Geopolitics and Macro Triggers: A Trader’s Perspective on Crypto Movements

The previous week was remarkably uneventful for Bitcoin, as geopolitical tensions and economic indicators dominated the narrative. The initial broad trading range of $65,000-$74,000 has now narrowed down to a tight sideways channel between $66,000 and $68,000. This shift is largely influenced by ambiguous statements from former US President Donald Trump and continuous delays in deadlines.

Bitcoin Analysis

Scenario A: Retracement for Fuel Collection and Leap Forward

At the start of this week, an unfilled 4-hour Fair Value Gap (FVG) emerged on the charts. Filling this zone could enable Bitcoin to confidently continue its upward trend. There is substantial liquidity above that could be targeted historically during strong months like April.
However, stable data on CPI, PCE, and GDP remain crucial. Inflation might present unexpected developments, particularly with Trump’s promises of new statements scheduled for Wednesday morning. The current positivity may be preemptive ahead of these announcements.
Explore more details through this BTC/USDT.P chart.

Scenario B: Monday’s Spike and Draining Movement

Through initial manipulation, liquidity beyond the $70,000 mark may be tapped before experiencing a reversal leading to continued correction. This downward movement aims at breaking past last month’s lows towards the $62,400 zone.
Technically speaking though, there is a prevailing sense that global correction phases have completed their formation; thus we might transition slowly into a new accumulation phase preceding substantial growth.
For additional insights refer to this BTC/USDT.P chart.

Scenario C: Intense Sideways Movement with Breakouts

Currently wedged tightly between two 4-hour FVG zones both above and below price levels suggests alternating liquidity maneuvers — market makers potentially targeting stops in both directions before realizing true directional moves.
In such volatile conditions crucial entry decisions depend heavily upon major player reactions rather than mere shadows or false spikes.
Detailed views can be explored via this BTC/USDT.P chart.

Mood & Tactics

This week brims with macroeconomic events interwoven into geopolitics — currently primary tools wielded manipulatively across markets today! Initial days within April showcased robust activity; maintaining momentum remains imperative henceforth! Closely monitor liquidity transitions within order books alongside headline news coupled alongside real-time price reactions!
Preserve deposits while gearing up against volatility waves ahead!

Ethereum Outlook: Awaiting Miracles or New Trend Realization?

Last week perfectly executed scenario B from previous reviews without deep corrections yet sustained early uptrend resumption continuing recovery effectively trapping price action between $2200 resistance area vis-à-vis localized supports around $2000 levels respectively!
Noteworthy observation indicates if Bitcoin successfully pierced prior week’s highs Ethereum still lags behind thereby leaving room open towards eventual bursts though simultaneously hinting at buyer vulnerabilities locally present!
Engage more deeply using this ETH/USDT.P chart.