Analyst Liang Qiu: 7.9 BTC sideways fluctuations, ETH repeatedly spikes, the final carnival?

Every time the market sentiment arrives, it touches a recent high before starting to decline. ETH surged again in the afternoon, breaking through the recent high, reaching around 2649, while BTC remained motionless. In fact, the multiple surges in market sentiment tell us that in a bull market, BTC initiates the surge first, followed by a period of consolidation waiting for ETH and altcoins to rally. However, in this round of market sentiment, altcoins have generally collapsed, and ETH has started to rebound under the conditions of BTC's multiple sideways movements. This also aligns with the alternating rise pattern. However, after the alternating rise breaks through the high point, it also means that the celebration is over, and a significant drop is about to come.

Last night, I mentioned to everyone that on April 2nd, due to tariff policy, the market sentiment rebounded sharply, and ETH has even doubled. Now we are once again at an important point regarding tariffs; regardless of whether the news is good or bad, it will eventually have an impact, and that impact also signifies the end of this round of market sentiment. At this current position, chasing higher prices makes no sense. In fact, the current rise is a good opportunity for medium to long-term positioning. BTC and ETH can be seen to reach around 90,000 and 2,000 respectively in the medium to long term, and this timing is not too late. It is likely to be realized by the end of next month, but in the meantime, it is essential to manage long and short fluctuations.

Short-term trading advice BTC: around 108800 to 109300, target near 107000; ETH: around 2625 to 2640, target near 2550.

[The above analysis and strategy are for reference only, please bear the risks yourself. The article review and publication do not guarantee timeliness, please refer to real-time data for specifics.] #Gate VIP理财送茅台# #美加征关税# #Gate xStocks 交易体验#