🚨4/3 Morning BTC/ETH Market Briefing🚨



🔶Yesterday's Market Review: Yesterday, affected by tariff news, Bitcoin surged to 88500 and then rapidly dropped to around 82100. Our short position did not hold until the end and got stopped out, which is quite a pity. Fortunately, Ethereum's short from 1935 to 1960 rebounded as high as around 1958 before starting to drop quickly, reaching a low of around 1780, with a profit margin of over 170 points in between. Currently, the short position has exited, and I entered a long position around 1785. For specific references, please check the chat room. Today, we will continue to look for answers from the market.

🔶$BTC Daily line touched the bottom of the cloud at 88500 early in the morning and then quickly fell to a low of 82100, mainly driven by news. Currently, there is resistance around 84860 above, and support is at the lower Bollinger Band at 8 0 9 510 and SAR81211.

🔶 The four small plates are currently covered by dark clouds, with the upper pressure from the cloud base at 84300, as well as the benchmark line pressure near 84860, and the dark cloud top pressure near 8 5 1 8 0. Long positions need to reduce positions or exit at these points, and below.

🔶The current price at the small level has reached a certain level of resistance near the bottom of the Yang cloud at 83416, with the upper benchmark resistance at 85318. The RSI has started to turn upwards after touching the oversold area, and the KDJ also shows signs of a golden cross turning upwards.

🔶Based on the above suggestions, long positions should only be taken to bet on rebounds, while short positions should be the focus:
📉Focus on the four small markets: upper range 84300~84860~85181, participate in short positions, defend at 84300+ (967.1×1.5)=85750.65, target around 83400~82200~79621, you can reduce your position once the target is reached.

🔶$ETH The current chat room has a long position of 1785 for Ethereum, you may consider reducing your position or exiting at 1846, and it might be time to enter a short position.

📉Short positions near 1846~1862~1896, defend at 1910, targets 1808~1780~1760~1748~1700. Pay attention to reduce positions upon reaching targets and continue to speculate.

⚠️The above entry and exit points have a deviation of ±100 points (BTC) and ±5 points (ETH). The conclusions drawn from the above points based on the chart patterns and technical indicators are subject to real-time fluctuations and news influences. Please adjust according to your actual situation!

If you haven't joined the E Jia Jun chat room for real-time market updates, hurry up and click below to join the E Jia Jun team! #荣誉积分抽奖,赢MacBook Air和精美周边# #特朗普对等关税政策将公布# #Launchpool 质押策略分享#
BTC0.73%
ETH3.46%
TRUMP1.84%
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