Financial Research Society ~ April 6, 2025

Recently, tariff issues have triggered significant volatility in the cryptocurrency, U.S. stock, and gold markets. Trump has urged Federal Reserve Chairman Powell to cut interest rates, claiming that now is the best time for a reduction.

Powell stated that weak economic growth and rising inflation offset each other, leading the Federal Reserve to maintain expectations of two rate cuts in 2025, completely disregarding Trump.

The market's fear and greed index is at 34, indicating fear, and the market continues to undergo choppy adjustments with weak rebounds. Bitcoin's daily chart is constrained by its lifeline and the middle band of the Bollinger Bands, and it has not yet stabilized at the daily level.

Bitcoin's reference range for today:

Support levels: around 82,500, around 82,000, around 81,300

Resistance levels: around 83,500, around 84,200

Ethereum's reference range for today:

Support levels: around 1,770, around 1,750, around 1,680

Resistance levels: around 1,810, around 1,840

The market rebound is weak. For short-term operations, consider entering in batches during deep corrections, controlling position sizes, and taking profits during rebounds. It is recommended to only engage in short-term rebound trades until Bitcoin stabilizes on the daily chart.