The long and short meat grinder is starting! The big pancake is stagnating and holding back a big move, is the dog fund going to flip the table tonight?

The big pancake is grinding people's teeth in the 83000-85800 range today, the Bollinger Bands' upper and lower bands are closing in fast, sparking sparks. The daily MACD dead cross is deeply embedded, with the DIF and DEA lines lying below the zero axis flatter than a salted fish, and the bears are clearly ready to act. The American's automotive tariff stick is hanging overhead on April 2, Japanese car companies are crying and collapsing emotionally, the dog fund had a false drop in the early morning that directly blew up 380 million dollars of long contracts, it's all about the heartbeat.

Operation on the tip of the knife

Bitcoin is mainly short: bounce around 85800 directly short, stop loss at 86300 to guard against a spike, targeting the 83000-82500 life and death line first, if broken, directly focus on the psychological defense line of 80000 for a fireworks show. If the dog fund plays dirty and breaks below 82500 with volume, don’t hesitate to chase shorts looking at below 78000.

Buying the dip? First, look at the volume: there are large stop-loss orders hanging at the 80000 mark, if you want to bet on a rebound, you must wait for two signals - either a long lower shadow on the 15-minute chart with volume, or a second contraction of the MACD red bars, otherwise getting caught in a falling knife will definitely lead to bloodshed.

Ethereum follows the big brother: ETH will be on standby for shorts around 2030 during the bounce, with a stop loss at 2060 dollars, targeting the 1950 integer level. Remember, the second pancake is now more fragile than the big pancake, a rebound not exceeding 2100 is all a trap, get in and out quickly, don’t fall in love with the battle.

Where is the dog fund's trump card?

121.7 billion dollars of BTC options expiration coincides with the announcement of US CPI data, and one of these two big bombs will definitely explode tonight. Technically, the four-hour KDJ is stagnating below 20, clearly a warning of a decline, but the 1-hour RSI has entered the oversold zone, the dog fund is likely to play the “breakout pullback” routine again. The spot traders are lying flat pretending to be dead, and contract players remember the mantra: “No positions in sideways, don’t be careless on spikes.”

Yishen knocks on the blackboard

The longer the sideways movement, the harsher the breakout will be; tonight focus on two signals: one is the reaction of US stocks after the CPI data is released, and the other is whether the dog fund will make a surprise attack during the options expiration. Remember, in a bull market, there are often sharp drops; in a bear market, there are often spikes; this market is more thrilling than a palace drama.

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I am Yishen, building a top-notch team, looking forward to moving forward sincerely with you who are in pursuit!