The U.S. stock market has become more and more meme-like. Recently, there has been a lot of controversy over tariffs in the United States. Fortunately, the pause button has been temporarily pressed - it has been announced to be postponed for 90 days (except for some regions).
Trump first announced heavy taxation on all countries, and after a few days, he said that all countries came to flatter him, and then announced a 90-day extension. Small countries will breathe a sigh of relief and even thank Trump for letting them off the hook. This is a classic PUA trick Trump often uses.
Given Trump’s character, will 90 days really be 90 days?
Whenever the King of Loud Cannon’s remarks are becoming increasingly popular: it is the prelude to a rise!
The good days of April have begun, congratulations to everyone who has withstood the critical hit!
Although this wave of operations has a bit of "extreme pressure", it actually reveals the crypto market:
Bitcoin
BTC didn’t fall much. If there was such a policy shock in the past, the cryptocurrency market would have fallen a long time ago. Now it is firmly holding around 75,000, and even rebounded to 83,000. From the weekly oversold signal to now, it has rebounded by 12.27%. I won’t immediately say that this rebound means the market has bottomed out, or that a big reversal has begun. I won’t jump to conclusions so quickly, let alone make predictions. But this position is indeed interesting and worth a look.
After all, similar weekly oversold conditions have occurred four times in history, and the price did rebound after each time. It is hard to say whether this is the fifth time, but this signal itself cannot be ignored.
Now Bitcoin has just broken through 83,000, which is equivalent to taking the short-term "bridgehead". If it can stand firm at this position, the next step will be to challenge the 85,000 resistance level. Once it breaks through, it is likely to start a new round of rise, aiming at 90,000. The technical side is also "assisting": the Bollinger Bands are opening upward, and the price is running close to the upper track, indicating that the buying is very fierce. Although the short-term fluctuations are large, the upward momentum is sufficient. In case of a correction due to a too fast rise in the short term, 77,000-78,000 is a strong support (the previous pressure zone becomes support), which is equivalent to a "second chance to get on the train". Don't hesitate to fall back here, and buy the mainstream coins (especially BTC and ETH) in batches. You can make money when the bull market comes in the second half of the year.
Ethereum
ETH is considering splitting positions when it retraces to near the 2h midline, and stop loss if it falls below the midline. CPI is critical tonight, and I hope it will retrace to give a good price.
SUN
Solana has dropped from its highest point of 295 to 95, a drop of 2/3. Recently, it has been affected by the negative impact of tariffs and the expectation of interest rate cuts. It has a chance to rebound. Consider entering the market when it falls back to the 2h Bollinger position. In addition to the ETF expectations for this year, this position is also a good place to enter.
Operational advice for retail investors: Don’t be led by short-term fluctuations!
Focus on spot and reject leverage: Although the market is stable now, the US policy is still uncertain, and leverage can be easily shaken off. It is safer to hold spot.
Keep a close eye on mainstream coins and avoid altcoins: Bitcoin and Ethereum have the strongest resistance to declines. Altcoins rise with the rise but fall faster. Newbies should not chase after unpopular coins.
The bull market script for the second half of the year has not changed: the tariff suspension is just an interlude, the expectation of a Fed rate cut remains, and the liquidity of the crypto market will become increasingly loose. Buying the bottom now is equivalent to "stocking up in advance" and waiting for the market to explode in the second half of the year to directly receive the goods.
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