Good morning, brothers
There hasn't been much market movement these days, with very little volatility. On one hand, this is due to the impact of Easter, resulting in low trading volume, and on the other hand, it is also the weekend. So, it’s a good idea to relax over the weekend, spend time with family, go for a walk, or read trading books. There’s no need to struggle over small fluctuations.
Bitcoin is currently around 85,000, still within the range of 83,000 to 86,000. There is still considerable resistance around 86,500, so don’t rush to buy. Currently, the risk of going long is greater than going short. For those holding short positions, you can set your stop-loss around 86,500. If you want to enter long positions, you can wait for a strong breakout above 86, or consider entering long around 83,000.
Ethereum has two doji stars on the weekly chart. There is a slight upward movement on the 15-minute level. Although Ethereum is quite weak, I believe the risk of chasing shorts now is very high; I would consider buying the dip instead.
That’s some of my thoughts for today. Thank you all for your support! #美联储独立性 $BTC $ETH