#Gate广场四月发帖挑战

Today’s Market Summary - Bitcoin Expected to Range, Watch Altcoin Opportunities

With the weekend coinciding with the start of the domestic Qingming holiday, market liquidity is relatively poor. Bitcoin, as expected, traded sideways with a range-bound move for the day, and there has been some pull-up tonight. It is currently trading at around 67,200, while Ethereum is closing at $2,053.1. In the absence of major news over the weekend, the market is expected to remain range-bound tomorrow as well; the trading range is still the one mentioned earlier, 65,500-67,500. If, over the next two days, the price rebounds to around 67,500, you can consider setting up next week’s short positions at higher prices. For the next move, Little Caishen still expects an accelerated downside.

Bitcoin is weak, and altcoins are starting to get active as predicted. SIREN has once again become the “most eye-catching one.” The low-level rebound is approaching 100%; it is still in an uptrend. Other altcoins such as JCT, D, and STO are also rising. If you’re interested, you can participate with a small position to help relieve the boredom of the weekend’s price action—but remember to set your take-profit and stop-loss properly!