TradingKingGaoYuliang

The overall performance of the peripheral markets is strong. Asian stock markets surged collectively this morning, European stocks and U.S. stock futures also rose significantly. As long as the US-Iran two-week ceasefire proceeds without any surprises, these days will likely be a period of high-level oscillation and correction#加密市场回升

Ethereum experienced a sharp surge in the early morning, followed by a consolidation with reduced volume. Trading volume, MACD, RSI, and KDJ indicators all slightly declined. During low liquidity periods, volatility remains limited. On the one-hour chart, after a volume-driven rally, previous resistance levels have turned into support. The support zone is around 2130-2150. Overall, the bullish trend remains strong. The external markets are performing strongly due to news influences, with most positions entered at lower levels for long positions#加密市场回升 .

After the U.S. stock market closed at 4 a.m., Trump immediately announced a ceasefire with Iran. Subsequently, Iran agreed to the ceasefire agreement, and Israel also announced its approval of the ceasefire. Global risk assets surged sharply, with Ethereum rising over 8%, Nasdaq futures up more than 2.2%, and crude oil and VIX index plunging. The ceasefire is currently scheduled for two weeks#加密市场行情震荡 .

Pre-market US stock price short positions with slight profit #加密市场行情震荡
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U.S. stocks dipped intraday and slightly rebounded, with a maximum decline of 1.5% during the session. The market is currently oscillating at a low level. Ethereum's movement is similar, with the bulls showing weakness. The short-term trend is dominated by bears, with resistance levels at 2090 and 2130. On the 15-minute chart, there is a slight bullish divergence. Do not chase the short side; consider shorting on the rebound at higher levels #加密市场行情震荡 .

Trump Threatens Iran: “The Entire Civilization Will Perish”
U.S. Vice President Vance: The war will end soon
The two are in sync, “singing” with candlestick charts—one says the entire civilization will perish, the other says the war will end soon. This market is purely driven by news, with almost no independent price action #Gate广场四月发帖挑战

Iran’s Khark Island Attacked Again
A reporter said today (April 7) that Iran’s Khark Island was attacked again, with multiple explosions heard.
US stock futures, crypto markets see a rapid short-term drop#加密市场行情震荡

Ethereum’s price has been continuously ranging around the 2000–2200 level for a month. The 2200 resistance level was hit five times and rejected five times. Last night, the breakout still failed again. Even without strong bullish catalysts from broader markets, the outlook remains a ranging market—short at highs and long at lows—#Gate广场四月发帖挑战

In the early session, the market saw a rebound, but trading volume was lackluster. A surge in volume and a sharp sell-off late at night led the 15-minute timeframe to form a downward trend. Overall, the short-term outlook is weak. On the 1-hour timeframe, the market is in a consolidation/sideways range. The uptrend has been broken. Price is oscillating around the support level of 2080 and the resistance level of 2150. For the rest of the day, the market continues to look range-bound; go for short at higher prices and long at lower prices. For precise entry points, check the subscription update

Last night, multiple alerts were issued warning about high risk and a likely market pullback. As expected, the market experienced a significant decline in the second half of the night. Brothers who went short last night got caught off guard.