April 6 Cryptocurrency Market Analysis

【Be cautious of the final dip that could trigger panic selling】
Strategy: ✅Manage your positions✅
1️⃣ Market Overview 【BTC】 【ETH】 Current key support levels:
【BTC】 Short position with small size, look for another opportunity to gamble
Open position: around 69,600
Stop loss: 70,000
Take profit: Take profit 1: 65,500, Take profit 2: 62,500, Take profit 3: 60,000
【ETH】 Short position with small size
Open position: 2,153
Stop loss: 2,175
Take profit: Take profit 1: 1,935, Take profit 2: 1,850, Take profit 3: 1,750
2️⃣ 【ETH & BTC】 Ceasefire agreements are everywhere; capital is very honest. The volume is shrinking at the bottom, and the price is rising without volume—this is a sign of manipulation. Pay close attention to the volume-price relationship. There might be a volume-driven rebound. If no volume appears, it’s safer to be cautious, keep positions light, take profits quickly, and cut losses on shorts with proper stop-losses to avoid big losses. If you don’t want to trade, just watch and wait for volume to pick up before chasing. Alternatively, consider buying on dips during declines—there are more options. Don’t fear missing out; fear making mistakes.
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All opinions are personal views only.
Not investment advice. DYOR.