Morning Analysis on April 30:

Bitcoin continued its fluctuating pattern yesterday, with the price making a third attempt to rise but ultimately facing pressure and retreating. Throughout the day, it repeatedly tested the $957 level but failed to break through effectively. Notably, although the bulls' advance was hindered, the bears also could not establish sustained downward momentum, resulting in a triple bottom pattern being formed on the hourly chart, indicating that the current market is in a brief state of balance between bullish and bearish forces. Technical charts show that the key resistance and support range has narrowed to a box between $940 and $955. It is recommended to continue with the range trading strategy during the day; if there is a breakout with volume beyond the box boundaries, it can be seen as a signal for trend initiation, at which point one can follow the trend. Currently, it is crucial to observe the effectiveness of the $957 resistance level and the $935 support platform, and to be cautious of the risk of false breakouts.

Trading Advice: Buy around 93500—94000, aiming for 95500—96000.

Ethereum: Buy around 1780—1800, aiming for near 1850. #区块链 #BTC #比特币 #ETH #以太