There is no market fluctuation over the weekend, suitable for waiting.

CN
1 day ago

Today is Saturday, April 5th. In the current market without any trends, let's chat a bit. What about today's market situation?

There is no clear direction and no entry points, so don't force yourself to make trades. It's time to relax and take a break. Give yourself a little vacation. When there is no market activity, we need to wait, but looking at the current lack of trends, we should prepare for future opportunities, as there will be market movements ahead.

From the current pattern, Ethereum has opportunities for low buying. Today's pullback position is between 1,780 and 1,760, where there are chances to go long.

The current neckline above is at 1,833. If it breaks through this level, there will be opportunities to open up space for further upward movement.

The next level to watch above is 1,910.

Currently, since the movement is slow, let's first see if it can break through 1,833. Only if it breaks through 1,833 can we look upward. If it cannot break through, it will continue to oscillate at this low level. The lack of direction ultimately stems from the weak liquidity in the market; without capital, prices cannot be driven up.

As for Bitcoin, it is still relatively short-term. The lower position for Bitcoin is 81,700, so the entire range is oscillating between 84,600 and 81,700.

Follow our public account: KK Strategy

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