#Gate广场四月发帖挑战

April Cryptocurrency Update and Expectations for Today

ETH, which lost $2,300 65 days ago, is trying to break through the resistance level but has been unable to return to $2,100 for 20 days.

If ETH reverses its 2-month decline, it could test the $2,300 and $2,813 levels in the short term.

Trump will attend the Easter event at the White House. At 8:00 PM, Trump will hold a press conference with the military. At 10:30 PM, he will attend the Passover celebrations.

Bitcoin price continues to trade above $69,000 today, and altcoins continued their uptrend. AVAX increased its gains by over 5%, and ETH finally regained $2,100. The breakout on the Ethereum chart eased concerns about a drop to $1,900 and created greater gain potential in altcoins, but risks still remain.
Time is running out for a ceasefire, and while US futures rose, oil retreated somewhat as hopes remain. The fact that ETH crossed a key threshold today is particularly encouraging. However, we have a high potential for a barrage of bad news in the coming days. If there is no agreement by Wednesday, heavier attacks are likely. Iran has given small signals of compromise, so if they have intentions, they need to take more concrete steps before that date.

In the past few hours, news emerged that Iran was pressuring for a ceasefire, but this wasn't a sentimental move.

ETH, which lost $2,300 65 days ago, attempted to break through resistance but hasn't been able to return to that level for 20 days. Now that $2,100 has been surpassed again, a close above $2,179 could target the resistance again. In this scenario, a reversal of the boring movement that has continued for over two months and a test of $2,813 could be expected.

Of course, this isn't the first time it has tested $2,100 (in these 65 days); there have been previous attempts, so we should view today's rise as a "clear reversal." It's perhaps too early to celebrate.
Trump will attend the Easter event at the White House. At 8:00 PM, he will hold a press conference with the military. At 10:30 PM, he will participate in the Passover celebrations. So, we will see a lot from Trump in the coming hours. If Iran is truly close to a ceasefire, we should see this reflected in the tone of the US President's statements.

Tomorrow, the Fed will release its inflation forecast, and since it includes a one-year expectation, we will see what the effects of the war mean from the Fed's perspective. In the early hours of Wednesday, Trump will either announce an agreement or declare the start of major attacks on all of Iran's infrastructure and leadership. We can say that eventful hours have begun.
‍$BTC $ETH $AVAX