"April 3 Market Analysis: Downward Risk Still Unresolved, Air Raid Alert Hanging Overhead!"


Yesterday's market found support near the first support level provided by the chief and rebounded. Bitcoin was at 655,500, and Ethereum at 2,010. As mentioned yesterday, if these levels do not see a rebound, it will be quite risky. Today’s market structure for the bears remains unchanged. A bearish candle was formed yesterday, and if today and tomorrow continue with consecutive declines, the air raid alert will no longer be a joke!
$BTC The first resistance zone for Bitcoin today is between 67,600-67,900. There’s a possibility of a pullback even up to the resistance level at 68,400. Support levels below are between 64,600-64,300.
$SOL The resistance for Solana remains at 83.2, with support at 74.6-73.7. A better shorting opportunity is still at the 83.2 level.
$ETH Resistance levels are at 2090 and 2118, with support between 1978-1960. Still waiting for the short entry point to appear.
In summary, if today’s daily candle continues to close lower, there is a possibility of weekend overtime to trigger a trend market. Today’s trend is very critical—whether to continue dragging or to initiate a downward trend. We will wait and see. (Follow the chief for daily market analysis and precise entry points. Long and short positions are for reference only. Strict stop-loss and take-profit are recommended.)
#Gate广场四月发帖挑战
BTC0,35%
SOL2,2%
ETH0,21%
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