Master's Discussion on Hot Topics:

It is said that the only imports still facing tariffs are automobiles and auto parts, and there is potential for negotiation and alleviation regarding the tariffs with Dongda. In the coming period, tariffs may gradually release favorable conditions, which aligns with the Master's previous expectations.

The tariffs on April 2nd represent the worst-case scenario, with almost no possibility of implementation, and the harm from tariffs will gradually decrease. However, aside from tariffs, the economy cannot be overlooked. This has become a problem; if the economy is good, the Federal Reserve will not rush to cut interest rates.

If the economy is not doing well, a rate cut by the Federal Reserve indicates an increased possibility of recession, making the economy the main headache moving forward. The focus will still be on the GDP data to be released at the end of April, which will be of greater importance.

Returning to Bitcoin, the weekly U-shaped reversal trend is similar to that after May 19, with prices reaching new historical highs. The weekly bullish engulfing pattern, combined with no announcement of any tariff exemptions on electronic products on Friday, indicates that even negative news cannot break new lows, which is a sign of market reversal.

In the earlier period, the weekly trend showed a bulldozer-like slight increase, and in the mid to late period, as the main upward wave before the rate cut begins, there will be selling near new highs. With the bulls strengthening over the weekend, some friends have started asking if the trend has reversed. Personally, I believe we are on the eve of a reversal.

Because a trend reversal must first break through 93k, the current rebound is a weekly level pullback, and yesterday morning completed a three-day line pullback, with a high of 86.1k.

So if it breaks through here, it will head towards the upper Bollinger band of the daily line at 88.5k, which is the strongest resistance during this period. A breakthrough would target 91 to 93k. If it cannot break, it may pull back to adjust between 85 to 83k. With strong bulls, the short-term strategy should shift to focusing on low long positions, with high short positions as a supplement, and only shorting larger points.

Master's Trend Analysis:

Resistance Levels Reference:

First Resistance Level: 86600

Second Resistance Level: 85300

Support Levels Reference:

First Support Level: 83350

Second Support Level: 82300

Today's Suggestions:

Yesterday, Bitcoin dropped from 86k and is currently rebounding. This kind of adjustment is quite normal, especially before prices surge too high and enter the overbought zone, so the current adjustment is still considered healthy.

The first resistance level at 85.3k is the high point at yesterday's candle close. If the price can stabilize around this area and slowly raise the low points, there is hope for a breakthrough. After breaking through, it may retest for confirmation, which would also be a buying opportunity in the ultra-short term.

However, from a market psychology perspective, stabilizing in the range of 85 to 85.3 may be a bit challenging. Therefore, attention should be paid to trading volume; if the volume does not keep up, the price may need to adjust and consolidate for a while.

The first support level at 83.5k is currently the most important support level, as it was previously a resistance area. Now it coincides with the 120 and 200-day moving averages, so buying in this range in the ultra-short term is relatively cost-effective.

If the first support cannot hold, the price may decline to 82.3k. If there is a sharp drop, one can pay attention to the lower shadow of the candlestick to find opportunities to enter a short-term rebound.

4.14 Master's Wave Strategy:

Long Entry Reference: Light positions in the 81400-82300 range, Target: 83350-85300

Short Entry Reference: Light positions in the 85300-86100 range, Target: 83350-82300

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