Daily Trading Analysis: A Detailed Breakdown of Market Momentum BTC 7th April 2025
After an intense weekend of volatility driven by global market concerns, Bitcoin opened the new trading week with aggressive price action that kept traders on edge. Monday morning brought significant swings in both directions, reflecting a market still trying to digest macro uncertainty, technical levels, and weekend-driven liquidity.
30-Minute Chart Analysis
Coming off the weekend lows, BTC made a push upward in the early hours of Monday. The rally met resistance at a key zone—previously a support level during the weekend’s sell-off. Although price briefly broke above this resistance around the Monday open, the first hour and a half of the U.S. session was marked by extraordinary volatility. A staggering 7.19% price discrepancy in just 90 minutes likely triggered widespread liquidations, catching both long and short traders off guard.
Following the initial spike, price pulled back and found support at 77.3k, the same level it had just flipped from resistance. From here, a short-term bullish structure emerged as BTC began printing higher highs and higher lows post-market close, climbing back toward the 80k mark. However, the rally was capped once again at the 200 EMA, where price faced a clean rejection.
As the market heads into the next New York session, BTC has already started forming a new lower low, signaling that the broader downtrend remains intact. Given current market dynamics, short setups still present a higher probability for intraday traders—especially with macroeconomic uncertainty looming.
Daily Chart Analysis
Zooming out to the daily timeframe, Sunday’s candle closed with a pronounced rejection wick from the 73–74k demand zone. This level continues to act as a major area of interest, as buyers consistently step in to defend it. However, despite the defense, BTC failed to maintain upside momentum, highlighting the cautious sentiment among market participants.
Looking ahead, the daily chart suggests the wick from Sunday’s candle could be filled in the coming week or two. With major macroeconomic events on the horizon—including updates from the Federal Reserve and more clarity on international tariff policy—price could revisit the 73–74k zone to retest demand or even break lower if global sentiment deteriorates further.
From a technical lens, this zone is absolutely critical. A sustained break below could open the floodgates for further downside, whereas a solid bounce could reignite mid-term bullish sentiment.
Summary
The beginning of the week has already been marked by massive intraday volatility, wide-ranging wicks, and no clear directional bias in the short term. Traders should be prepared for continued uncertainty as the market reacts to major economic news and key support zones.
Key Takeaways:
BTC surged early Monday, rejected at previous weekend support
7.19% swing in 90 mins led to major liquidations
Price rejected at 200 EMA and resumed downtrend
Daily chart shows strong rejection from 73–74k support
Upcoming news from the FED and global trade tensions could decide BTC’s next macro move
This is a time for strategic patience—aggressive trades without confirmation could be punished in these conditions. Short bias remains logical, but be ready to flip if the macro backdrop shifts.
