4.7 Midday Analysis

Bitcoin/Ethereum have fallen sharply due to news impact and will continue to explore the bottom!
Last night, the Bitcoin/Altcoin market was influenced by the comments of the knowledgeable king regarding tariff policies, leading to a widespread decline in the cryptocurrency sector, with relatively large declines. This was followed today by a significant drop in the A-share market, affecting the overall situation considerably. However, from last night to this morning, there were multiple rapid declines, indicating a very weak trend, with daily and weekly charts all breaking down. Additionally, the tariff policies have not yet been fully implemented, so the market may see some fluctuations.
In the short term, we need to pay attention to the support levels for Bitcoin around 76000 and for Ethereum around 1500. Based on these supports, we can consider going long in the range of 76000 to 76500, aiming for around 78000. For Ethereum, consider going long in the range of 1500 to 1525, targeting around 1570.
However, the major news has not fully settled yet, and the trend leans towards bearish. After a decline and pullback, the rebound is relatively small. The market will continue to explore the bottom for support. For short positions, refer to the lower edge of the hourly box structure around 78000 to 78500, with a target around 76000; for the second contract, enter short around 1580 to 1600, with a target around 1520.

#下行市场风险对策 #近期投资组合分享 #近期抄底币种推荐