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April 4 Cryptocurrency Market Analysis
【Beware of the last drop that could trigger panic】
Strategy: ✅Manage your positions—keep light short positions✅
1️⃣ Overall Market 【BTC ETH】 Current key support levels:
【BTC】Short with a small position
Entry: 67,800
Stop loss: 68,000
Take profit: Take profit 1: 65,500, Take profit 2: 62,500, Take profit 3: 60,000
【ETH】Short with a small position
Entry: 2,095
Stop loss: 2,110
Take profit: Take profit 1: 1,935, Take profit 2: 1,850, Take profit 3: 1,750
2️⃣ 【ETH & BTC】 The outlook is consistent: there’s been no movement these past two days, and volatility is low. In this low-volatility environment, you can trade back and forth, but be careful—there may still be one more round of panic selling. If it doesn’t strongly push up, and even if non-farm beats expectations, it will just spike upward like a quick jab and then end there. The market remains skeptical about the authenticity of the non-farm data; if the shift is too fast, it’s obviously fake. Non-farm data may be used to adjust and cooperate with the market’s “harvesting,” but there’s no news worth trusting—face the market directly. Be careful of a sharp crash that triggers panic selling. If it doesn’t break, then it won’t establish; with no clear trend and weak activity, if it’s not going up, then it’s going down.
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All views represent only personal opinions
Not investment advice—DYOR
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