🚨 The White House refuted reports suggesting that President Donald Trump was considering a 90-day pause on tariffs. A White House official labeled these claims as "fake news," clarifying that National Economic Council Director Kevin Hassett's comments had been misinterpreted. The administration emphasized its firm stance on trade policies, particularly concerning China, underscoring the need for significant changes in trade relations.
🚨 ALERT: The market seems to be targeting the CME gap; however, a sweep of the existing Fair Value Gaps (FVGs) is likely required first. That said, it has already absorbed millions in liquidation clusters, with liquidation now sitting around 74,500, which could lead the price towards that level.
Pakistan has officially appointed Binance founder CZ (Changpeng Zhao) as Strategic Advisor to the Pakistan Crypto Council (PCC). This move signals a big step toward advancing crypto regulation, education, and adoption in the country. 🌍💹
📌 On April 3rd, when ETH was trading around 1,850, I highlighted a potential buying opportunity with a target near 1,550. As of today, ETH has moved in line with that outlook and is currently trading around 1,540. If the support at 1,530 is broken, the next key support levels to watch are 1,465 and 1,177.
📊 Additionally, a new CME gap has formed between 1,755 and 1,620, which is currently acting as a resistance zone. If this gap is filled, it could potentially drive the price back toward the 1,800 level.
📊 A new CME gap has formed over the weekend between 79,590 and 84,350 and is currently acting as a resistance zone. If Bitcoin manages to fill this gap, it could potentially push the price back above the 84,000 level.
🚨UPDATE: As mentioned on Saturday, April 5th, the position became active and reached the initial target of 78,600. As noted in our update yesterday, the price has now reached the second target of 76,600 and is currently finding support at this level. If the 76,600 support is also breached, the next potential support levels are at 75,650, 73,200, and 70,640.
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