The better-than-expected non-farm payrolls data reinforced expectations of the Federal Reserve maintaining high interest rates, causing the US dollar to strengthen and suppress cryptocurrencies. However, the US stock market opened higher, creating a tug-of-war. Bitcoin showed high-level consolidation and a pullback rather than a sharp decline, so beware of a secondary drop caused by the US stocks' initial rise followed by decline.



After the 69,300 resistance level was pressured, the candlestick continued to close lower, with bulls unable to mount a rebound. The large-scale bearish trend remains unchanged; a rebound is a good opportunity to short! The short-term support is at 68,100. If broken, it will open a new downward space. The strategy remains firmly focused on shorting at high levels! $BTC $ETH #四月行情预测
BTC0,49%
ETH2,25%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin