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Bitcoin (BTC) Strategy
Key Support and Resistance
Support levels: $81,000 (120-day moving average + Fibonacci retracement level), $81,200 (extension line of the April 3 low)
Resistance level: $83,800 (4-hour EMA30 moving average), $85,000 (psychological barrier)
Operational Recommendations
Short-term short position: If the price rebounds to the range of $83,500-$83,800 and faces resistance, a light short position can be taken, with a stop loss set above $84,500 and a target aimed at $82,000-$81,500.
Long-term buy order: If the price stabilizes around $81,000-$81,200 after a pullback, you can build positions in batches, with a stop loss set below $78,000 and a target looking towards $85,000.
Risk Warning
If it falls below $81,000, it may trigger a CME futures gap fill to $78,000.
Bitcoin ETF saw a net inflow of $120 million, indicating that institutions are clearly positioning themselves on dips, but caution is needed against a rebound triggered by short covering.
Ethereum (ETH) Strategy
Key Support and Resistance
Support levels: $1,750 (five-year low death line), $1,769 (short-term moving average support)
Resistance levels: $1,850 (20-day moving average), $1,900 (whale buy order price)
Operation Suggestions
Short-term short position: If the price rebounds to the $1,800-$1,820 range and faces resistance, a light short position can be taken, with a stop loss set above $1,850 and a target aimed at $1,750-$1,730.
Medium to long-term long position: If the price holds above $1,750 and stabilizes, positions can be built in batches, with a stop loss set below $1,700, and the target aimed at $1,850-$1,900.
Risk Warning
A giant whale placed a buy order for 21,958 ETH at $1,894. If executed, it could drive a short-term rebound, but one must be cautious of high leverage risks.
If the ETH/BTC exchange rate falls below 0.0215, it may trigger a sell-off of altcoins, dragging down ETH.
Comprehensive Strategy
Balance Point: The current market is in a consolidation correction phase. Bitcoin needs to break through $83,800 to confirm the continuation of the rebound, while Ethereum needs to stabilize at $1,850 to trigger short covering.
Capital management: It is recommended to use a pyramid averaging strategy, with a single trade position not exceeding 5% of total funds, and to strictly set stop-loss.
Event-driven: Focus on the impact of the evening's non-farm data on the US dollar index and risk assets. If the dollar weakens, it may boost the crypto market.
Data source: CoinGlass, TradingView, Farside Investors, BlackRock IBIT fund flows, whale position dynamics, technical indicator analysis.
Risk Warning: Market fluctuations are severe; strategies need to be adjusted based on real-time market conditions to avoid blindly chasing rises and selling off during drops. #BTC #ETH #非农数据