How to ambush the bull market after the April halving? Invest in these 4 cryptocurrencies with 100 t

Market Analysis

Hello brothers, last night's market repeated history again. A sharp drop before and after the release of economic data - rebound after a sharp drop.CPI is higher than expected, and many people think that there will be no interest rate cut this year. Last night, I said that pessimism has reached its peak and that is the bottom. Today, BTC has risen back to 70,000.

This year there are three possibilities:

The first rate cut began in June

The first rate cut began in September

No interest rate cut this year.

At present, the second possibility is the largest. The delay in expected interest rate cuts did not actually end the bull market, but instead prolonged it.Biden reassured the market last night, saying that the CPI data would delay the rate cut by at least one month, but that there would still be a rate cut before the end of the year.At the same time, the Federal Reserve released the minutes of its March monetary policy meeting. Almost all participants believed that interest rate cuts were still possible this year.As long as BTC does not plummet, although the altcoins will not follow the rise, they will still rise after a few days of sideways movement, so just be patient.There has been no major economic data released recently, and BTC is expected to challenge its previous high. ETH can be bought at any time.

4 Cryptocurrencies to Watch Before Halving

1.ETH

From the daily level of ETH, the current KDJ and MACD short-term are still in a stage of oscillating and small bullish volume. The BOLL medium- and short-term currency price has not effectively fallen below the middle track support, which shows that the support is strong. The MA5-day moving average in the main chart continues to close, but the MA30-day moving average has not been linked. It is estimated that the ultra-short-term will grind near the MA30-day moving average. Here, as long as Ethereum can stabilize above the MA30-day moving average, the subsequent currency price will once again hit the high point and strong pressure near the 3650-3742 area.

Remember the key point here. As long as Ethereum can remain stable above the 3440-3480 area, it means that the bulls are still dominant at present, and the market can start a bull counterattack at any time.

From the 4-hour level, the KDJ and MACD short-term indicators are downward, but BOLL is not linked. On the contrary, the middle and lower tracks continue to move upward. The MA30 daily moving average in the main chart continues to strengthen, which shows that the 4-hour trend indicator is still relatively strong (it also lays the foundation for the intraday currency price trend to fluctuate upward). The current short-term currency price has also shown an upward signal of breaking through the MA5 daily moving average.

I personally expect that the overall trend of the currency price today will be mainly in a volatile upward trend. The first strong pressure fine-tuning reference of the high point is around 3650-3742 area. The ultra-short-term volume suggests that it is estimated that there will not be a large span of trading volume at once during the day, and the overall trend should be inclined to a slow and volatile rise.

2.DOGE

Dogecoin has hit a roadblock on its upward climb. Having previously traded above the critical $0.20 support area on April 7, the price has since fallen below that level. This has raised concerns about its ability to sustain momentum and reach the expected $0.30 mark.

As of the time of this report, Dogecoin’s current price is $0.19697. Despite a small gain of 0.97% on the day, this rise adds to a broader growth trend that is up 3.83% over the past week.

Notably, this upward momentum has continued over the past month, with a massive increase of 11.17%.

However, it’s important to remember Dogecoin’s impressive performance so far this year, surging 129.27%.

The price has already doubled, showing the potential for significant upside.

3.ORDI

Bitcoin Inscription Protocol Ordinal (ORDI) also surged on Thursday. Its last traded price was close to $77, up 6% in 24 hours, according to data from CoinMarketCap. Its latest market cap is also around $1.5 billion, indicating that it has a lot of room to rise. Assuming that Ordinals continues to see rapid adoption as the bull run continues, it could easily increase 5-10 times. This makes it one of the best cryptocurrencies to buy right now.

4.BONK

Bonk (BONK) has become a well-known player in the memecoin space, attracting the attention of investors with its unique features and charismatic brand. As a memecoin, Bonk embodies the playful and irreverent spirit of Internet culture, using humorous memes and engaging community interactions to cultivate a sense of belonging among its supporters.

Bonk is unique in its unique combination of meme-driven appeal with an innovative token economy that includes features such as automated liquidity provision and frictionless yields through token redistribution. These features not only incentivize long-term holding, but also help improve the overall liquidity and stability of the token. In the current bullish market environment, Bonk's growth potential appears promising, driven by enthusiasm for memecoins and the broader cryptocurrency market. With a dedicated community of enthusiasts and a roadmap outlining ambitious development and expansion plans, Bonk is well-positioned to capitalize on the bull market's momentum and emerge as a prominent memecoin contender poised for huge gains.

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