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02:23
Analyst: The crypto market remains in a structurally bearish defensive state
BlockBeats News, on April 17, crypto market analyst Axel published a report stating that since early 2026, capital has continued to flow out of the Bitcoin network, the realized market cap has continued to decline, and the market cap growth rate has never turned positive. The current 30-day realized market cap change remains negative (-0.32%), but has narrowed compared to -0.54% at the beginning of April. Outflows have slowed, but a reversal has not yet been confirmed. Axel pointed out that as long as the growth differential remains negative, the market is still in a structurally defensive bear state; in order to see a bullish reversal, the inflow of fresh capital needs to be restored.
02:23
StoneX analyst: The US Dollar Index may see a slight short-term increase
According to Golden Ten Data, ChainCatcher reports that StoneX analyst Matt Simpson stated in a research report that based on technical analysis, the US Dollar Index may see a slight increase in the short term. Currently, the US Dollar Index is hovering around the 98.249 level. On Thursday, the 200-day simple moving average formed a "slight bullish" pattern, and the two-day relative strength index is in an extremely oversold state. However, there are several resistance levels, including the 200-day exponential moving average at 98.44 that bulls need to test.
02:15
The crypto market sectors are generally rising, with the AI sector leading the gains by over 12%.
Foresight News reported that, according to SoSoValue data, most sectors of the crypto market are on the rise, with the AI sector showing outstanding performance—up 12.48% in the past 24 hours. Among them, Siren (SIREN) surged 92.70% and SkyAI (SKYAI) rose 32.37%. Additionally, Bitcoin (BTC) fell 0.14%, maintaining levels near 74,000 US dollars; Ethereum (ETH) dropped 1.12%, falling above 2,300 US dollars. In other sectors, the Meme sector was up 12.03% in the past 24 hours, with ORDI (ORDI) climbing 153.69%. The Layer2 sector increased 5.36%, with Celestia (TIA) up 22.55%. The Layer1 sector rose 2.91%, with Polkadot (DOT) up 11.33%. The DeFi sector increased 2.82%, Ethena (ENA) up 11.36%. The PayFi sector rose 2.80%, with Safe (SAFE) up 15.49%. The CeFi sector went up 1.39%, with FTX (FTT) rising 5.43%.The crypto sector indices reflecting historical market performance show that the ssiMeme, ssiLayer2, and ssiNFT indices have respectively risen by 7.74%, 4.91%, and 4.57%.
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