✨BTC Market Analysis – First Week of April
Fundamentals
Due to the impact of Trump’s tariff news last night, both the U.S. stock market and the crypto market declined again, and risk-averse sentiment is on the rise once more. After several days of rebound, the crypto market experienced a general pullback today.
Technical Analysis
Affected by market sentiment, the 4-hour K-line pattern is currently in a consolidation phase, with the price range between 81,000 and 88,000, approaching a key support level. The upper resistance levels are 88,000 and 95,000; the lower support levels are 81,000 and 76,000. The larger trend has already reversed, and the market is now in a consolidation phase following a sharp drop.
Investment Advice
The market is weak—consider shorting at resistance levels.
2,500, reflecting broader market sensitivities to geopolitical developments.
