Good morning everyone, today is already Friday…

From the current trend, we can see that the overall market rebound is weak, with not much fluctuation, remaining in a downward oscillation. The market has entered a relatively dull and sluggish state again. Personally, I believe that without positive news, the short-term market will continue to delay the current oscillation and decline. Therefore, the strategy remains the same as yesterday: shorting on rallies in the short term, and only doing so to delay the ongoing oscillation downward.

Apart from the US-Iran news, the non-farm payroll data release has some impact on the market, but it’s also worth paying attention to. Tonight, due to Good Friday, the US stock market is closed, so volatility will be slightly better. Currently, crypto ETF institutions are also quite conservative, with overall trading volume not much, and the liquidation map shows bears are dominant, which indicates that the current crypto market environment is not particularly ideal.

Today, focus more on the support around 65,000 for the market, below Ethereum around 2000, and below SOL around 75 to see if it can hold. As for resistance above, as mentioned earlier, the rebound is weak, so there’s not much to say. I just want to say that in the short term, it’s suitable for short-term trading and swing trading. For those who like to play on the daily chart, I can only say to keep waiting for the right opportunity.

Short-term contract strategies: ( are similar to yesterday )
BTC: Short on rallies around 67,500, take profit at 66,000

ETH: Short on rallies around 2,075, take profit at 2,020

SOL: Short on rallies around 80, take profit at 77

Warm tips:
1. Stop-loss suggestions should be set according to your actual liquidation price and your ability to bear losses.
2. Don’t be greedy; lock in profits and take small losses rather than fighting against the trend. If the direction is correct, hold on.
$BTC ‌$ETH ‌$SOL ‌