CoinWorld report: The Hong Kong Special Administrative Region is accelerating the launch of Bitcoin Exchange Traded Funds (ETFs) to become a major participant in the Asian financial market. Official announcements and approvals are expected to be announced soon, signaling Hong Kong's commitment to becoming a leading ETF provider in Asia. This move is expected to attract global investors and drive the adoption of cryptocurrencies. The United States successfully launched a Bitcoin spot ETF in January, attracting approximately $12 billion in capital inflows. Hong Kong's financial revival aims to revitalize the financial industry amid the backdrop of the pandemic and geopolitical tensions. With the launch of Bitcoin ETFs, Hong Kong is expected to become one of the world's major markets.

Market Analysis:

BTC: On the 4-hour chart, the price has fallen below the middle Bollinger Band, indicating a weak trend.

On the daily chart, the price continues to fluctuate near the moving average.

In summary, the support level is at 68800, and the resistance level is at 69300.

ETH: On the 4-hour chart, the price is fluctuating near the middle Bollinger Band, with support at 3500 and resistance at 3540.

LTC: The price continues to fluctuate near the lower Bollinger Band, showing a weak trend, with support at 94 and resistance at 100.

BCH: The price has fallen below the lower Bollinger Band, indicating a weak trend, with support at 600 and resistance at 630.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。