The cryptocurrency market is currently in a downturn, with major coins like Bitcoin and Ethereum experiencing significant price drops.

Despite the market slump, Ethereum shows signs of a bullish reversal pattern with a breakout target of $3,695, and altcoins Helium and Shiba Inu may potentially break out in the near future.

Hong Kong's launch of six new Bitcoin and Ether ETFs had a disappointing first-day trading volume, but there remains optimism for the region's financial market potential.

MicroStrategy's latest earnings reveal a decline in revenue and a deeper net loss, though the company has increased its Bitcoin holdings significantly.

Coinbase Global is anticipated to report positive first-quarter earnings, supported by increased trading volumes and higher fees, with potential indications for an earnings beat.