Bitcoin and Ethereum Market Analysis on April 3rd: BTC, ETH Today's Outlook
Market Review
Yesterday, BTC continued to rise, with significant fluctuations in the early morning due to special tariffs, experiencing a short-term surge followed by a quick pullback. The current trend has not broken through, with an expected intraday consolidation and recovery. It is recommended to wait patiently for stabilization before taking action, while maintaining confidence in the long-term outlook
The secondary market followed BTC's synchronized pullback, returning to the previous oscillation range. The intraday expectation is continued sideways consolidation, with a sluggish market, requiring patient waiting for stabilization
Altcoins synchronized with mainstream trends, with most cryptocurrencies still declining. Patiently wait for mainstream stabilization before taking action, focusing on the primary market. BSC chain activity has increased, suggesting consideration of BSC ecosystem coins. SOL chain activity has somewhat recovered, with potential interest in MEME coins. For existing holdings, patience is advised while waiting for market recovery
Today's Focus:
BTC 1-hour and 4-hour levels are below healthy levels, with daily levels also below healthy levels. Intraday expectation is consolidation, while long-term outlook remains intact. Intraday support is 82,500-83,000, with resistance at 85,000-86,000
ETH 1-hour and 4-hour levels are below healthy levels, with daily levels also below healthy levels. Intraday expectation is consolidation, with intraday support at 1,780-1,830 and resistance at 1,870-1,920
