The trend of macro improvement may reverse, with ETH possibly leading a new market for alts.

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The crypto market is expected to usher in a trend reversal, looking for alts opportunities

1. The macro environment and the crypto market are gradually improving

  1. Signs of Easing Tariff Policies

Trump stated in public that the tariffs on Chinese imported goods in the US are too high and that the tax rate is expected to be significantly reduced. This marks a softening in his attitude towards tariff policy.

  1. Expectation of interest rate easing

The market currently expects interest rate cuts to begin in June, with a possibility of three cuts within the year, which is expected to inject new liquidity into the market.

  1. Encryption-friendly policies are gradually being implemented.

The United States is advancing the establishment of a "strategic Bitcoin reserve" and a "U.S. digital asset reserve." Multiple states are promoting Bitcoin state reserve bills. Two stablecoin bills are in progress. The new SEC chairman is seen as friendly to the encryption industry.

  1. BTC shifts from bearish to bullish

Since mid-March, BTC has outperformed US stocks. At the beginning of April, BTC showed bottom signals, and the MACD indicator has now turned bullish.

Crypto market may welcome a trend reversal, capturing altcoin opportunities from the short-term capital perspective

2. ETH or leading alts show a trend reversal

  1. On-chain data analysis

The number of profitable addresses for ETH has sharply declined, the MVRV indicator has entered the oversold zone, and the cost distribution shows a significant accumulation of chips around $1850.

Crypto market may welcome a trend reversal, capturing altcoin opportunities from the short-term liquidity

  1. Contract Data Analysis

The ETH contract market is vast, and currently, the contract open interest is positively correlated with the price. The open interest of ETH contracts at several exchanges is several times that of the spot reserves.

The crypto market may迎来趋势反转, capturing altcoin opportunities from the short-term capital side

  1. Technical Analysis

Multiple technical indicators for ETH show bottoming signals, with candlestick patterns, moving averages, MACD, and other indicators indicating the possibility of a bullish-bearish reversal.

Crypto market may迎来趋势反转,从短期资金面捕捉alts机会

The crypto market may see a trend reversal, capturing altcoin opportunities from the short-term capital perspective

Crypto market may welcome a trend reversal, capturing altcoin opportunities from the short-term capital perspective

The crypto market may welcome a trend reversal, capturing altcoin opportunities from the short-term capital perspective

3. Alts Opportunity Mining

  1. NEIROETH
  • Meme coin, inspired by the Shiba Inu Neiro
  • Market cap of 61 million USD, total supply of 1 billion
  • Contract trading is active, OI/MC exceeds 13.8 times
  • Large holders are holding long positions, overall showing a bullish trend.

The crypto market may迎来趋势反转, capturing alts opportunities from the short-term capital perspective

The crypto market may迎来趋势反转, capturing alts opportunities from the short-term capital perspective

The crypto market may experience a trend reversal, capturing altcoin opportunities from the short-term funding perspective

Crypto market may experience a trend reversal, capturing altcoin opportunities from the short-term capital perspective

Crypto market may迎来趋势反转, capturing altcoin opportunities from the short-term capital perspective

The crypto market may welcome a trend reversal, capturing altcoin opportunities from the short-term capital perspective

Crypto market may experience a trend reversal, capturing altcoin opportunities from the short-term funding perspective

The crypto market may welcome a trend reversal, capturing alts opportunities from the short-term funding perspective

The crypto market may welcome a trend reversal, capturing altcoin opportunities from the short-term capital perspective

The crypto market may welcome a trend reversal, capturing altcoin opportunities from the short-term funding situation

The crypto market may迎来 trend reversal, capturing altcoin opportunities from the short-term capital perspective

  1. ZEREBRO
  • AI projects based on Solana
  • Market cap of $76.85 million, total supply of 1 billion
  • The holding volume surged by 300% in 24 hours.
  • Large holders are bullish, and the funding rate is positive.

Crypto market may迎来趋势反转, capturing altcoin opportunities from the短期资金面

Crypto market may welcome a trend reversal, capturing altcoin opportunities from the short-term capital

The crypto market may welcome a trend reversal, capturing altcoin opportunities from the short-term funding perspective

The crypto market may迎来趋势反转, capturing alts opportunities from the short-term capital side

The crypto market may welcome a trend reversal, capturing altcoin opportunities from the short-term capital perspective

The crypto market may welcome a trend reversal, capturing altcoin opportunities from the short-term capital perspective

The crypto market may welcome a trend reversal, capturing altcoin opportunities from the short-term funding perspective

4. Summary

Against the backdrop of an improving macro environment, BTC has broken through a key position, and ETH may usher in a trend reversal. Pay close attention to the alts with unusual contract data movements, such as NEIROETH and ZEREBRO. The crypto market is expected to welcome more upward opportunities.

ETH-0.08%
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Web3Educatorvip
· 15h ago
looks like my students' predictions were right... alt season incoming fr fr
Reply0
FallingLeafvip
· 08-15 08:02
Who doesn't make money in a bull run? What is there to fear?
View OriginalReply0
WalletWhisperervip
· 08-15 07:59
Latest news is great, let's gamble on the bull run.
View OriginalReply0
CryptoNomicsvip
· 08-15 07:49
*sigh* correlation matrix shows 87.3% convergence with pre-2021 bull indicators... statistically significant yet traders remain oblivious to the macro implications smh
Reply0
gas_fee_therapistvip
· 08-15 07:44
bull run bro is just waiting for the big brother to start the ride
View OriginalReply0
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