币界网报道：From September 2023 to April 2024, the prices of Ethereum and Bitcoin continued to rise for 7 months. The GDP data of the United States shows that economic growth has slowed down, leading to a weakened investor confidence in the Federal Reserve's interest rate reduction. This week, the fear and greed index has risen, indicating that market sentiment is more inclined towards greed rather than fear. In terms of technical analysis, all major cryptocurrencies are below the 50-day moving average, and the RSI indicator is also showing a downward trend. The increase in the reserve quantity of Ethereum may reflect an enhanced confidence in the market outlook. The Securities and Exchange Commission (SEC) of the United States has decided to delay the decision on several ETF applications, indicating that the agency is not in a hurry to replicate the experience in Hong Kong.
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币界网报道：From September 2023 to April 2024, the prices of Ethereum and Bitcoin continued to rise for 7 months. The GDP data of the United States shows that economic growth has slowed down, leading to a weakened investor confidence in the Federal Reserve's interest rate reduction. This week, the fear and greed index has risen, indicating that market sentiment is more inclined towards greed rather than fear. In terms of technical analysis, all major cryptocurrencies are below the 50-day moving average, and the RSI indicator is also showing a downward trend. The increase in the reserve quantity of Ethereum may reflect an enhanced confidence in the market outlook. The Securities and Exchange Commission (SEC) of the United States has decided to delay the decision on several ETF applications, indicating that the agency is not in a hurry to replicate the experience in Hong Kong.