šāāļø Hey, guys! This week's results and analysis of the crypto market.
š Last week I warned about volatility and risks. Was looking at 85K breakout zones in BTC - took the move up to 88K. Trumponomics caused a hurricane: traditional assets fell Thursday-Friday, crypto fell over the weekend, reaching 75K (BTC) and 1.4K (ETH). The risks of falling in a narrow market warned in advance.
Liquidation map:
Important areas:
BTC: bottom 73.5K, top 80K
ETH: 1.4K at the bottom, 1.55K at the top
š¼ ETF Market:
Netflow for March 31-April 4, 2025:
BTC: -164.40 million
ETH: -49.80 million
āļø Onchain Metrics:
Inflows of BTC and ETH on CEX are pressuring prices. Open interest falls - unloading shorts, fixing positions, market weakness, rebound possible.
š Macroeconomics:
Early US tariff changes and Fed rate cut before the meeting may trigger a V-turn in the market.
Key macro statistics:
April 10: Core CPI
Unemployment benefits
š” Forecast:
BTC:
Possible low in 70-72K (past ATH zone).
Medium-term reversal above 83K.
Short term trading: V/W patterns, Volume analysis.
ETH:
Declining OI calls into question the decline, consolidation in 1.4-1.6K is likely.
Medium-term reversal above 1.7K.
Short-term trading: V/W patterns.