ING’s Chief Economist for Greater China, Lynn Song, notes that China’s CPI inflation eased to 1.0% year-on-year after Lunar New Year, while PPI turned positive for the first time since 2022. 🔗 Source
Bittensor's TAO risks 45% dip amid 'decentralization theater' accusation
TAO drops 30% from its weekly high, confirming fractal setups that projected deeper downside targets for the token in the past. 🔗 Source 💡 DMK Insight TAO’s 30% drop from its weekly high isn’t just a blip—it’s a signal of deeper bearish sentiment. This decline aligns with previous fractal setups that hinted at further downside targets, suggesting traders should brace for more volatility. If TAO continues to slide, the next key support levels will be crucial to watch, as they could trigger panic selling or attract bargain hunters. Given the current market conditions, where many altcoins are under pressure, this could also affect related tokens in the ecosystem. But here’s the flip side: if TAO finds support and reverses, it could attract speculative buying, especially if broader market sentiment shifts positively. Keep an eye on the daily chart for any signs of reversal patterns or volume spikes that could indicate a potential bounce back. The real story here is whether TAO can hold above its next support level or if it will break down further, leading to cascading effects across similar assets. 📮 Takeaway Watch for TAO’s next support level; a break below could lead to increased selling pressure, while a bounce might signal a buying opportunity.
CoreWeave lands multi-year agreement with Anthropic to run AI workloads
CoreWeave said the agreement means it now serves nine of the 10 major developers of large language models for artificial intelligence. 🔗 Source 💡 DMK Insight CoreWeave’s new agreement is a game changer for AI infrastructure, and here’s why: By securing contracts with nine out of ten major developers of large language models, CoreWeave is positioning itself as a dominant player in the AI space. This could lead to increased demand for its services, particularly as AI adoption accelerates across various sectors. Traders should keep an eye on how this impacts CoreWeave’s revenue growth and market share. If the company can leverage this agreement effectively, we might see a bullish trend in its stock or related assets. However, it’s worth noting that competition in the AI infrastructure market is fierce. Other players could respond aggressively, potentially impacting CoreWeave’s margins. Traders should monitor any shifts in pricing strategies or service offerings from competitors. Key metrics to watch include CoreWeave’s quarterly earnings reports and any announcements regarding new partnerships or technological advancements. The next earnings call could provide critical insights into how this agreement translates into financial performance. 📮 Takeaway Watch for CoreWeave’s upcoming earnings report for insights on revenue growth driven by its new AI agreements.
Bitcoin analysis sees $55K BTC price 'iron bottom' by December 2026
New BTC price analysis predicted that the bear market would bottom out later in the year, before beginning a “two-year accumulation phase.” 🔗 Source 💡 DMK Insight BTC’s current price of $72,868 is a critical pivot point for traders looking to position themselves ahead of a potential accumulation phase. If the bear market truly bottoms out this year, it could signal a shift in sentiment, especially if we see sustained buying pressure around this level. Traders should keep an eye on volume trends and any bullish divergences on the daily charts, as these could indicate a reversal. The broader crypto market often reacts to BTC’s movements, so expect altcoins to follow suit if BTC stabilizes or begins to rally. However, it’s worth questioning whether the predicted accumulation phase will materialize as expected. Market sentiment can shift rapidly, and external factors like regulatory news or macroeconomic changes could derail this outlook. Watch for key resistance levels around $75,000 and support near $70,000—these will be crucial for determining the next move. 📮 Takeaway Monitor BTC’s price action around $70,000 to $75,000; a breakout could signal the start of the anticipated accumulation phase.
Bitcoin hits $73K as cool US CPI data shows 60-year record gas price hike
Bitcoin saw a fresh attempt to hit new local highs on the back of lower-than-expected US CPI data, despite a giant gas-price increase. 🔗 Source 💡 DMK Insight Bitcoin’s push for new local highs is fueled by lower-than-expected US CPI data, but rising gas prices could complicate the bullish narrative. The CPI data suggests inflation may be cooling, which often leads to a more favorable environment for risk assets like Bitcoin. Traders might see this as a signal to increase their positions, especially if Bitcoin can sustain momentum above recent resistance levels. However, the spike in gas prices could exert upward pressure on overall inflation, potentially leading to a more hawkish stance from the Fed. This duality creates a tricky landscape for traders. Keep an eye on Bitcoin’s price action around key levels—if it can break above its recent highs, it might attract more buying interest. Conversely, if inflation concerns resurface due to energy costs, we could see a pullback. Watch for volatility in the coming days, especially as market participants digest these mixed signals. 📮 Takeaway Monitor Bitcoin’s ability to break above recent highs while keeping an eye on gas prices and inflation trends for potential volatility.
Bittensor's TAO risks 45% dip amid 'decentralization theater' accusation
TAO drops 30% from its weekly high, confirming fractal setups that projected deeper downside targets for the token in the past. 🔗 Source 💡 DMK Insight TAO’s 30% drop from its weekly high isn’t just a blip—it’s a clear signal for traders to reassess their positions. This decline aligns with previously identified fractal setups, which often indicate further downside potential. Traders should be cautious, as this could lead to a cascade effect, impacting not just TAO but also correlated assets in the altcoin space. If TAO continues to slide, watch for key support levels that could trigger panic selling or, conversely, attract bargain hunters. The broader market sentiment is shaky, and with volatility expected, it’s crucial to monitor the daily charts for any signs of reversal or further weakness. Keep an eye on the 50-day moving average; a breach could signal a more significant downtrend. On the flip side, if TAO finds support and starts to consolidate, it might present a buying opportunity for those willing to take a risk. But for now, the focus should be on managing risk and watching for potential rebounds or further declines. 📮 Takeaway Watch TAO closely for support levels; a breach of the 50-day moving average could signal deeper declines, while consolidation may offer a buying opportunity.
Bitcoin traders set $88K target as market bias finally tilts toward bulls
Bitcoin holding above $72,000, along with a sharp uptick in whale activity, suggests traders may target the supply zone at $88,000. 🔗 Source 💡 DMK Insight Bitcoin’s stability above $72,000 is a bullish signal, especially with increased whale activity. Whales often indicate market sentiment shifts, and their recent accumulation could be a precursor to a price surge towards the $88,000 supply zone. Traders should watch for any breakout above this level, as it could trigger further buying momentum. However, if Bitcoin fails to maintain its position above $72,000, we might see a pullback that tests lower support levels. It’s worth noting that previous price action around key levels often leads to increased volatility, so be prepared for potential swings. Keep an eye on the daily chart for any signs of consolidation or reversal patterns. If Bitcoin can hold above $72,000 and the whales continue their buying spree, we could see a rapid approach to that $88,000 target. Conversely, a drop below $70,000 might signal a shift in sentiment, prompting traders to reassess their positions. 📮 Takeaway Watch for Bitcoin’s ability to hold above $72,000; a breakout towards $88,000 could follow, but a drop below $70,000 may signal a bearish shift.
Price predictions 4/10: BTC, ETH, XRP, BNB, SOL, DOGE, HYPE, ADA, BCH, LINK
Bitcoin bulls spent the week stampeding toward a critical overhead resistance level, which, if breached, could restart the bull market in BTC and altcoins. 🔗 Source 💡 DMK Insight Bitcoin’s surge to $72,883 is more than just a number—it’s a potential game changer for the entire crypto market. Bulls are eyeing that critical resistance level, and if they can push through, we might see a significant rally not just in BTC but across altcoins as well. This isn’t just about Bitcoin; it’s about market sentiment. A breakout could trigger FOMO among retail traders and prompt institutions to re-enter the space, driving prices higher. Watch for volume spikes as confirmation; if we see sustained buying pressure above this level, it could signal a new bullish trend. But here’s the flip side: if Bitcoin fails to breach this resistance, we could see a sharp pullback, potentially dragging altcoins down with it. Traders should keep an eye on the $70,000 support level as a potential stop-loss point. The next few days are crucial—monitor the daily closes closely for signs of strength or weakness. 📮 Takeaway Watch for Bitcoin to break above $72,883; a successful breach could ignite a bull run across altcoins, while failure may lead to a pullback towards $70,000.
Bitcoin charts point to $80K in April: Here’s how it may happen
Technical analysis, overhead supply awaiting absorption, and a shift in investor sentiment have increased the likelihood of Bitcoin reaching $80,000 in April. 🔗 Source 💡 DMK Insight Bitcoin’s potential surge to $80,000 in April isn’t just a number—it’s a signal of shifting market dynamics. The combination of technical analysis and investor sentiment suggests that traders should be on high alert. If Bitcoin can break through key resistance levels, we might see a rapid influx of buying pressure. Look for the $75,000 mark as a critical pivot point; if it holds, that could trigger a wave of momentum buying. But don’t ignore the overhead supply—there’s a lot of selling interest that could cap gains if not absorbed quickly. On the flip side, if Bitcoin fails to maintain upward momentum, we could see a sharp pullback, especially if broader market conditions turn sour. Keep an eye on correlated assets like Ethereum, as their movements often influence Bitcoin’s trajectory. Watch for any shifts in trading volume or sentiment indicators that could signal a change in direction. 📮 Takeaway Monitor Bitcoin’s price action around $75,000; a sustained break above could lead to a push towards $80,000 in April.
Morning Minute: Bitcoin Breaks $73K as Strategy's STRC Bid Grows
Strategy’s STRC is buoying the Bitcoin bid, Galaxy stock is ripping, and Scott Bessent told the Senate to pass the Clarity Act—with Brian Armstrong chiming in. 🔗 Source 💡 DMK Insight Bitcoin’s recent surge is getting a boost from STRC’s strategy, and here’s why that matters for traders right now: The positive sentiment around Bitcoin is being amplified by STRC’s strategic moves, which could signal a shift in institutional interest. With Galaxy Digital’s stock also on the rise, it indicates that institutional players are gaining confidence in the crypto space. This could lead to increased liquidity and further price appreciation for Bitcoin. Traders should keep an eye on key resistance levels; if Bitcoin can hold above its recent highs, it might attract more buyers. Scott Bessent’s push for the Clarity Act is another important factor. If passed, it could provide much-needed regulatory clarity, potentially opening the floodgates for institutional investments. However, there’s a flip side: if the legislation stalls, we could see a pullback as traders reassess their positions. Watch for Bitcoin’s price action around critical support levels, as any failure to hold could trigger a wave of selling. Keep an eye on Galaxy Digital’s performance as a barometer for institutional sentiment in the crypto market. 📮 Takeaway Watch Bitcoin’s resistance levels closely; a sustained move above recent highs could signal increased buying interest, especially if the Clarity Act gains traction.