Analyst Liangqiu: 7.9 BTC is in sideways fluctuation, with ETH making several attempts to surge. Is this the final frenzy?

Every arrival of market sentiment will touch upon recent highs before starting to decline. In the afternoon, ETH once again surged to break the recent high, reaching around 2649, while BTC remained inactive. In fact, the repeated high market sentiment trends tell us that in a bull market, BTC first initiates multiple rallies, then starts to consolidate while waiting for ETH and altcoins to surge. However, since this wave of market sentiment, altcoins have generally performed poorly. ETH began to rebound under the circumstances of BTC's repeated sideways movement, which aligns with the alternating upward pattern. However, after the alternating upward movement breaks the high point, it also signifies the end of the frenzy, and a significant decline is imminent.
Last night, I mentioned that due to tariff policy, the aviation market rebounded to the bottom on April 2nd, and ETH has doubled since then. Now we are once again at an important juncture regarding tariffs. Regardless of whether the news is good or bad, it will eventually settle, and settling means the end of this round of aviation market. At this position, chasing higher prices is meaningless. In fact, the current rise is also a good opportunity for medium to long-term布局, with BTC and ETH potentially reaching 90000 and 2000 respectively in the medium to long term. Moreover, this timing is not too late, and it is highly likely that it can be realized before the end of next month. However, during this period, we need to focus on the volatility of long and short positions.
Short-term trading advice BTC: around 108800 to 109300, target around 107000; ETH: around 2625 to 2640, target around 2550.
[The above analysis and strategies are for reference only, please bear the risk yourself. The article review and publication do not have timeliness, and specifics are subject to real-time updates.] #Gate VIP理财送茅台 #美加征关税 #Gate xStocks 交易体验