeting around 81700-78600.

ETH

Analysis

Ethereum's daily line rose from a low of around 1775 to a high of around 1855 yesterday, closing around 1820. The support level is around 1800; if it breaks, it can be seen at around 1715. A pullback can be bought nearby. The resistance level is around MA14; if it breaks, it can be seen at MA30. A rebound to nearby can be a short opportunity. MACD shows a decrease in bullish volume, indicating a potential death cross. The four-hour resistance is around MA30; if it breaks, it can be seen at MA120. A rebound to nearby can be a short opportunity. MACD shows an increase in bullish volume, forming a golden cross. Short-term buying can be done around 1800-1778, with a rebound target of around 1850-1900. Mid-term buying can be done around 1715-1670, with a rebound target of around 1790-1940.

Disclaimer: The above content is personal opinion and for reference only! It does not constitute specific operational advice and does not bear legal responsibility. Market conditions change rapidly, and the article has a certain lag. If you have any questions, feel free to consult.

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