April 2nd Today’s Brief News Summary (Follow if interested)

Market and Sentiment
• Sharp decline across the board: BTC down 3.6% to $66,200, with a 10-minute rapid drop of over 6% in the morning; ETH down 7%, falling below $2,000.
• Liquidations and sentiment: 180,000 traders liquidated in 24 hours, totaling $386 million, with the market entering extreme fear.
Trigger and Negative News
• Solana ecosystem crisis: Leading DeFi project Drift Protocol was hacked, losing $213 million, triggering systemic panic, with SOL dropping -5.4%.
• New quantum computing threat: Google research states that BTC/ETH signature security is weakened, industry needs to complete post-quantum cryptography migration by 2029.
Macro and Risk Events
• Macro pressure: US ADP employment data exceeded expectations, reducing rate cut expectations; escalating Middle East tensions boost safe-haven sentiment.
• Tomorrow’s risk: Wormhole (W) unlocks $640 million (about 1.28 billion tokens, accounting for 28.39% of circulation), warning of selling pressure.
Core Trading Points
• Support and resistance: BTC key support at $66,000, strong support at $65,000–$64,500; resistance at $68,000–$69,500. ETH support at $1,970–$2,000, resistance at $2,050–$2,150.
• Strategy advice: Short-term cautious, reduce spot holdings on rebounds, hold light positions on futures; focus on tomorrow’s Wormhole unlock and non-farm payroll data. #Gate广场四月发帖挑战 $BTC ‌$ETH ‌