$BTC April 3rd Evening Bitcoin and Ethereum Latest Ideas and Analysis

Contracts are amplifiers, and mindset is the line between life and death. Don't gamble your living expenses on the market, don't trade based on emotions. Respect the market to survive long-term. Looking back, the afternoon low was 66,750, then it started to rise to 67,288, followed by a pullback to the current level around 66,860, fluctuating within this range. Ethereum followed Bitcoin's move, with a low at 2,047, then rising to 2,075. Currently, it hovers around 2,060, continuing the afternoon short-sell strategy and holding positions.

Based on the current market, after a new high on the four-hour chart, tensions in the Middle East have increased, and market risk appetite has declined. Cryptocurrencies are high-volatility risk assets, prone to weaken along with the stock market. The four-hour high and low points are moving downward, indicating a sideways downtrend with multiple rebounds. Geopolitical tensions plus a high-interest-rate environment put pressure on risk assets. Both BTC and ETH are in a sideways down channel, with weak rebounds—only short on rebounds, no chasing. Enter positions in batches with strict stop-loss. If volume breaks above the stop-loss levels mentioned, the short-term short-sell idea becomes invalid, and it’s better to exit and wait. Geopolitical tensions and declining risk appetite slow capital inflow, overall bias remains bearish.

Friday night, 4/3
BTC: Enter short around 67,360, target 65,860
ETH: Enter short around 2,100, target 2,010