Tonight, the market took down 177,776 traders, with $531 million wiped out in an instant, probably the largest amount and number of liquidations in nearly a month; last night, a bunch of fools blindly shorted just because of the possibility of a new war between the US and Iran, trading without relying on indicators, chasing after old Trump’s tail every day—do you think you are Eric, Trump’s son?

News always serves only as a reference; as the main basis for trading, looking at over 200 years of financial history, it’s mostly been a losing game with no scars left!
It’s not that news has no impact on the market, but that news accounts for a small part of the long-term stage in history; stretch out the timeline, and you’ll find that what always determines the trend is capital liquidity and the market’s self-repair tendency!
As retail traders, without insider information or access to top decision-makers, the only thing you can do is look for clues in indicators—that’s the fairest way for you!
BTC
Support levels at 70,850 / 68,150 / 67,135
Resistance temporarily set at 78,450
At this moment, the key level at 75,475 is likely to be challenged again; having come this far, not testing or challenging it, or even breaking through to test the strength of the bears, is unnecessary—so when volume and price rise together, shorting now, isn’t that going against the trend?
Those who don’t think ahead will have worries soon; those who don’t plan for the long term are not fit to plan for a moment; those who don’t consider the whole picture in trading, how can they grasp profits from the subtle details?
ETH
Support levels at 2,225 / 2,035
Resistance temporarily set at 2,749
The key level at around 2,405 is just like the 75,475 level for Bitcoin—depends on the strength of the main players!
XAU
Gold had a small pullback last night, which is a good opportunity to buy; the rhythm is basically in line—falling first, then rising!
Trading advice does not constitute any investment recommendation: today, gentlemen, do not stand under a dangerous wall; definitely don’t short now. With strong volume and new highs, shorting would be going against the trend—wouldn’t that be foolish? No good opportunities in the morning session; wait for more volatility during the European-Asian and evening European-American sessions, or before and after the North American open—only then will trading opportunities appear. At this high level of stagnation, there are no trading chances; if you really can’t hold back, look for some small altcoins, set tight stops, and have a little fun! #Gate广场四月发帖挑战 $BTC $ETH