1. Bitcoin (BTC) Market Analysis
• Current Trend: Bitcoin is currently fluctuating between 82500 and 84000. After previously reaching a high of 84700, it has since declined, indicating a downward trend in the short term.
• Technical Indicators:
◦ MACD Indicator: From the daily chart, the indicator shows stronger bearish momentum, and Bitcoin may continue to adjust in the short term.
◦ EMA Indicator: Bitcoin has shown relatively weak performance in the short term, but from the daily EMA indicator, the overall upward trend is still present. This indicates that, in the medium to long term, Bitcoin is still viewed positively, although it may consolidate sideways or experience slight corrections in the short term.
◦ 4-hour Chart: The low points of Bitcoin's price are gradually rising, and the current price is adjusting below the midline of the 4-hour chart. If the price stabilizes, it may rebound to the upper boundary of the range between 84500 and 85500.
Action Suggestions:
• Short Selling: When the price reaches 84500 - 85500, short in batches. If the price rises to 86000, you can add to your short position. Set the stop-loss 500 points above the entry point, targeting sequentially at 82500, 81500, and 80500.
• Long Buying: When the price is between 81500 - 80500, buy in batches. If the price drops to 80000, you can add to your long position. Set the stop-loss 500 points below the entry point, targeting sequentially at 83500, 84500, and 85500.
2. Ethereum (ETH) Market Analysis
• Current Trend: The current price of Ethereum is 1785. After recently dropping from 1950, it has entered the oversold territory. In the short term, the price may fluctuate between 1780 and 1820.
• Technical Indicators:
◦ MACD Indicator: From the daily chart, the indicator is converging, indicating a potential change in direction. However, from the 4-hour EMA indicator, it is still in a bearish arrangement, with Ethereum showing weak performance in the short term.
◦ Key Support and Resistance Levels: 1750 is a key support level; if the price falls below 1750, it may further decline to 1700. The resistance level above is between 1850 and 1920.
Action Suggestions:
• Short Selling: When the price reaches 1850 - 1920, short in batches. If the price rises to 1980, you can add to your short position. Set the stop-loss 50 points above the entry point, targeting sequentially at 1820, 1760, and 1720.
• Long Buying: When the price is between 1750 - 1780, buy in batches. If the price drops to 1700, you can add to your long position. Set the stop-loss 50 points below the entry point, targeting sequentially at 1850, 1900, and 1950.
3. Market Sentiment and Risk Reminder
• Bitcoin ETF: Recently, the inflow of funds into Bitcoin ETFs has slowed down, and many investors are on the sidelines.
• Ethereum ETF: The outflow of funds from the Ethereum ETF is quite evident, and the price of Ethereum will face certain pressure in the short term. However, if the RWA (Real World Asset) sector continues to develop, it may provide long-term support for Ethereum.
• Key Events in April: The US tariff policy on April 2 and the non-farm payroll data on April 4 may cause market fluctuations. Be cautious of significant volatility in the market in the short term.
Summary: In the short term, Bitcoin and Ethereum may continue to maintain a volatile market. It is recommended to adopt a strategy of buying low and selling high, with strict stop-loss settings. Wait until the market trend becomes clearer before considering increasing investment positions!