April 1st Morning Bitcoin Analysis



March was a fruitful month with impressive results; April marks a new beginning with wide market fluctuations, intensified bullish and bearish battles, and frequent opportunities.
Currently, Bitcoin is consolidating near the 68,000 level. Although there are signs of a bullish rebound, the conditions for a sustained upward surge are not yet in place.

Today’s overall strategy is to focus on buying on dips.
Resistance above: around 68,500-69,500. Confirmed resistance can be used to gradually short.
Support below: around 67,000-66,000. Stable and effective support can be used to gradually go long.

Market volatility is increasing, with opportunities and risks coexisting. Be sure to strictly manage positions, closely monitor news and market disturbances, and avoid sudden events that could break the current situation. Adjust strategies flexibly based on real-time market conditions.
$BTC $ETH $SOL
#BTC能否守住6.5万美元? #鲍威尔鸽派发言重燃降息预期 #以太坊基金会质押4620万美元ETH #TRUMP团队疑似抛售1606万美元代币
BTC-2,09%
ETH-4,41%
SOL-3,45%
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Earn100OilEveryDayvip
· 04-01 05:33
Dark Clouds Gathering: Trump’s “Time-Limited” Resolution Approaching, Can ETH Find a Bottom Amidst Turmoil?

Geopolitical Extreme Pressure: Trump plans to end the Iran war “within two to three weeks.” This statement usually indicates two possibilities: either a quick agreement (positive), or launching a larger-scale military operation for a swift victory (short-term negative, long-term safe-haven demand surges).

Energy and Supply Chain Crisis: The UAE plans to collaborate with the U.S. military to forcefully breach the Strait of Hormuz. As the world's oil choke point, if conflict escalates, soaring oil prices will trigger inflation pressures that directly limit the Federal Reserve’s room to cut interest rates, putting pressure on risk assets (cryptocurrencies).

Trump will deliver a nationwide speech on Thursday morning (Beijing time). During this pre-speech vacuum period, the market is likely to remain in a state of high volatility and low liquidity “panic waiting.”

Currently, ETH is experiencing liquidity squeeze caused by geopolitical tensions.
Short-term performance: Due to war uncertainty, ETH is closely correlated with U.S. stocks, currently in a volatile downward phase testing for a bottom.

At this moment, hold your horses, wait for Thursday morning’s speech, prepare your U, and get ready for “blood trading.”
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