B Analysis Section

Coin World reported: Bybit analysts stated that with the upcoming Bitcoin halving event, the scarcity of Bitcoin will be twice that of gold. This will make BTC one of the scarcest trading assets on earth. The report also indicates that the reserves of all central exchanges may be depleted within nine months, further exacerbating the supply shortage. However, market experts believe that this cycle is very complex, so the trend of Bitcoin prices after the halving is still uncertain.

Market Analysis:

BTC: On the 4-hour chart, the price continues to stay below the Bollinger Band midline, showing a weak trend.

On the daily chart, the price continues to be suppressed by the moving average, showing a weak trend.

In summary, the support level is 62700, and the resistance level is 63200.

ETH: On the 4-hour chart, the price continues to stay below the Bollinger Band midline, showing a weak trend, with the support level at 3040 and the resistance level at 3080.

LTC: The price has fallen below the Bollinger Band midline, indicating a weak trend, with the support level at 76 and the resistance level at 80.

BCH: The price continues to stay below the Bollinger Band midline, showing a weak trend, with the support level at 450 and the resistance level at 480.

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