Crypto Daily Brief – April 7, 2026

April 7, 2026-13Market SentimentStrongly bearish13 cryptocurrencies analyzedToday's cryptocurrency market sentiment is strongly bearish, with a score of -13.3 out of 100 across 13 cryptocurrencies. The market's downturn is largely driven by negative performances from major coins like Ethereum, which has dropped 2.9% to $2,089, and TUSD, down 50 points. In contrast, ZEC stands out as a bullish exception, with a sentiment score of 75, bolstered by a recent trading signal suggesting a long position with a target range of $269.5 to $296.6.Recent news has added to the mixed sentiment. A report highlighted impressive gains in March for various altcoins, with PNL summaries showcasing returns of over 180% for some trades, fueling hopes for a potential market rebound. Additionally, the anticipation surrounding Morgan Stanley's spot Bitcoin ETF launch tomorrow has sparked interest, with predictions of Bitcoin potentially reaching $110,000 as strategies adapt to new supply dynamics.However, the overall mood remains cautious, as extreme fear persists within the community, reflected in a fear and greed index score of just 11 out of 100. With no recent activity on Reddit to gauge…