Good evening, brothers!
The fields of rapeseed have quickly turned into plump seeds,
Like promises scattered by time,
They hang heavily in the May breeze.
Thinking that when the golden hue returns,
They will be cut down, and the seeds will be beaten out,
Ultimately becoming the flavors on our tongues…
……
On Monday local time, the Arizona state legislature in the United States passed a bill allowing up to 10% of public funds to be invested in Bitcoin and digital assets. If signed by the governor, this move will make Arizona the first state in the U.S. to officially establish a Bitcoin reserve.
The Arizona House of Representatives passed two key bills on April 28, aimed at establishing Bitcoin and digital asset reserves for the state:
The first bill—Senate Bill 1025 (SB1025) amends existing regulations to allow for the establishment of a strategic Bitcoin reserve, passing with 31 votes in favor and 25 against.
The second bill—Senate Bill 1373 (SB1373) aims to create a broader state-level digital asset reserve, passing with 37 votes in favor and 19 against.
BTC: On the 4-hour level, the price continues to stay above the middle band of the Bollinger Bands, and the price trend remains healthy.
On the daily level, the price continues to stay above the moving average support, and the price trend remains healthy.
In summary, the support level is 95000, and the resistance level is 95400.
ETH: On the 4-hour level, the price continues to stay above the middle band of the Bollinger Bands, and the price is approaching the overbought zone in the short term, requiring caution for a price pullback, with a support level of 1820 and a resistance level of 1860.
LTC: The price continues to oscillate near the middle band of the Bollinger Bands, with a support level of 85 and a resistance level of 88.
BCH: The price continues to stay near the upper band of the Bollinger Bands, and the price is overbought in the short term, requiring caution for a price pullback, with a support level of 360 and a resistance level of 390.
That's all for now, good night!
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