State of Mind - April 3rd

New day on the crypto market!

After that long Easter weekend, it's good to finally see the market come up. Indeed this weekend was painful for the whole market. Total market capitalization reached a low of $243 billion on Sunday. Today, at the time of writing, the market has risen to $276 billion in capitalization.

The Bitcoin, after reaching $6438 this weekend, is currently trading at $7385. Nevertheless, I urge you to remain cautious as there is no indication that the long-term downtrend is over! It is possible, the indicators in daily time horizon give good signals. In addition, there is an upward divergence between prices and the MACD, but caution.

The resistance around $7800 will set the tone for the week ahead. In the meantime, take a look at the main key levels to watch!