2026-04-08 23:41:37

4.9 Morning:

Overnight, the US and Iran reached a temporary ceasefire agreement, causing U.S. stocks to open sharply higher across the board. Market risk sentiment has improved, driving Bitcoin to surge briefly and then remain high with sideways consolidation.

However, it must be clear that this round of rally is still a pulse-driven move influenced by geopolitical sentiment and U.S. stock linkages, not a trend reversal. The large-scale bearish structure remains unchanged, so do not blindly chase longs at high levels.

Trading Suggestions

Bitcoin: Maintain a high-short strategy in the 72,200-72,700 range, with targets at 70,500-70,000, and a break below to 69,500√
Ethereum: Follow Bitcoin’s rhythm, short in the 2,250-2,270 zone, with targets at 2,180-2,155√#Gate广场四月发帖挑战 #加密市场回升 $BTC $ETH

BTC-1,2%

ETH-3,2%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes