April 6th BTC/ETH Market Strategy

The market is focused on the U.S. final deadline, and the crypto market is rebounding. The president’s recent statement hints that before 8 a.m. Beijing time on Wednesday is the last chance for negotiations, and also mentions: "Believing that an agreement can be reached with Iran. Otherwise, they will destroy power plants and bridges." Since the leader has spoken so clearly, the key now is whether an agreement can be reached before this time point.

Bitcoin: Successfully broke through the 67,150-69,000 range. Currently, it’s pulling back to confirm the support level at 69,000-68,300. If the rebound is valid, this area will be a good spot for short-term entries. Currently, bears can only participate in short-term shorts because the technical structure has formed a small double bottom after two days of weekend consolidation, leaving plenty of room. There are no obvious bearish signals yet, so participation should be based on the small resistance at 69,000-69,800 to aim for higher shorts. Looking ahead, there’s still a large range from 69,000 to 71,400 to watch.

Ethereum: Last night’s deep buy strategy allowed everyone to profit precisely, almost hitting 2047 exactly. Since the market often hits key levels, I recommend everyone to be a bit more flexible in actual trading. The first touch at 2139 during the day will face resistance. If it pulls back to the 2075-2100 zone for confirmation, it’s still recommended to add to long positions. After briefly testing the 2139 resistance, a small position was added to the long side, and once the target is reached, I will decisively switch to short. There are still many levels above at 2139-2170-2197-2215-2233. Below, the levels at 2100-2075-2055-2038 are familiar support points.