April 28 $BTC $ETH Trend

1. Bitcoin, expected range 94800-93500, expected trend is a rise followed by a drop;

2. Ethereum, expected range 1820-1780, expected trend is a rise followed by a drop;

3. No important data/events today.

Tuesday 22:00 JOLTs Job Openings (expected minor positive)

Wednesday 20:15 US ADP Employment Change (expected positive), 20:30 US Q1 GDP, 22:00 US March PCE Price Index

Thursday around noon Japan's Central Bank interest rate (to prevent rate hike negative)

Friday 20:30 Non-Farm Payrolls/Unemployment Rate [Market Analysis]

Over the weekend, Bitcoin and Ethereum are expected to show a rise followed by a drop. The rise continues the upward momentum from last week, while the drop is due to a lack of positive factors over the weekend and Monday, causing prices to be relatively high, leading to profit-taking.

Today there are no important data/events, with a tug-of-war between bulls and bears.

The market is expected to show narrow fluctuations and a rise followed by a drop.

[Medium-Term View]

① With Trump showing a softened stance on the tariff war with China and other countries and indicating no intention to dismiss Powell, the market atmosphere has improved significantly and should not be overly bearish.

② Starting this week, the market will focus on employment data and inflation data, gradually starting to speculate on interest rate cut expectations, with market volatility sharply fluctuating based on the quality of the data.

The main range for Bitcoin is 93000-88000, and for Ethereum, it is 1800-1650;

③ In the long term, the bull market is approaching its end. For altcoins and spot trading, it is advisable to sell in the next month or two when rebounds approach 30%-50% of December's drop.

[Strategy]

Trade at the edges of the range: short at high levels and long at low levels.