Recent market fluctuations are actually quite clear, and the trading range is evident, with poor trading volume.
1. #BTC , expected range 94800-93500, expected trend is a rise followed by a fall;
2. #ETH , expected range 1820-1780, expected trend is a rise followed by a fall;
3. No important data/events today.
Tuesday 22:00 JOLTs job openings (expected to be slightly positive)
Wednesday 20:15 US ADP employment numbers (expected to be positive), 20:30 US Q1 GDP, 22:00 US March PCE price index
Thursday around noon Japan's central bank interest rate (to prevent negative impact from interest rate hikes)
Friday 20:30 Non-farm payrolls/unemployment rate
[Market Analysis]
On Saturday and Sunday, the large and small contracts showed a rise followed by a fall. The rise continues the upward momentum from last week, while the fall is due to the lack of positive news over the weekend and Monday, leading to prices being relatively high and profit-taking.
Today there are no important data/events, with a balance between long and short positions.
The market is expected to show narrow fluctuations, with a rise followed by a fall.
[Strategy] High short, low long