🔥Key points in today’s currency circle🔥
👉Bitcoin ($BTC ):
Bitcoin has shown a solid upward trend this week, with the price currently trading around $69,000 and finding strong support above the $68,000 level. The market expects Bitcoin to break through the $70,000 resistance level.
Technical indicators show that market sentiment for Bitcoin is relatively optimistic, with the RSI (relative strength index) remaining high, reflecting strong buying pressure. The MACD indicator shows an underlying bullish trend, and the 20-SMA and 50-SMA also provide strong support for Bitcoin price.
💥Focus on:#FridayUSnon-farm data,#AustraliaBitcoinspot ETF newly listed inflow and outflow status
👉Bitcoin ($ETH ):
Ethereum is also showing a steady upward consolidation trend, with the price reaching consolidation around $3,750. Although there has been a significant slight decline over the past 24 hours.
Technically, Ethereum’s RSI indicates relatively neutral market demand. The MACD indicator shows a bearish crossover, signaling a potential negative trend. However, support levels at the 20-EMA and 50-EMA suggest that Ethereum is still on an upward trajectory.
💥Focus on: U.S. ETH spot ETF follow-up status, CARV platform pre-order status (on the Gamefi data platform of the ARB chain)
👉UNI ($UNI )：
The Uniswap Foundation postponed the vote on the “Token Staking and Delegation Rewards” proposal originally scheduled for May 31, citing the need for further review of new issues. This decision caused the $UNI token price to drop significantly, falling below $10. The foundation explained that the postponement of the vote was to ensure the irreversibility and sensitivity of the upgrade, and may be related to avoiding the token being treated as a security.
Basically, it has something to do with whether the SEC will recognize UNI as a securities. However, according to the current market attitude towards the currency circle, I feel that it will be a matter of time for UNI to pass the income distribution. Those who want to deploy it early can start DCA slowly.