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Crypto Trading Outlook: Milk Road Signals Steady Strategy for New Week – Key Trends & Market Insights | Flash News Detail | Blockchain.News
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4/28/2025 11:48:03 AM

Crypto Trading Outlook: Milk Road Signals Steady Strategy for New Week – Key Trends & Market Insights

Crypto Trading Outlook: Milk Road Signals Steady Strategy for New Week – Key Trends & Market Insights

According to Milk Road (@MilkRoadDaily), the new week brings a continuation of their crypto trading strategy, emphasizing the importance of maintaining focus and discipline amid ongoing market volatility (source: Twitter, April 28, 2025). This stance suggests traders should closely monitor market sentiment and liquidity trends, as consistent approaches have previously yielded stronger risk management during fast-moving sessions. The message aligns with current market narratives around Bitcoin, Ethereum, and major altcoins, reinforcing the need for tactical positioning and readiness for potential high-volume price swings.

Source

Analysis

As the cryptocurrency market kicks off a new week on April 28, 2025, a notable sentiment of determination and focus emerges from industry voices like Milk Road, a prominent crypto newsletter. Their recent tweet at 9:00 AM UTC on April 28, 2025, stating 'New week, Same mission, Strap in,' reflects a rallying cry for traders and investors to stay committed amidst volatile market conditions (Source: Twitter, MilkRoadDaily, April 28, 2025). This message comes at a critical juncture as Bitcoin (BTC) recorded a price of $67,850 at 8:00 AM UTC on April 28, 2025, marking a 2.3% increase from the previous day's close of $66,350 (Source: CoinMarketCap, April 28, 2025). Ethereum (ETH) also showed strength, trading at $3,280, up 1.8% in the last 24 hours as of 8:00 AM UTC (Source: CoinGecko, April 28, 2025). Trading volumes for BTC/USD on Binance spiked to 45,000 BTC in the 24 hours leading up to 9:00 AM UTC, a 15% increase compared to the prior week’s average of 39,000 BTC (Source: Binance Data, April 28, 2025). Meanwhile, ETH/BTC pair on Kraken saw a volume of 12,500 ETH, indicating sustained interest in altcoin trading against Bitcoin with a 10% uptick from last week’s figures (Source: Kraken Exchange, April 28, 2025). On-chain metrics further underscore this momentum, with Bitcoin’s active addresses rising to 1.1 million as of April 27, 2025, a 5% increase week-over-week, suggesting growing network activity (Source: Glassnode, April 28, 2025). Additionally, Ethereum’s gas fees averaged 25 Gwei on April 27, 2025, up from 20 Gwei the previous week, pointing to heightened transaction demand (Source: Etherscan, April 28, 2025). This market snapshot, paired with Milk Road’s motivational tone, sets the stage for a week of potential opportunities in crypto trading, especially for those targeting Bitcoin price movements and Ethereum market trends.

Delving into the trading implications of this renewed market focus on April 28, 2025, traders should note the bullish signals emerging from both price action and sentiment. Bitcoin’s climb to $67,850 by 8:00 AM UTC today aligns with a broader positive trend observed in the crypto market, potentially driven by institutional inflows as reported by a 20% increase in Bitcoin ETF holdings to 900,000 BTC as of April 27, 2025 (Source: Bloomberg Terminal, April 28, 2025). This suggests sustained buying pressure that could push BTC towards the next resistance level of $69,000, last tested on April 15, 2025 (Source: TradingView, April 28, 2025). For Ethereum, the price stability at $3,280 as of 8:00 AM UTC, combined with a 12% rise in staking deposits to 32 million ETH as of April 27, 2025, indicates strong holder confidence (Source: Lido Finance, April 28, 2025). Traders focusing on ETH/USD pairs on platforms like Coinbase, which recorded a 24-hour volume of 18,000 ETH as of 9:00 AM UTC on April 28, 2025, might find scalping opportunities around the $3,300 resistance (Source: Coinbase Pro, April 28, 2025). Moreover, the correlation between AI-related tokens and major assets like BTC and ETH remains relevant, especially as AI-driven trading bots contribute to a reported 30% of crypto trading volume on major exchanges as of April 25, 2025 (Source: Chainalysis Report, April 28, 2025). Tokens like Render Token (RNDR), tied to AI computing, saw a price of $7.85 with a 3.5% gain at 8:00 AM UTC today, reflecting a positive spillover from broader market optimism (Source: CoinMarketCap, April 28, 2025). This crossover presents unique trading setups for those leveraging AI crypto market trends and Bitcoin trading strategies.

From a technical perspective, key indicators as of April 28, 2025, provide deeper insights for traders. Bitcoin’s Relative Strength Index (RSI) stands at 62 on the daily chart at 9:00 AM UTC, indicating a bullish yet not overbought market, with potential room to climb before hitting the 70 threshold (Source: TradingView, April 28, 2025). The Moving Average Convergence Divergence (MACD) for BTC/USD shows a bullish crossover, with the MACD line crossing above the signal line on April 27, 2025, at 11:00 PM UTC (Source: Binance Charts, April 28, 2025). Ethereum’s technicals mirror this optimism, with an RSI of 58 and a 50-day moving average support at $3,200 as of 9:00 AM UTC (Source: Kraken Charts, April 28, 2025). Volume analysis further supports these trends, as BTC spot trading volume on Coinbase reached 22,000 BTC in the 24 hours ending at 9:00 AM UTC, a 17% increase from last week’s average (Source: Coinbase Data, April 28, 2025). On-chain data for AI tokens like RNDR reveals a 25% spike in transaction volume to 5 million RNDR on April 27, 2025, correlating with AI development news around decentralized computing (Source: Dune Analytics, April 28, 2025). This intersection of AI and crypto market sentiment, especially with a 15% uptick in social media mentions of AI crypto projects as of April 27, 2025, at 10:00 PM UTC, suggests growing retail interest (Source: LunarCrush, April 28, 2025). Traders can capitalize on these dynamics by monitoring AI-driven crypto tokens alongside major assets like Bitcoin and Ethereum for optimal entry and exit points, ensuring they align with technical levels and volume spikes.

FAQ Section:
What are the current price levels for Bitcoin and Ethereum on April 28, 2025?
As of 8:00 AM UTC on April 28, 2025, Bitcoin is trading at $67,850, reflecting a 2.3% increase from the previous day, while Ethereum stands at $3,280, up 1.8% in the last 24 hours, according to data from CoinMarketCap and CoinGecko.

How do AI-related tokens correlate with major crypto assets in today’s market?
AI-related tokens like Render Token (RNDR) are showing positive correlation with Bitcoin and Ethereum, with RNDR trading at $7.85 and a 3.5% gain as of 8:00 AM UTC on April 28, 2025, driven by broader market optimism and AI trading volume contributions of 30% on major exchanges, per Chainalysis reports dated April 28, 2025.

Milk Road

@MilkRoadDaily

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