2025.4.29 Morning BTC/ETH Market Analysis
Last night's low-volume pullback rhythm must be caught by the traders! ETH's lowest in the evening was 1742, quickly regained the key point of 1753, and the highest rebound reached 1810. This wave had a space of 70 dollars, and according to our rhythm, there was an opportunity to gain at least 30-50 dollars of profit!
BTC Focus
Support at 91700/89500/88547
Resistance tentatively at 96000/97000
The current key point remains at the 94000 line, paying attention to whether there are signals of a volume break below 94000 during the day. Once a volume break occurs, it will open up significant downward space!
ETH Focus
Support at 1675/1585/1500
Resistance tentatively at 1828
Key position at 1753, touched it in the early morning, immediately bounced back around 60 dollars. Continue to pay attention to gains and losses throughout the day, and if it breaks down, look for support confirmation at the 1705/1675 line! Traders should see if the double bottom structure can be established after breaking down and touching the early morning low!
SOL Focus
Support at 140/133
Resistance at 167
Pay attention to the gains and losses around 140. If trading, focus mainly on BTC/ETH; there aren't many opportunities for SOL in the next couple of days, so let's focus on Bitcoin and Ethereum!
Operations: As the end of the month approaches, with monthly closings intersecting, it is easy to see extreme market movements. Therefore, it is not advisable to hold long-term positions; quick entries and exits are suitable. It is advisable to take out the principal plus some profits immediately when there is space, with a casual approach to the bottom position!
In the past week, pay special attention to the stability of certain tokens around the MA30/MA60 lines, looking for new entry points!