4.4 Cryptocurrency Market Live | Non-farm Payrolls Do Not Change Bull Market Structure, Short-term Shakeout Is a Buying Opportunity



Today, BTC fluctuated narrowly around the 68,000 level, with bulls and bears in a tug-of-war. ETH moved sideways with weakness, and the overall market showed a high-level grinding pattern. Macroeconomically, better-than-expected non-farm payroll data and delayed rate cut expectations temporarily suppressed market sentiment, but did not break the upward trend of mainstream coins.

On-chain data shows that whales continue to accumulate, while retail investors' selling pressure gradually diminishes. Panic sentiment has not triggered a large-scale exit. Technically, BTC's key support at 67,000 remains solid, with resistance at 69,500 awaiting a breakthrough. For ETH, the validity of the 2020 support level is being watched.

The current market is not a trend reversal but a normal shakeout within a bull market, with leveraged funds continuously being cleaned up to prepare for a subsequent rally. In terms of trading strategy, avoid chasing highs or selling lows, adopt small positions and buy in batches, and patiently wait for volume breakout signals. The mid-term bull market logic remains strong. $BTC $ETH $SOL

$BTC $ETH $OKB
BTC0.04%
ETH0.01%
SOL-1.44%
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GateUser-b014dec8vip
· 04-04 10:26
坚定HODL💎
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