April 14th Fei Ge Currency

Fundamentals:

1. Federal Reserve Governor Waller: Under high tariffs, if there is a significant economic slowdown, the unemployment rate could rise to 5%, I tend to prefer earlier and larger interest rate cuts;

2. Atlanta Fed President Bostic stated on Monday that the uncertainty surrounding tariffs has put the economy into a "big pause", and he suggested that the Fed hold off until the situation becomes clearer;

3. KiloEx issued a statement regarding the hacking incident, stating that the vulnerability has currently been contained;

Technical Analysis:

BTC: The daily chart shows a small upward trend in the past week, with the 7-day moving average turning upward to form a golden cross. However, it is worth noting that the high point near the 86 line above has persisted for three days, and the small time frame indicates that it is currently in a relative high point range with fluctuations; watch for signs of a downward trend in the subsequent market. The 4-hour chart indicates that the overall trend remains upward, with the lower lows rising somewhat, but the high point above is clear, indicating a lack of strength in the upward movement. In the subsequent market, focus on the 4-hour chart for bearish signals indicating a downward trend. For intraday operations, pay close attention to the pressure at the 858-868 position above and the support at the 838-828 position below.

ETH: The daily chart shows a slow upward fluctuation, currently the K-line is stable above the moving average support, but is under pressure from the 14-day moving average above. The K-line for ETH needs to break through the moving average resistance above to achieve the target of the first wave of rebound around 1780, before entering the accumulation phase. The 4-hour chart shows a clear upward fluctuation, but the high point around 1690 is evident, and there won't be an upward trend during the bottoming phase, mostly a rise followed by a fall, overall maintaining a slight upward trend. For intraday operations, focus on the pressure at the 1680-1710 position above and the support at the 1610-1580 position below.

Altcoins: Currently, no recommendations are made, primarily observing; during the bottoming phase of ETH, altcoins will definitely have low points! I mentioned that the buying point for altcoins is referenced from ETH rather than BTC. Last September, BTC began to take off, and before November, the overall trend of altcoins and ETH still showed a downward fluctuation. The strength of this rebound in ETH is quite weak; after this wave of rebound ends, there will be another accumulation phase, and the strength of the next rebound will gradually increase, which will correspond to a stronger trend in altcoins.