Currently, the market is still dominated by bears, with the downward space being gradually opened. Do not rashly go long, as all rebounds are excellent high-altitude opportunities. This week, BTC at 70000-75000 is a key focus. With the tariff taking effect on Wednesday, April 2nd, it is a massive negative for the crypto market and also explains why the market will decline on Saturday and Sunday. RSI: The RSI indicator is in the oversold range of 28-42, showing strong selling pressure. EMA: The EMA indicator is currently declining, indicating that the short-term market is under downward pressure, and the EMA line can no longer provide effective support. MACD: The DIF line and DEA line are below the zero axis, with the red histogram turning green, signaling increased selling pressure.
