updates

📌 Major Events in April (UTC-GMT) 📌 Thread 🧵 

 Economic Events

* 02/04: President Trump Speaks  - 8 pm
* 03/04: Unemployment Claims - 12:30 pm
* 04/04: Fed Chair Powell Speaks - 3:25 pm 
* 09/04: FOMC Meeting Minutes - 6 pm
* 10/04: CPI - 12:30 pm
* 11/04: PPI - 12:30 pm
* 29/04: JOLTS Job Openings - 2 pm

- $IOST airdrop claim opens
- 12/04: $APT unlocks $60M - Sitiing at major support- still holding my position
- 15/04: Yield Guild Games $YYG launches LOL Land game
- 16/04: $ARB unlocks $30M - At all time low already , a breakout above $0.4 area would be good 
- 23/04: Blockchain Forum in Moscow
- 25/04: Ethereum Pectra upgrade on mainnet 
- 30/04: Token2049

Expected:
- BNB Chain $BNB Lorentz Hardfork
- Initia mainnet and airdrop
- HyperLane TGE and airdrop
- Scroll $SCR mainnet upgrade release
- Binance adds $WAL Walrus

Market Overview:

The market is currently seeing a mix of positive and negative news, with the Fed signaling potential rate cuts in 2025 and optimism for a resolution to tariff issues, conditions seem primed for a major rally that could kick off at any moment. While anything can happen we’re starting to see bullish patterns emerge across many charts. That said we’re still a bit far from key support levels so a retest is possible but for now, BTC appears to be pushing against major resistance, aiming to strt the next big wave up. As I’ve mentioned in previous reports I remain bullish and believe we’ll see the real bull run soon (anything can happen though)

Another key factor is the new SEC administration which is showing support for the crypto industry. For the first time we’re seeing major institutions making big moves into crypto. Big companies are shifting reserves into Bitcoin, and Canary has filed for the Pengu ETF the first of its kind for NFTs and meme tokens as expected. we’ll likely see additional filings for other high market cap tokens soon. Also regulatory pressures are easing with cases and investigations into Kraken, Ripple and Crypto .co m being closed

One of the biggest upcoming catalysts is the Pectra mainnet upgrade for Ethereum set to go live this month. This upgrade is designed to reduce selling pressure on ETH by:  
- Increasing the Maximum Effective Balance for Validators from 32 ETH to 2,050 ETH improving network decentralization and security
- Lowering gas fees  
- Encouraging more ETH to be staked, used or held reducing the immediate incentive to sell
- Boosting adoption and usability which can drive long term ETH demand

Finally major US companies will be releasing their earnings reports this month. Positive results could fuel a stock market rally which often has a direct impact on the crypto market as well

$TOTAL: Still looking bullish holding strong around the $2.6T support level as expected. It appears to be forming a pattern now

$DXY: Following the projected plan and has broken through multiple support levels

$SPX: had a historic run, breaking all time highs. The current chart remains neutral until a breakout above $6K with key support at $5.8K. A confirmed bullish pattern could be forming soon

Crypto Events

- 02/04: Terra $LUNA opens claims portal for investors
- $LINA Linear Finance project closure and token delisting soon 
- opBNB Lorentz testnet hardfork
- 03/04: $W unlocks $110M - $W currently sitting at all time low levels which could present a good opportunity to go long with a setup and stop loss in place
- **04/04**: xionmarkets $XION mainnet launch
- 06/04: Hong Kong Web3 event
- THORChain $THOR Network upgrade
- Orbiter Finance SWAP launches 
- 08/04: Paris blockchain week
- 09/04: $MOVE unlocks $20M - Seems to be at support now. I'd consider going long if it confirms a breakout above $0.55 or touches the $0.35 area
- $NTRN Neutron Mercury upgrade
- Peapods is launching on berachain