Brothers, have you been cut?

Over the past weekend, Bitcoin dropped to around 81,270 points, and Ethereum plunged further to 1,767 points, just a step away from the lowest point since this round of decline. Frankly speaking, if we do not consider Bitcoin's current position, Ethereum only needs to break down again, and the high point of the short-term trend line will become the last straw that breaks Ethereum's back, leaving no hope for recovery.

Trump has once again picked up the tariff big stick and is vigorously waving it over the wealthy area, while in the past, the market's retail investors were constantly being cut by the dog traders, even though they were always losing money, they still had time to grow and develop. Now, led by Trump, the Wall Street elites plan to break the existing economic order and framework, with the first step being to uproot the retail investors in the crypto market.

In the crypto world, pitying others is useless; being cynical leads to losses faster. Many partners have recently commented on what to do next? Will the market still provide opportunities this year? After enduring extreme mental pressure, they hope to seek a shred of comfort. In my view, the only expectation for the market is that it is still within the current interest rate cut cycle, waiting for real monetary easing to take place; otherwise, all other narratives are just the starting point for further declines.

In the March that is about to pass, Bitcoin sought a high point breakthrough after a decline but ultimately failed to stabilize further due to the pressure at 90,000 points. The market has slowly eased under the relaxed economic policies of interest rate cuts in May, and the median volatility for the month remains in the range of 83,000 to 85,000 points. The inflow speed of Bitcoin spot ETFs continues to slow down, and short-term momentum is decreasing.

The TVL of Ethereum L2 saw continuous growth in March, but it failed to break through effective prices, and the positive cycle of quantity and price in the ecosystem was not realized. After breaking below 1,900 points earlier, the fundamental sentiment of Ethereum was completely exhausted; the overall inflow performance of Ethereum spot ETFs in March was concerning, and the market was lackluster.

The spark ignited by BSC in March did not form a prairie fire, and the voting for new listings has become a topic of conversation in the industry. The PVP gameplay, which is highly competitive among retail investors, ultimately did not receive positive feedback from the market, and everything returned to the initial state, with everyone merely exchanging chips.

Speaking of which, all the coins are falling; why is everyone only scolding Ethereum?

In the upcoming April, the Bank of Japan will discuss interest rate hike expectations based on the unexpectedly strong performance of the US PCE. This week, the US non-farm payroll report for March will be announced, and on April 2nd, Trump’s latest and strongest tariff storm will officially take effect. Powell will also give an economic speech this week. Regardless of which aspect, the bearish news has already been released in advance; as long as their performance is a bit more considerate, the bulls will have a chance to breathe again.

As for the market's opportunities that everyone is very concerned about, I believe there are still chances. In general, the comprehensive trend fundamentals for April are much better than those in March, and as we approach the real implementation of future monetary easing policies, more confidence-boosting signals will be released. All of this in the future still requires us to endure, although this journey is indeed very bitter.

BTC: Bitcoin is under pressure from high points, with last week's weekly performance dropping by about 6%. The volume drop over the weekend, if no new bearish news is released, will moderately alleviate the short-term bearish trend. The major direction for next month depends on whether a double bottom can form on the daily line this week. If it can, the performance in April can be somewhat anticipated. If the market breaks below 82,000 points before Wednesday and this is a daily break, it implies a re-movement of the short-term high points. Given the significant overselling, I personally lean towards a brief rebound followed by seeking the next phase of movement after the sentiment improves. The intra-day pressure point is 86,000 points, with support at 81,800 points.

ETH: Ethereum is linked with Bitcoin, and the funding environment is stagnant.

Altcoins section: ACT is still worth paying attention to; the position's holding volume has been steadily increasing, and the control of chips is very concentrated, showing obvious accumulation by the main force. For other altcoins, the opportunities seem limited for now. The focus should be on observing the movements of mainstream funds after Bitcoin forms a bottoming pattern on the daily line, looking for opportunities here. Other discussions can be done in the comments section.

Panic and Greed Index intra-day 34.

Finally, stay away from leverage, and stock up on spot assets! #美国加征关税 $BTC