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April 22 Crypto Market
Trump’s bottom line is getting lower and lower. With no Iranian side showing up for talks, he himself announced an indefinite ceasefire. Meanwhile, on Iran’s side, they’ve been putting out signals that the U.S. is about to open the strait, and the news flow is leaning more positive.
From the chart, we’ve again reached the previous high at 78,000. During the rally, resistance is light, funding rates are hovering around 0, and trading volume is shrinking. The current resistance level is the Fibonacci 0.618 line (78,000). If it can break through, it could move up to 80,000.