Thursday, Trump redraws the K-line, triggering market plunge

On April 1st, Trump spoke at the White House, claiming a "rapid," decisive, and overwhelming victory in the Iran conflict. The Middle East situation worsened again, during which gold and cryptocurrencies plummeted, while oil prices continued to rise. This should be the biggest April Fools' joke in the world.

During the European trading session, Bitcoin nearly dropped below $66,000. In the afternoon, I publicly advised the entire network to buy Bitcoin at $66,300 and Ethereum at $2,044. After a sharp decline, a rebound is inevitable. Now, the situation is tense, and I have to speak out. Chasing short positions at this moment is not wise; these negative impacts are intermittent.

From a technical perspective, the four-hour support level is significant, so it shouldn't be treated as a very weak one-way trend. Today’s short-term dividing line is around $67,500. The target for long positions is temporarily near this area. If it doesn't break, adjust your strategy to look for higher points to short; if it breaks, reduce positions and aim for around $69,500. That's all I have to say. Wishing everyone all the best.