Market comparison is strange, with the market mainly fluctuating.😁
1. Bitcoin, expected range 93600-91500, anticipated trend is a rebound followed by a decline;
2. Ethereum, expected range 1790-1700, anticipated trend is a rebound followed by a decline;
3. Today at 20:30, US Initial Jobless Claims (expected neutral)
Friday at 22:00, US April Year-on-Year Inflation Expectation Final Value (expected bearish)
【Market Analysis】
Yesterday, Bitcoin and Ethereum were horizontally consolidated at high positions, and today a slight decline is expected.
1. The day before yesterday, Bitcoin and Ethereum surged, the reasons are——
1️⃣ Trump expressed intent to lower tariffs with China to 145%
2️⃣ Trump went from pressuring to finally stating “no intention to fire Powell”
3️⃣ The new SEC chairman Atkins, who is friendly towards cryptocurrencies, officially took office.
Supported by a flight to safety with funds flowing in, an optimistic atmosphere from the rebound in US stocks, and passive appreciation due to dollar depreciation, which contributed to the surge the day before yesterday.
Tomorrow evening, SEC chairman Atkins will speak at the crypto roundtable (expected bullish), therefore today a significant drop is not anticipated, and there may be a rally tomorrow. Tomorrow's rebound is an opportunity to short.
High short, low long.😂😂😂😂😂