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Crypto Technical Analysis Report – 18th April 2025

  • Crypto trading activity slowed in Q1 2025 with a 16.3% decline in spot trading volume on top exchanges.
  • Bitcoin saw an all-time high of $109,356 but closed Q1 down 11.6%, amidst global economic uncertainty.
  • BTC's surge to $85,000 sparked optimism despite market downturns and trade war tensions.
  • Bitcoin's resilience hints at a potential decoupling from traditional assets.
  • Ethereum faced declining market share and user activity, preparing for the Pectra upgrade.
  • Central banks consider increasing monetary supply amid diverging global economic trends.
  • BTC corrected to $74,508, rebounded to $86,100, and currently consolidates at $83,000-$86,000.
  • ETH traded within a descending channel, bounced back to $1,691, with support at $1,350.
  • SOL, after reaching $295.8, fell to $95.26, displaying indecision with a Long Legged Doji.
  • Market updates include approval of Arizona's Digital Assets Reserve Bill, Trump's criticism of Powell, and Ripple's Hidden Road broker-dealer license.

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