Crypto Price Prediction

加密貨幣價格預測

The cryptocurrency market has witnessed a renewed buying interest since Thursday following the Bitcoin price reversal from $56,500. The bullish turnaround has uplifted the BTC price to $63,169, registering a 6% increase since yesterday. The altcoin market also experienced significant gains, with top assets Ethereum (ETH) and Solana (SOL) increasing by 4% in the last 24 hours. Toncoin (TON) and Avalanche (AVAX) saw jumps of 5-7% while leading meme coins Dogecoin and Shiba Inu posted double-digit gains.

自從比特幣價格在周四從 56,500 美元逆轉以來，加密貨幣市場出現了新的購買興趣。看漲的轉變將 BTC 價格推升至 63,169 美元，較昨天上漲 6%。山寨幣市場也經歷了顯著上漲，頂級資產以太坊 (ETH) 和 Solana (SOL) 在過去 24 小時內上漲了 4%。 Toncoin (TON) 和 Avalanche (AVAX) 上漲了 5-7%，而領先的 meme 幣 Dogecoin 和 Shiba Inu 則實現了兩位數的漲幅。

The buying momentum can be attributed to the lack of follow-up from the $60,000 support breakdown and notable inflow from spot BTC ETF.

購買動能可歸因於 60,000 美元支撐位跌破後缺乏後續行動以及現貨 BTC ETF 的顯著流入。

On May 3, 2024, the Bitcoin ETF market witnessed a significant influx, with a net inflow of $343 million after seven days of declines, according to SpotOnChain. The Grayscale Bitcoin Trust (GBTC) recorded its first-ever single-day inflow of $63.0112 million. Leading the inflows, Fidelity Wise Origin Bitcoin Fund attracted $102.6 million, while BlackRock iShares Bitcoin Trust saw a more modest $13 million. This uptick could indicate renewed investor confidence or strategic buying within the Bitcoin ETF sector.

根據 SpotOnChain 的數據，2024 年 5 月 3 日，比特幣 ETF 市場大幅流入，連續 7 天下跌後，淨流入 3.43 億美元。灰階比特幣信託基金（GBTC）首次錄得單日流入 6,301.12 萬美元。 Fidelity Wise Origin Bitcoin Fund 吸引了 1.026 億美元的資金流入，而 BlackRock iShares Bitcoin Trust 則吸引了 1300 萬美元的資金流入。這種上升可能表明投資者對比特幣 ETF 領域的信心或策略性購買有所恢復。

🚨 $BTC #ETF Net Inflow May 3, 2024: +$343M!
• #Grayscale Bitcoin Trust $GBTC experienced the first single-day inflow since its inception.
• The net inflow turned positive after being negative for 7 consecutive trading days.
• 8/10 #BitcoinETFs experienced inflows, led by… pic.twitter.com/PsJUMyeHPy
— Spot On Chain (@spotonchain) May 4, 2024

🚨 $BTC #ETF 淨流入 2024 年 5 月 3 日：+3.43 億美元！ • #Grayscale Bitcoin Trust $GBTC 經歷成立以來首次單日流入。月10 日 #BitcoinETF 經歷了資金流入，由…pic.twitter.com/PsJUMyeHPy — Spot On Chain (@spotonchain) 2024 年5 月4 日

With the relief rally gaining momentum for sustainable recovery, potential buyers can hunt for new long opportunities at top assets like Ethereum (ETH), Cardano (ADA), and Shiba Inu (SHIB).

隨著緩解反彈獲得可持續復甦的動力，潛在買家可以在以太坊（ETH）、卡爾達諾（ADA）和柴犬（SHIB）等頂級資產中尋找新的做多機會。

1) Ethereum (ETH)

1）以太坊（ETH）

Ethereum (ETH) is a decentralized platform that enables developers to build and deploy smart contracts and decentralized applications (dApps). With a market cap of $373.5 billion, Ethereum stands as the second-largest cryptocurrency.

以太坊（ETH）是一個去中心化平台，使開發人員能夠建立和部署智慧合約和去中心化應用程式（dApp）。以太坊市值達 3,735 億美元，是第二大加密貨幣。

Over the past three weeks, the Ether price traded entirely sideways resonating within two horizontal levels of $3282 and $2870. Amid the renewed buying interest in the broader market, the ETH price rebounded 11.9% from the aforementioned low to currently settle at $3149.

在過去的三週裡，以太幣價格完全在 3282 美元和 2870 美元的兩個水平水平內橫向震盪。在大盤重新燃起買盤興趣的情況下，ETH 價格從上述低點反彈 11.9%，目前收在 3,149 美元。

With a modest drop of 3.5%, the 24-hour trading volume is wavering at $11.9 billion, indicating the asset is yet to pick sufficient bullish momentum. Thus, for buyers to regain better control over this coin, they need to escape the range of the wedge pattern (market with two blue trendlines).

24 小時交易量小幅下跌 3.5%，在 119 億美元左右波動，顯示該資產尚未獲得足夠的看漲動力。因此，為了讓買家重新獲得對這種代幣的更好控制，他們需要逃離楔形圖案的範圍（有兩條藍色趨勢線的市場）。

A successful breakout will intensify the ETH price potential to rechallenge the $4090 top.

成功突破將增強 ETH 價格重新挑戰 4090 美元頂部的潛力。

2) Cardano (ADA)

2）卡爾達諾（ADA）

Cardano (ADA) is a blockchain platform designed for sustainability and scalability through a research-driven approach. The prevailing correction trend in ADA price has found a suitable bottom at the $0.42 support.

卡爾達諾（ADA）是一個區塊鏈平台，旨在透過研究驅動的方法來實現永續性和可擴展性。 ADA 價格目前的修正趨勢已在 0.42 美元的支撐位找到合適的底部。

A bullish turnaround from this floor has uplifted the altcoin value by 13.5% in four days to currently trade at $0.47. As per the coinmarketcap, the market cap of Cardano surged to $18.9 billion, while the 24-hour trading volume is recorded as $293.5 million.

在此基礎上的看漲轉變已使山寨幣價值在四天內上漲了 13.5%，目前交易價格為 0.47 美元。根據coinmarketcap，卡爾達諾的市值飆升至189億美元，而24小時交易量則達到2.935億美元。

An analysis of the daily chart shows the recent upswing as the formation of a bullish reversal pattern called Double Bottom. Under the influence of this pattern, the Cardano price is likely to breach the swing high resistance of $0.52, marking an initiated change in the market dynamic.

日線圖分析顯示，近期上漲是形成稱為「雙底」的看漲反轉模式。在此模式的影響下，卡爾達諾價格可能會突破 0.52 美元的波動高點阻力，這標誌著市場動態開始改變。

The post-breakout rally could allow buyers to chase a potential target of $0.62, followed by $0.684 and $0.81.

突破後的反彈可能會讓買家追逐 0.62 美元的潛在目標，隨後是 0.684 美元和 0.81 美元。

3) Shiba Inu (SHIB)

3）柴犬（SHIB）

Shiba Inu (SHIB) is a meme cryptocurrency that originated as a playful alternative to Dogecoin, leveraging the same Shiba Inu dog breed as its mascot. In the last three weeks, the SHIB price has showcased strong sustainability above $0.000002, with the assistance of a $100-day EMA slope.

柴犬（SHIB）是一種迷因加密貨幣，最初是狗狗幣的有趣替代品，利用相同的柴犬品種作為其吉祥物。過去三週，在 100 日均線斜率的幫助下，SHIB 價格在 0.000002 美元上方表現出強勁的可持續性。