April 7 Market Analysis
The US stock market has experienced a continuous decline for 7 weeks, while Bitcoin had previously maintained above 81,000. I have reminded everyone in my previous live broadcasts that there is a possibility of Bitcoin experiencing a correction, and it has now started to correct, having dropped to around 76,500 today. If the US stock market continues to decline upon opening today, it will be difficult for Bitcoin to maintain its previous low position. Currently, Bitcoin's drop has created a new CME futures gap in the range of 79,600 to 82,700. I have reminded everyone in my live broadcasts about this. A few days ago, the gap between 85,170 and 85,500 has still not been filled. Recently, CME gaps have often been filled quickly, which means Bitcoin's rebound will aim to fill the gap, but it still depends on tariff policies.