Waiting for interest rate cuts.
Hello, community friends, today is April 8, 2025, Tuesday. Yesterday was a turbulent day. First, Trump imposed tariffs on us, and the A-shares plunged more than 8 points, with over 2,000 stocks hitting the limit down, dragging down the crypto market. Yesterday afternoon, Bitcoin dropped to 75,000 points, and many altcoins fell over 20 points.
Recently, the market is just holding onto the coins in hand, patiently waiting for the next wave of interest rate cuts from the U.S. If you don't have any assets, this point isn't too expensive; just wait for good news to sell. Currently, the U.S. interest rate is around 5%, which is really too high. We can only wait for interest rates to drop and all the locked liquidity in banks to be released before a true bull market can arrive.
The biggest issue currently is that the Federal Reserve is slow to cut interest rates, insisting on following its own rules for rate cuts, which is frustrating. Let's patiently wait for U.S. liquidity to come in and avoid rash actions.
BTC:
Long position: 79,000-79,500 light position to buy, stop loss 78,000, target 81,000-83,000.
Short position: 81,000-82,000 in batches, stop loss 82,500, target 75,000-78,000.
ETH:
Long position: 1,540-1,570 light position to try long, stop loss 1,500, target 1,650.
Short position: 1,620-1,650 short, stop loss 1,750, target 1,500-1,420.
Medium to long-term strategy (April 13-18)
BTC:
If it retraces to $70,000-72,000, you can build positions in batches (position ≤ 10%), stop loss 68,000, target 84,000-90,000.
ETH:
If it breaks below $1,400, wait for stabilization before positioning (position ≤ 5%), target $1,800-2,000; long-term holding needs to wait for Pectra upgrade (May 7).