April 7th BTC/ETH:

Tonight, the US-Iran negotiations' final deadline for a ceasefire—could it be the turning point for the market?

Although Trump claims to stay on high alert, ready to unleash full force if talks break down, based on previous handling methods, the most likely outcome is continued delays and prolonged negotiations. In trading, remember to stay defensive; after all, Trump occasionally draws K-lines with his mouth. The overall trend hasn't reached a true bottom yet, so the bottoming opportunity has not arrived!

BTC
The price around 7000 is a dense zone of chips. Yesterday, I emphasized that without stabilization above 7000, the price could dip further. The price has indeed tested around 7000 as expected. Currently, on a smaller timeframe, a pullback has broken support and formed a death cross downward. Watch whether the rebound can break through 6920 during the day; if it can't, the small timeframe will continue to pull back, and a break below 6780 would mean a deeper retracement. Pay attention to this short-term level; follow the trend, with higher emphasis on the main trend.

Around the 8920-8970 zone, with support at 7050, and a target of 6780. If broken, look toward 6670-6550.

ETH
Around the 2132-2156 zone, with support at 2198, and a target of 2080. If broken, look toward 2033-1978.

Short-term trading should be flexible and adaptable. Support levels depend on your actual position! $BTC #Gate广场四月发帖挑战