According to CrypNuevo, Blofin has initiated a trading reward program that offers USDT withdrawable rewards based on trading volume from April 2nd to April 23rd. This program automatically applies to both existing and new signups using CrypNuevo's referral link. The incentive aims to increase trading activity on the platform by providing financial rewards proportional to the user's trading volume, potentially impacting trading patterns and liquidity on Blofin during this period.

According to CrypNuevo, the W pattern for Bitcoin has played out, allowing for futures trading with easy invalidation below the lows. However, it is premature to assert a bullish momentum since Bitcoin remains below the main resistance level of $91.5k and is experiencing choppy consolidation between the 1D50EMA and 1W50EMA. This suggests caution as the market lacks clear bullish signals above these critical resistance levels.

According to CrypNuevo, traders can gain access to a specialized TradingView Indicator by verifying their Blofin UID through a designated Telegram bot. This tool aims to help traders identify long wicks, which can be crucial for making informed trading decisions. The process involves taking a few trades and then completing verification, potentially enhancing traders' ability to capitalize on market movements. [Source: CrypNuevo's Twitter]

According to CrypNuevo, the latest significant observation in the lower time frames (LTF) is the appearance of a new wick to the downside, which suggests a high probability of it being filled soon. The challenge lies in predicting the market's reaction to this movement, especially with the upcoming release of Non-Farm Payrolls (NFP) data, which is critical for assessing labor market conditions. Traders should closely monitor these developments for potential market shifts.

According to CrypNuevo, there is a potential scenario in the cryptocurrency market where the CME gap that occurred over the weekend might be filled. This is a common occurrence, although it does not need to happen immediately. Traders should monitor the market for a reaction after the wick fill, which could lead to the formation of a W pattern, a bullish indicator. This information is relevant for traders looking to identify potential entry points and market movements. Source: CrypNuevo.

According to CrypNuevo, Bitcoin is currently experiencing compression between the 1-week 50 EMA and the 1-day 50 EMA, which historically precedes an aggressive market move. The pattern suggests potential for multiple retests of the bull market support before a decisive movement occurs.

According to CrypNuevo, the current market situation hints at a potential movement if the local low of $81.6k is breached, based on historical support retests. This analysis suggests a strategy focusing on monitoring the local low as a critical point in the price action.

According to CrypNuevo, a strategy that aided in achieving financial freedom involves redirecting high-risk trading profits into lower-risk passive income sources such as rental properties, while maintaining investments in cryptocurrencies like BTC, ETH, and SOL.

According to CrypNuevo, the recent retrace of Bitcoin back to the low 80s is not a cause for concern from a higher time frame perspective. CrypNuevo suggests that this movement is part of usual market manipulation aimed at stop losses and liquidations. The commentary implies that traders should not panic over this retrace as it is a normal market behavior. Source: CrypNuevo on Twitter.

According to CrypNuevo, recent Bitcoin price movements were anticipated as a liquidity hunt scenario, and traders were warned accordingly to avoid losses. CrypNuevo expressed satisfaction in successfully alerting followers and plans to share future trade strategies.

According to CrypNuevo, the short-term forecast for BTC suggests good liquidity on both sides due to liquidations, but there is potential for more stop-losses (SLs) to the downside over the next seven days. This indicates a possible price movement lower in the near term. Source: CrypNuevo on Twitter.

According to CrypNuevo, Bitcoin has shown a strong reaction from the 1W50EMA, marking it as a potential buy zone and possible bottom for the current correction phase. The critical price level to watch is $91.5k, which represents the previous range lows. Flipping this level would signal a positive trend reversal. Additionally, a revisit to the $82k-$81k range is anticipated but not necessary for recovery.

According to CrypNuevo, the first $1k movement of Bitcoin this week was predicted accurately, resulting in a gain of $86k. Despite this success, CrypNuevo expressed caution and decided against making further trades until reaching a destination to better analyze market momentum.

According to CrypNuevo, market sentiment for Bitcoin has improved following the short liquidations at $87.1k. This change presents a potential opportunity for market makers to induce volatility again. A potential pullback is anticipated over the next 1-2 weeks as the market might retrace its recent recovery.

According to CrypNuevo on Twitter, a new campaign will be launched next week on the Blofin exchange, offering trading benefits based on deposits and trading activities. This campaign aims to incentivize users to engage more actively on the platform, potentially impacting trading volumes and liquidity. CrypNuevo emphasizes the no-KYC feature of Blofin, which may attract traders seeking privacy. (Source: CrypNuevo Twitter)

According to CrypNuevo, the primary liquidations in the low-time frame are currently on the downside, indicating long liquidations due to recent market bounces that have given retail traders confidence to go long. However, market makers might be strategizing a new purge, with significant liquidity positioned at $82.7k and $81k.

According to CrypNuevo, the current market exhibits a support trendline, yet there are numerous stop-loss orders positioned below it, as well as liquidation levels above. This suggests a potential partial retracement of the recent upward movement, highlighting the need for traders to be cautious of risks involved.

According to CrypNuevo, the bull market structure remains intact in high time-frame analysis. The market has successfully retested the 1W50EMA, a key support level in previous cycles. The bounce off this level suggests stability, provided the $77k mark holds.

According to Liquidity Doctor (@doctortraderr), CrypNuevo (@CrypNuevo) is the single influencer to follow for Bitcoin (BTC) analysis, referring to him as the 'only & only Market cheater'. This recommendation suggests that CrypNuevo's insights are highly valued for trading decisions in the cryptocurrency market.

According to CrypNuevo, a significant BTC liquidation target of $87.1k was successfully hit during a Sunday update. CrypNuevo expressed gratitude for the ability to profit from trading skills and shared this success with the community, hoping others also had a profitable trading week.