3.31 Morning Bitcoin Brief: Bull-Bear Stalemate, Old Trump’s Unilateral Statement as a Positive Signal, Caution Against Sustainability!

Last night, BTC dropped from around 68,148, and this early morning, the bears intensified the decline to 66,200. Ethereum started falling from 2,086 in the afternoon, touching a low of 2,012;

Providing Jingwen BTC: 67,750, ETH: 2,050 short positions for profit-taking opportunity, currently pulled back again due to news sentiment!

Recent news has been complex and intertwined, with a mix of bullish and bearish signals, leading to very strange movements: first breaking lows then rallying;

When opening positions, be sure to consider carefully, or you may face “chasing the highs and selling the lows, suffering losses on both sides.”

After the early morning oversold dip below 66,200 on the hourly chart, bears reduced volume, and combined with Trump’s willingness to ease geopolitical tensions, oil prices instantly dropped,

Precious metals gold and silver surged accordingly, BTC and ETH rebounded instantly; technicals are heavily constrained, so consider their value cautiously;

Support at the lower band has been raised above 66,000, with a short-term stagnation after breaking 68,000. Watch the resistance around 68,600 on the 4-hour chart.

The 6-hour and daily charts are forming a top around 69,000–69,800. Same old story: Trump’s unilateral statement as a positive signal, beware of sustainability!

BTC suggestion: go long around 67,000, add on dips at 66,500, target 68,000–68,500;

ETH suggestion: go long around 2,040, add on dips at 2,010, target 2,080–2,100.

No malicious guidance, just sharing ideas, adhering to community guidelines.