#Gate广场四月发帖挑战 Main Force Undercover Battle: BTC and ETH fluctuate in search of a bottom, with increasing divergence in funds!

The market appears calm on the surface but is actually turbulent beneath. BTC repeatedly swings around the 67k mark, ETH struggles around the $2,000 level, and the bullish and bearish opinions are very divided. Major funds are quietly accumulating at low levels while also dumping at high levels to shake out weak hands, making it easy for retail investors to be washed out.

1. Today's Market Overview
BTC, current price: around 66,800
24h: fluctuating downward, with the lowest reaching 65,800, rebound weak
Trend: weak oscillation, dominated by bears, multiple rebounds encountering resistance
ETH, current price: around 1,990
24h: decline greater than BTC, once again falling below $2,000
Trend: clearly weaker than BTC, with stronger fund outflows
Summary in one sentence: BTC shows weak oscillation, ETH breaks down and weakens, overall bearish, main forces are controlling the market and shaking out weak hands.

2. Main Fund Movements
1. On-chain: Whales flip-flopping, huge divergence
Sell pressure signals
In the past 24 hours, large BTC transfers to exchanges continue, whales are selling in batches at high levels to lock in profits.
Signal of market support, meanwhile, whales holding over 1,000 BTC are accumulating in batches below 66,000, showing obvious hedging and divergence.
ETH funds mainly flowing out, large holders reducing positions significantly, buying interest weak, sell pressure more direct.

2. ETF: Slight institutional inflow but confidence remains low
BTC spot ETF: Slight net inflow of about $69 million, ending continuous outflows.
ETH spot ETF: Slight net inflow, institutions hesitant and cautious. They are testing the bottom but not daring to enter heavily, just light positions for testing, not a reversal signal.

3. Futures Market: Main players are squeezing out retail investors
Over $400 million liquidated in the past 24 hours across the entire network, both longs and shorts wiped out.
Perpetual contract funding rate: continuously negative, market sentiment very bearish, main players opening shorts at high levels and closing at low levels repeatedly to harvest.

Conclusion
Main players are controlling the market with oscillations, selling high and buying low, shaking out weak hands.
BTC Key Levels
Resistance levels:
First resistance: 67,500–68,000 (intraday)
Second resistance: 69,000–70,000 (mid-term)
Support levels:
First support: 66,000–65,800
Strong support: 65,000

ETH Key Levels
Resistance: 2,050–2,100
First support: 1,980–2,000
Strong support: 1,920–1,950

Trend judgment: ETH is clearly weaker than BTC, bears are dominant, with higher risk. Watch more and act less.

3. Tomorrow’s Outlook
BTC: continue oscillating in the 65,800–67,500 range, bearish, weak rebound
ETH: follow the weakness, likely testing support at 1,950, high risk of breakdown
Trading keywords: light positions, observe, reduce on rebounds, avoid bottom fishing, control risk. $BTC