April 30 Market Breakdown:
On the four-hour chart, the Bollinger Bands are gradually expanding, and the price remains stable above the middle support area, indicating that there is still underlying strength in the market. However, the MACD indicator is a bit tangled, with the fast and slow lines forming a death cross pointing downwards, and the green bearish volume bars are continuing to extend, showing that there is short-term adjustment pressure.
Shifting the focus to the one-hour level, subtle changes are occurring: the three lines of the Bollinger Bands are beginning to narrow, and the price is repeatedly testing near the middle line. Although the MACD lines are also diverging downwards, the key point is that the green energy bars have shown signs of shrinking. This kind of conflict between larger and smaller cycle indicators often means that the market is brewing a trend change.
Trading Suggestion
The main currency is fluctuating around 93200-93700, with a target of 955-960.
Ethereum is synchronized.
