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No Pass Host｜Tonight’s US Stock Market Session ETH Trend Forecast (April 7)
Family, good evening. I am No Pass. Today, ETH was pretty complicated during the day: it spiked up then pulled back, trading mostly weakly with choppy movement. The highest it reached was 2169, then it kept dropping straight down to 2086. It hovered around 2100 during the mid-day chat, and during the afternoon live stream it “ate a lot” with friends up to 2120, then it fell to 2072. Right now, it’s still hovering around 2080. On-chain whales are trimming positions, and they’ve also opened large short positions. Obviously, a risk-averse sentiment is overpowering rebound momentum.
How should we look at the opening of the US stock market tonight?
Bearish-leaning consolidation—drop first, then bounce back—range trading mainly.
1. US stocks open lower and drag ETH down
Pre-market NASDAQ futures are down 0.7%, and tech stocks are broadly falling. Risk sentiment cools down. ETH is a high-volatility risk asset, so at the open it will most likely follow the decline. First look at support at 2070—2050.
2. Watch two key points
◦ Middle East news: no fighting breaks out, ceasefire talks going around → quick rebound, and 2120—2150 is strong resistance
◦ PPI data: inflation above expectations → rate-cut expectations get extinguished again → ETH stays weak
3. No Pass gives you practical trading ideas
◦ Steady: wait for the US stocks to sell off, then when ETH pulls back to around 2050, catch the rebound with a light position
◦ Aggressive: short at the open, stop-loss at 2110, target 2060
◦ Risk control: tonight don’t take a heavy position, don’t hold bags; if the news changes, the trend changes within a second
One-sentence summary
Tonight’s ETH: a low open is the norm. Rebounds depend on the news; a crash depends on whether fighting starts.
Hold above 2050 and there will be a rebound; if it breaks down, watch the 2000 round-number level.
Family, keep the rhythm steady. Don’t get shaken out—follow Brother Du’s signals. Tonight you’ll enjoy a steady win and eat well!
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