Looking at the Ethereum daily movement, the 40-day and potentially even the 80-day cycle trough is in, this categorically pushes risk to the upside.
Bitcoin is still languishing but Nasdaq futures may have also just bottomed skewing overall risk upwards. Gold is also attempting a bottom and as you may recall from prior notes there is a strong positive correlation to both. Get involved.
Hong Kong branches of China Asset Management, Harvest Fund Management, and Bosera Asset Management launch their Bitcoin and Ethereum ETFs by 30 April
ETH's bullish rebound hit a brickwall at the $3.2k resistance level, opening another opportunity for sellers in the short term.
This move marks a significant leap forward for the burgeoning crypto market in the region, establishing Hong Kong as a potential leader in digital asset innovation.
An exciting week in Asia for crypto but could the coming weeks be even better? Only South Korea's opposition party and Hong Kong regulators know the answer
Meta announced an increase in spending but a reduction in its Metaverse Reality Labs arm
Hong Kong branches of China Asset Management, Harvest Fund Management, and Bosera Asset Management launch their Bitcoin and Ethereum ETFs by 30 April
HBAR's price soared over 100% after fans mistakenly believed BlackRock chose to tokenize its shares on Hedera
Changpeng Zhao's Binance "turned a blind eye" to Hamas, al Qaeda, and ISIS transactions. His friends and family have submitted letters of support to reduce his 3-year sentence
