#美国数字资产储备

🌈Lin Ge says market trend

1. Bitcoin, expected range 83000-79000, expected trend is to rise and then fall;

2. Ethereum, expected range 1920-1800, expected trend is to rise and then fall;

3. Tonight at 22:00, US March one-year inflation expectations (expected to be bearish)

Next Thursday at 02:00, Federal Reserve seat decision and press conference

【Market Analysis】

1. Although yesterday's PPI data was slightly positive, Bitcoin and Ethereum experienced a smooth decline afterward, showing characteristics of weak rebounds;

The reasons include ① the cryptocurrency market lacks positive news, ② facing outflow of institutional funds, ③ being affected by the panic of last night's US stock market crash;

2. The US stock market has been in a downward trend this month, and it may continue to undergo a deep correction, with about 10% correction space still possible;

3. There is still a possibility of a significant drop in the US stock market on some days (the inflation data at 22:00 tonight is a key point), and ongoing negative impacts from trade wars and the US government debt ceiling expiration causing a standstill. We need to guard against pessimistic/panic sentiments from the US stock market causing another sell-off in the cryptocurrency market.

4. The inflation data at 22:00 tonight is expected to cause intense volatility; if the data is positive, it may lead to a rebound in the US stock market, which could also drive a rebound in the cryptocurrency market;

If the data is negative, another significant drop may occur (the drop could even extend into the weekend);

5. Tonight's market is expected to decline.

【Others】

1. The cryptocurrency bull market is already half dead (Trump signing the cryptocurrency reserve plan does not add new purchases, losing imagination space);

Maintaining a bearish view on recent trends (Bitcoin's main range is seen at 80000-90000, Ethereum's main range is seen at 1800-2000, guarding against another significant drop in the US stock market causing Bitcoin to fall below 75000/Ethereum near 1600, if it happens, it can be a buying opportunity);

2. For altcoins/spot, it is recommended not to hold them for the medium term; if the rebound reaches 30%-50% of the decline from December to now, it is time to exit.

3. For more influencing factors and medium to long-term expectations, you can refer to my midday opinions from the past two weeks.

In terms of strategy, I still recommend shorting during rebounds 🈳🈳🈳