April 2nd BTC/ETH Market Strategy


Market fluctuations during chaotic periods are normal. Key news to watch for on Friday includes the non-farm payroll data, the U.S. president possibly shifting the Strait issue to NATO, and the winding down of the Iran conflict. All these need market validation, so there's no need to worry too much—after all, neither you nor I can influence such major news.

BTC: During the night session, multiple attempts were made to attack the upper boundary of the 67,150-69,000 range. However, 69,000 was never broken. The near-term resistance is at 683-690, and support is at 67,150. The trend mainly shows a sideways platform, waiting for a clear direction. Be patient and add positions once the trend is clearer. For those wanting to participate, small positions around support and resistance levels can be tried, just remember to keep defensive measures in place.

ETH: Remains weakly oscillating around 2,139, moving back and forth. This oscillation is partly because the 2,139-2,197 zone is a major resistance level that needs time to digest. Additionally, it takes time to wait for confirmation of some news. Personally, maintaining a high position without a pullback is a sign of strong bullish momentum. Based on current levels, support and resistance levels above are: 2000-2015-2038-2075-2102-2139-2170-2197-2215 (see chart for details). In terms of trading, buy low around 2075-2100, and for short positions, look for resistance levels that cannot be突破 and enter short positions there. Set stop-losses at recent highs.
BTC-3,15%
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