Sypool

Sypool

The cryptocurrencies has generally moved below the given support levels last week, making it difficult for the bulls to recover. The rate decision on Wednesday will determine the pace of rate hikes, and it can bring high volatility to the market. In terms of regional crisis, a number of Euro-countries have adopted the Ruble to settle expired natural gas prices,...

Sypool

The cryptocurrencies has generally moved below the given support levels last week, making it difficult for the bulls to recover. The rate decision on Wednesday will determine the pace of rate hikes, and it can bring high volatility to the market. In terms of regional crisis, a number of Euro-countries have adopted the Ruble to settle expired natural gas prices,...

Sypool

The cryptocurrencies got strong bullish power from after hitting the support level. But as we mentioned all changes are meaningful, retesting the support level is not a good signal for bulls. After Mr. Powell made his comment on the pace of rate hikes last week, the entire risky-asset reacted with a long-lost sensitivity. While the comment doesn't include...

Sypool

The cryptocurrencies got strong bullish power from after hitting the support level. But as we mentioned all changes are meaningful, retesting the support level is not a good signal for bulls. After Mr. Powell made his comment on the pace of rate hikes last week, the entire risky-asset reacted with a long-lost sensitivity. While the comment doesn't include...

Sypool

The cryptocurrencies got strong bullish power from after hitting the support level. But as we mentioned all changes are meaningful, retesting the support level is not a good signal for bulls. After Mr. Powell made his comment on the pace of rate hikes last week, the entire risky-asset reacted with a long-lost sensitivity. While the comment doesn't include...

Sypool Updated 

After the cryptocurrency market fell back again, the price remained in a range and fluctuated last week . During the decline of some cryptocurrencies, the bullish power increased significantly. All three cryptocurrencies we studied stopped falling after touching their support levels. On the other hand, as we know, the Fed's tightening monetary policy has been...

Sypool

After the cryptocurrency market fell back again, the price remained in a range and fluctuated last week . During the decline of some cryptocurrencies, the bullish power increased significantly. All three cryptocurrencies we studied stopped falling after touching their support levels. On the other hand, as we know, the Fed's tightening monetary policy has been...

Sypool

After the cryptocurrency market fell back again, the price remained in a range and fluctuated last week . During the decline of some cryptocurrencies, the bullish power increased significantly. All three cryptocurrencies we studied stopped falling after touching their support levels. On the other hand, as we know, the Fed's tightening monetary policy has been...

Sypool

Affected by the market, SOL faces a similar situation to BTC and ETH. In terms of details, the price of SOL struggled to catch up with other crypto assets before, but the pullback in the last week was equally large. You know, Solana is always full of surprises. Regardless, SOL's bullish power, which is between ETH and BTC, is generally positive. Conclusion:Mostly...

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ETH had a perfect month, but it broke the support level just as quickly on Apr.11, creating a bearish confirmation. We mentioned in the last two reports that ETH's original performance was very similar to the start of bullish channel last year (blue area). This time, it should be noted that the strong bears last week was not a simple pullback. Compared with BTC,...

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The content of the Fed meeting announced last week caused a violent reaction in the market. The process of shrinking the balance sheet is expected to start in May, and most officials believe that more interest rate hikes by 50 bp are necessary. Risky assets fell rapidly. The market that has just turned around has been hit again. The USCPI released this afternoon...

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SOL became the big winner last week. As we mentioned at the beginning of report, both ETH and SOL outperforming BTC this week. After breaking above the resistance level easily, there was no significant strengthening of the bears, which gave the bulls more confidence to continue its upward move. Look up close, the strength of the bulls has increased in these two...

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In the last report, we thought it would continue to rise after a minor pullback. Surprisingly, two days into the pullback, the price continue to pump. According to the characteristics of the ETH bullish channel last year (gray area),when the bulls maintain their strength and bears increased, there will be a callback. But it does not prevent the continuation of the...

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The crypto-market remained bullish. Some cryptocurrencies outperforming BTC this week. The belief of bulls in the market has shifted from extremely low prices to valuable projects, which in the past has often accompanied the emergence of bull markets. In the last week, the given support level came into play, and the price rose quickly after touching the support...

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Carried by the market, the price of SOL has risen. You can see that while BTC and ETH are halfway through their targets, ETH is still struggling in the quarter. Regardless, the market is positive, so the SOL's bearish power won't destroy the rally immediately. We can see from the daily scale that both the length of the green candle and the number of red candles...

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Last week, ETH was in line with our expectations. With the strengthening of bulls, ETH reached the resistance level and continued to try to break through it. ETH’s bullish power is ferocious, the strongest of the three over the last week. ETH and BTC are facing different resistance pressures, considering that monthly declines have been different. The trend of ETH...

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Last week, the cryptocurrency was pumping. Many corporate investors such as Three Arrows Capital and LUNA Foundation, are actively participating in market transactions. The atmosphere of the market seems to have returned back to the way it was before November 2021. Traders and investors are no longer nervous to tight monetary policy. The regional situation did not...

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SOL remained the weakest performer of the three. The only good news is that the bears are not as strong as they used to be. The days downward is fewer than the days upward in the past week. Up close, the bulls seem to be stopping the attack again. Conclusion: Mostly falling. We think that it’s an opportunity for the crypto market last week, and many...