April 5 Morning Analysis: Over the weekend, crypto remains stable at low levels, with tariff digestion entering the "second half," and the main trend logic remains unwavering.

On the morning of April 5 (Sunday), the crypto market continues its pattern of low-level oscillation and recovery over the weekend. In the second trading weekend after tariffs were implemented, core assets like BTC continue to fluctuate narrowly above key support levels, with panic sentiment further retreating and trading volume remaining subdued. This confirms the market’s quick pricing of short-term negative news: after the emotional release phase, it is gradually shifting toward rational observation and waiting for catalysts.

Key points from the morning market performance (based on real-time observation):
- Cryptocurrency: BTC holds above the critical support zone around $66,000-$67,000, with slight recovery but limited strength. Bulls show strong defensive resolve, with no signs of panic selling. Liquidity was extremely low on Sunday morning, and price volatility narrowed. The mid-term target range of $78,000-$82,000 remains valid; current levels appear more like a consolidation phase.
- Gold: The bullish high-level pattern remains unchanged, with safe-haven demand continuing to support prices. Gold maintains high-level oscillation, demonstrating strong resilience.
- Stock Market: Closed over the weekend; Monday’s opening will be an important indicator. If no new tariffs or macro negative news emerge, the risk asset recovery trend is likely to continue.

Morning sentiment and signal interpretation:
- Accelerated digestion of negative news: The weekend’s stable performance further confirms that most of the negative impact from tariffs has been priced in. The weekend after policy shocks is usually a window for emotional recovery, not a phase for shorting.
- External variables: The Federal Reserve’s easing expectations remain unchanged, and the "ceasefire expectation" (trade negotiations easing signals) remains the core catalyst for April. Any positive progress could trigger a rapid rebound.

My April strategy remains unchanged:
Tariffs are short-term noise; the main trend continues to be the ceasefire expectation + Fed policy space. Current BTC pullbacks are good opportunities for phased positioning, with the mid-term target of $78,000-$82,000 unchanged; gold continues to serve as a core hedge allocation.

One-sentence summary of the morning:
The tariff story is winding down; weekend crypto stability and oscillation show market resilience is recovering. Don’t be misled by low liquidity noise—stay firm on the April main trend—once catalysts arrive, the market will switch to an upward channel.

Stay calm, and if news remains quiet on Sunday, next Monday’s sentiment window is worth close attention. Crypto market oscillation is normal; the true climax of April may still be brewing in the second half of the month.