📊 Wolf Analysis | 2026.04.07

Market

24h Price Change

BTC $68,538 (-1.23%) 🔴 Intraday high $70,351, low $68,273

ETH $2,104 (-1.64%) 🔴

SOL $79.67 (-3.69%) 🔴

BNB $598 (-0.97%) 🔴

Mainstream cryptocurrencies all retraced, with SOL leading the decline, returning to the $79-$80 range.

1h Trend: The latest three 1-hour candles all show a downward structure. BTC moved from $68,853 → $68,775 → $68,400, gradually declining, with volume decreasing each hour (908 → 682 → 263 BTC). Volume contracted while price continues to shift downward; ETH from $2,107 → $2,112 → $2,099, also weakening step by step; SOL remained high near $80 before quickly falling back; BNB from $600 → $599 → $597, breaking the psychological $600 level.

15m Trend: After consolidating in the $68,728-$68,803 range, BTC broke down to $68,538 with volume shrinking to just 11.89 BTC (today’s lowest volume), indicating a lack of strong selling pressure but also passive buying; ETH from $2,106 to $2,104; SOL slightly retraced from $79.97 to $79.67; BNB from $599 to $598.67. Overall volatility is extremely compressed, market awaits catalysts.

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Market Drivers

① As the deadline for Trump’s Iran decision approaches, Axios reports entering a critical decision point

Axios citing insiders: Trump faces a “critical point” on Iran — either destroy Iran’s infrastructure or give negotiations a chance. Multiple sources point to April 7-8 as a key window, with risk aversion persisting but not escalating further.

② BNB Chain US university roadshow launched, ecosystem remains hot

BNB Chain official tweet: Next stops are Stanford (April 8) and UC Berkeley (April 9). BNB declined only 0.97% today against the trend, with ecosystem activities providing some support for the token.

③ Trading volume shrinks to extreme lows, market awaits directional signals

Mainstream coins’ 15m trading volumes hit new intraday lows: BTC only 11.89 BTC, ETH 222 coins, SOL 4,204 coins — all the lowest in recent hours. Volatility compressed to critical levels, breakout direction may be confirmed during US trading hours.

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⚠️ Risk Reminder

• Trump’s Iran decision could be announced at any time, volatility may spike unexpectedly

• BTC $68,000 is a key support; if broken, look toward $67,500

• SOL experienced the largest pullback; if support at $79-$80 breaks, target $76-$78

• Currently, after low-volume consolidation, beware of directional breakout

• Prioritize position management, reduce unnecessary trades