During an avalanche, no snowflake is innocent.
Witnessing history again, Black Monday has arrived as expected.
The U.S. stock market has experienced its worst decline since 2020.
The global stock market is showing a "domino effect" explosion.
A global economic recession is inevitable, and a financial crisis will erupt.
1200 anti-Trump protests in the U.S., the country is heading towards civil war.
On April 9, the EU may impose the first round of countermeasures against U.S. goods.
The Taiwan stock market triggered a circuit breaker with 1700 stocks hitting the limit down.
The three A-share indices fell by 6-10%, with 1448 stocks hitting the limit down.
Japanese stocks triggered a circuit breaker before the market opened.
The Hong Kong Hang Seng Technology Index fell over 10%.
The Australian stock index fell by 4.07%.
The Nasdaq 100 futures index fell by 5%.
UK and German stock futures fell by 4%.
U.S. stocks have triggered circuit breakers several times, and Bitcoin is not bottoming out.
It would be safest to have a halved rebound in crypto.
Ethereum can do whatever it wants; it’s like a helpless child.
Last year's long position at 2300 is now at 1410.
Bitcoin
The lowest spike was 74457, and U.S. stocks rebounded to 81200 at market open. As of the time of writing, it is around 78000, influenced by Hasset's information that Trump is considering suspending tariffs on some countries for 90 days, leading to a short-term spike, with both bulls and bears exploding.
The daily chart shows three spikes at 78000, 76600, and today’s 74457, all still above last year’s 73777. This situation is somewhat similar to last year’s lowest spike at 49000, where there was a rebound near the previous high with support.
Moreover, in the context of a global stock market crash, Bitcoin has shown decent support. Gold has fallen for three consecutive days, so it is believed that Bitcoin is playing a certain role as a safe haven. Therefore, it will continue to test here, and the decline won't be too deep; a rebound opportunity is not far away.
Support: 74457—77600
Resistance: 81200—85000—91500
Ethereum
Ethereum has reached 1410. Previously, it was said that if it couldn't rebound back to 2100, it would continue to fall. Currently, it is still unclear whether it has bottomed out, but given that the author believes Bitcoin has not completely turned bearish, Ethereum can only be accumulated in batches as it falls further. One can only look for rebounds, not reversals.
If it goes down further, it will reach the vicinity of 880—1000, near the bottom of the last bear market. No matter what, there will be some rebound, so just focus on capturing the wave rebounds.
Support: 880—1000—1410
Resistance: 1758—1956—2100
If you like my views, please like, comment, and share. Let's traverse the bull and bear markets together!!!
The article is time-sensitive and for reference only; it is updated in real-time.
Focusing on K-line technical research, sharing global investment opportunities. Public account: BTC Trading Prince Fusu
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
