bull

According to The Block, analysts at research firm Bernstein stated in their latest report that the fundamentals of the crypto market are continuously improving. The recent low of $60,000 for Bitcoin has formed a clear bottom, and the current price is approaching $80,000. Driven by institutional demand, a longer structural bull market is expected.Bernstein analyst Gautam Chhugani pointed out the following core driving factors:Institutional channels continue to expand: Morgan Stanley's Bitcoin ETF and Charles Schwab's spot Bitcoin/Ethereum trading platform have been launched one after another, with about 60% of Bitcoin supply not having moved for over a year, indicating a stable holder structure;Strategy continues to increase holdings: its STRC perpetual preferred stock product attracts income-focused investors, with current holdings reaching 818,334 Bitcoins;Demand for stablecoins reaches an all-time high: stablecoin supply has surpassed $30 billion, decoupling from the price cycle of the crypto market, showing that real payment and settlement demand continues to grow;Tokenization of real assets accelerates expansion: the scale of tokenized assets such as private credit and government bonds has reached $345 billion, a year-on-year increase of 110%.Bernstein also noted that quantum computing poses a long-term potential risk, but the blockchain ecosystem is expected to have ample time to complete the post-quantum security transition.

According to monitoring by Bubblemaps, about 50% of the BULL tokens are in a highly concentrated state, hidden within a complex matrix of associated wallets. A cluster of over 100 wallets has transferred some tokens to new wallets and is selling them in small batches to evade monitoring, currently making a profit of about $250,000, with multiple addresses selling at the peak. This cluster still holds 30% of the total supply of BULL.

VanEck analysts Matthew Sigel and Patrick Bush wrote an analysis stating that Bitcoin has shown two historically bullish signals: negative funding rates and a decline in hash rate concentration, while volatility has cooled down.As tensions between the U.S. and Iran eased, Bitcoin's realized volatility dropped from 56% to 41%, while the 7-day average funding rate turned negative to -1.8%, marking the lowest level since 2023.Historically, negative funding rates typically indicate strong future returns: since 2020, the average 30-day return for Bitcoin during periods of negative funding rates has been +11.5%, compared to an overall return of +4.5%, with a hit rate as high as 77%. Funding rates below -5% have brought a +19.4% return over a 30-day period.Additionally, hash rate has fallen to the 16th percentile in the past 30 days, marking the most concentrated decline since the mining ban in 2021. In the last 7 instances of hash rate decline, Bitcoin's price increased 6 times after 90 days, with a median increase of +37.7%.

Glassnode indicates that Bitcoin is currently showing bullish signals, with its Vector framework triggering a clear signal. Among them, a momentum indicator above 0.5 is considered bullish, while below -0.5 is considered bearish, and the current value is 1; meanwhile, the risk index has completely reset to 0.Glassnode states that from the blue shaded area in the chart, it can be seen that after this signal is triggered, the price has historically corresponded to significant upward trends and provided avoidance references during market downturns.

Glassnode tweeted that the whales on Hyperliquid have been anticipating a price breakthrough in this range. Over the past two months, their confidence and long positions have continued to increase, indicating a strong bullish sentiment among large perpetual contract traders.

According to monitoring by Hyperinsight, after the S&P 500 index surged to a new high last week, it has tested the peak three times in a row, with the amplitude gradually narrowing, accompanied by a continuous rise in the bottom support range. The S&P 500 contract on the Hyperliquid platform fell below $7,100 during the pre-market trading session, currently reported at $7,090.The largest long position on the platform for the S&P 500 currently has a scale of $66.28 million, with an average opening price of $6,891, opened on April 10, and the current floating profit still reaches $1.9 million, with no reduction in position during the holding period.It is reported that this address was previously the "largest short" whale for ZEC, holding a long-term bearish view on several altcoins in the crypto market. Currently, the largest position in the crypto portfolio is a short position in HYPE, with a scale of $7.76 million, an average price of $36.91, and a current floating loss of $760,000.

According to CoinDesk, the Bitcoin Coinbase premium index has been positive for 14 consecutive days since April 9, marking the longest bullish record since BTC reached its historical high of over $126,000 in 2025.As the preferred exchange for institutional investors in the United States, Coinbase's sustained positive premium indicates that U.S. institutions such as corporate treasuries, hedge funds, and ETFs are actively buying BTC.

Cryptoonchain has released data on social media indicating that the 50-day simple moving average (SMA) of the Ethereum Taker buy-sell ratio on Binance has risen to 1.018, reaching its highest level since the beginning of 2023. A ratio above 1 indicates that the active buying volume significantly exceeds the active selling volume.This data highlights the aggressive demand in the derivatives market and the strong return of bullish sentiment. If this momentum continues, it will build a solid fundamental basis for mid-term price increases.

OneBullEx confirms participation in the "Crypto 2026: From Cryptocurrency to Smart Economy" themed forum to be held on April 19 in Hong Kong. This event is co-hosted by ChainCatcher and RootData and is one of the important peripheral activities of the Hong Kong Web3 Carnival.OneBullEx is an AI-driven smart platform focused on contract trading. The platform deeply integrates AI automation, transparent execution, and trading infrastructure, providing users with a more efficient, transparent, and verifiable contract trading experience through tools like 300 SPARTANS robots and OneALPHA. This forum will focus on the paradigm shift under the deep integration of AI technology and crypto networks, engaging in in-depth discussions on cutting-edge tracks such as AI Agent economy, smart payments, RWA, and crypto infrastructure.

According to Ark Invest Tracker data, Cathie Wood's ARK Invest reduced its holdings by 11,465 shares of Circle stock (approximately $1.215 million) and 31,417 shares of Bullish stock (approximately $1.367 million).

According to the official announcement from OneBullEx, the platform will officially launch the targeted testing of its AI strategy tool OneAlpha on April 20, 2026, to optimize product experience and collect real user feedback.It is reported that OneAlpha is aimed at futures trading scenarios, allowing users to generate trading strategies through natural language and complete processes such as strategy generation, validation, optimization, and deployment within the platform. During the testing period, users will have priority access to features such as natural language input, strategy logic generation, code generation, strategy validation, strategy optimization, deployment, and performance tracking.The internal testing period is from April 20, 2026, to May 3, 2026, lasting two weeks. Registration will be conducted through targeted invitations, with users invited to participate by BD and official OneBullEx channels, and the registration deadline is April 26. Users can contact customer service through official channels to learn about the registration method and participation details.

Gate is hosting an F1 Red Bull Racing car display parade in Hong Kong, with the display cars appearing around Victoria Harbour and proceeding along a designated route, attracting market and public attention.This parade serves as an important offline action in the cross-industry collaboration between Gate and the F1 Red Bull Racing team, bringing top-tier racing culture into urban landmark scenes, enhancing brand exposure and discussion.From April 18 to 24, Gate will also launch the "Racing the Future" outdoor cross-industry exhibition at the K11 MUSEA waterfront promenade in Hong Kong, which will focus on showcasing Red Bull Racing cars and related equipment, as well as setting up interactive experience areas.As the official sponsor of the F1 Red Bull Racing team, this exhibition will be the first to showcase the brand new 2026 Red Bull Racing car and core equipment, introducing an immersive interactive experience area that recreates the fusion of top racing engineering and the aesthetics of speed.In addition, Gate will hold the "Gate 13 Blue Carpet Ceremony" on April 20, where the unveiling of the F1 Red Bull Racing display car and brand collaboration will take place. That evening, Gate will also host a high-end anniversary dinner event at the Rosewood Hong Kong, where platform founder and CEO Dr. Han will be present, and it is expected that over 300 representatives from top industry institutions and partners will be invited to participate in the exchange.

According to GMGN monitoring, last night, the market capitalization of the Solana ecosystem meme coin BULL briefly surpassed $11 million, and has now fallen back to $8.9 million, maintaining a 30% increase over 24 hours, with a trading volume of $3.4 million during the same period.It is reported that the previous surge of this token was influenced by interactions and follows from the official Shib Twitter and the BULL community account. ChainCatcher reminds users that meme coin trading is highly volatile, largely relying on market sentiment and speculative hype, and has no actual value or use case; investors should be aware of the risks.

According to Cointelegraph, Bitcoin rose over 5% on Tuesday, reaching a daily high of $76,120, the highest level since February 6, successfully reclaiming the key support area of $75,000—where the 100-day exponential moving average and simple moving average intersect. From a technical perspective, Bitcoin broke through the upper boundary of the ascending triangle at $73,000 on Monday.Analyst CryptoBlockto stated, "Bitcoin broke through $76,000, standing above the March high, sending a bullish signal of renewed strength." He pointed out that if the daily close stabilizes above the $75,000 moving average area, it will confirm the breakout of the pattern, with the next resistance level at the psychological barrier of $80,000, and the measured target of the ascending triangle pointing to $89,050, about 18% higher than the current price. The daily RSI has now risen to 63, having previously fallen to the oversold area of 15 on February 6.On-chain data shows that the average daily number of Bitcoin transactions has increased by 62% since 2026, reaching 765,130 on April 5, a new 17-month high, comparable to the level when Bitcoin first broke $100,000 during the 2024 U.S. presidential election. Analyst CW8900 stated, "The current daily transaction count for Bitcoin is higher than when BTC was priced at $120,000, indicating that the network is exhibiting bullish behavior."Glassnode noted in its latest market report that the total fee income from Bitcoin over the past week increased by 4%, rising to $153,700, indicating "increased on-chain demand," and stated, "This growth suggests a rise in network activity and may indicate that users' willingness to increase fee spending for priority processing of transactions is changing."

glassnode published its weekly market outlook, indicating that Bitcoin's price momentum has increased by 51.7%, breaking through previous highs, reflecting a significant enhancement in spot buying power and a strengthening of market buying support.On the other hand, Bitcoin's futures open interest continues to rise, and the options Delta skew shows a moderation of bearish sentiment. Combined with a cooling of on-chain activity, this suggests that the market is currently in a consolidation phase but with improved sentiment. glassnode stated that from a profitability perspective, market pressure has eased. Overall, various indicators collectively suggest that the market is exhibiting strong bullish sentiment, increased investor participation, and enhanced risk appetite, although there are also signs of cautious sentiment and market stabilization.

According to CoinDesk, Bitcoin is currently fluctuating around $70,000, and the overall performance of the cryptocurrency market remains resilient. Meanwhile, mainstream crypto assets like Ethereum, XRP, and Solana are also relatively stable. The key for the market in the short term is whether Bitcoin can hold the important support level of $70,000.This position has now become a dividing line for bulls and bears and has been defended multiple times by "bottom-fishing funds." If it effectively breaks down, the price volatility of Bitcoin may increase due to thin liquidity below. However, if it can stabilize, the market is expected to quickly recover stability. Some viewpoints suggest that with support from capital flows and macro factors, Bitcoin still has the potential to rise to $88,000.Overall, although Bitcoin's price performance is solid, speculative behavior and negative events may suppress market risk appetite in the short term.

According to the official announcement from OneBullEx, the platform's April Member Day event has officially started, allowing OBE points to be exchanged for USDT at a 1:1 ratio, with a prize pool of up to 300,000 USDT. The event runs from April 11, 11:00 to 20:00 (GMT+4), and is divided into 10 rounds, with approximately 1,500 exchange slots available per round, on a first-come, first-served basis, until all slots are filled.It is stated that users need to consume 20 points for each exchange participation, and upon completion of the exchange, the corresponding USDT rewards will be directly credited to their accounts. Users participating in this event must have at least 500 points in their accounts, and the specific amount credited and participation rules are subject to what is displayed on the event page.It is reported that OneBullEx has designated the 11th of each month as a fixed Member Day, continuously strengthening user participation and platform activity through mechanisms such as point exchanges, task incentives, and community interaction. As an important benefit scenario of the OneBullEx points system, Member Day further enhances the exchange attributes and actual usage value of OBE points.