Master Discusses Hot Topics:

Yesterday, a friend insisted that I talk about OM. To be honest, I really don't want to mention any altcoins this year. This thing has crashed from $6 all the way down to $0.5. Speaking of which, I've been in the crypto space for so many years, I've seen my fair share of ups and downs.

In fact, many altcoin projects have been quite terrible from last year to this year, but the way the manipulators of these projects behave is even worse. If you've been in the game long enough, you should have seen many projects collapse.

I'm a cautious person; I absolutely won't touch projects or coins that I can't understand fundamentally or technically. If you're stuck, just accept it. That's how the crypto space works; you gamble, you take the loss.

Back to the main topic, currently, U.S. stocks and Bitcoin are both experiencing slight increases. The U.S. government is constantly adjusting tariffs, which feels like a smokescreen; the actual tariffs might not be that severe.

Federal Reserve's Waller has also spoken out, saying that if the average tariff in the U.S. really reaches 25%, inflation might spike temporarily, but the economy would likely go into recession.

If a recession does occur, he supports quickly cutting interest rates to save the situation. However, if tariffs are around 10%, inflation will linger, but the economic impact won't be significant, so the Fed will have to be cautious about lowering rates. If inflation can drop back to 2%, there might be a rate cut in the second half of the year.

In short, Waller believes that if tariffs really rise to 25%, the U.S. economy will likely suffer greatly, and any rate cuts would just be a delay, not a solution.

Returning to Bitcoin, the Americans are still causing chaos. What we can do is see through the essence and make money from the root. Currently, Bitcoin hasn't seen a significant drop in volume; it's been hovering above $80,000 for three to four days, which isn't bad for us.

If Bitcoin does drop, chasing profits might not be as satisfying as buying in at a high position. Yesterday, my article had a short position set between $85.3k and $86.7k, which made nearly 2,000 points, and based on on-chain data and publicly available costs from institutions, they are likely positioned between $50k and $70k. They can't lower their costs from this position, so further declines would benefit the institutions.

Looking at the majority of retail investors, they are still on the sidelines, with no new money coming in. The Americans haven't figured out their own problems yet, so the conclusion is that Bitcoin could drop at any time; only a significant drop can adjust market sentiment. Currently, Bitcoin is starting at $85k, and in the medium term, the chances of a drop will definitely be greater than that of a rise.

Master Looks at Trends:

Resistance Levels Reference:

First Resistance Level: 86100

Second Resistance Level: 85500

Support Levels Reference:

First Support Level: 84300

Second Support Level: 83200

Today's Suggestions:

Although Bitcoin experienced a brief drop yesterday, it has now recovered and is maintaining an upward trend line. Technically, Bitcoin is forming an ascending triangle convergence pattern. If it can hold the upward trend line below, it is expected to test the resistance level of $85.5k.

Given the current market volatility, it is important to be aware of the possibility of temporarily breaking the upward trend line, so it is recommended to pay attention to the first and second support levels below when operating.

The first resistance level is the upper resistance of the ascending triangle convergence pattern. If it breaks the neckline, further upward movement can be expected. It is advisable to wait for a pullback after a retest before entering the market.

Although the market atmosphere has improved, it has not yet reached new highs, so be cautious of profit-taking pressure at the resistance levels. When operating, consider taking profits in a timely manner at the resistance levels to gradually accumulate profits.

In the short term, maintaining the first support level is crucial for sustaining the current upward trend. If this support is broken, the speed of the rise may slow down. When testing $85k, it is recommended to look for entry opportunities near the upward trend line or the first support level.

If a sharp drop occurs, pay attention to the second support level. During a sharp drop, a lower shadow may form near the second support level, which can also serve as an entry opportunity for short-term trades.

4.15 Master’s Band Pre-Set:

Long Entry Reference: Not currently referenced

Short Entry Reference: Light short in the range of 85500-86100, Target: 84300-83200

This article is exclusively planned and published by Master Chen (public account: Coin God Master Chen). Master Chen is the same name across the internet. For more real-time investment strategies, solutions, spot trading, short, medium, and long-term contract trading techniques, operational skills, and knowledge about candlesticks, you can join Master Chen for learning and communication. A free experience group for fans has been opened, along with community live broadcasts and other quality experience projects!

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