BTC/ETH/SOL Intraday Market View (2025.4.30)
Good afternoon, brothers! The ETH short position given yesterday at 1827—1857 captured a maximum profit of 50 points! It's a bit unfortunate that the BTC short point given at 95500 missed by 74 points. The SOL long position also had a profit of 4 points..... Let's keep going today:
To be honest, the trading opportunities have been particularly poor these past two days, and if one's experience is lacking, it's very likely that all the previous earnings could be wiped out......
$BTC is currently in a high-level consolidation process forming a wedge pattern, and it is temporarily uncertain whether it is a continuation of an upward trend or the eve of a downward trend, so we will adapt accordingly..... Today's thought process is not much different, first looking at it as a consolidation (upward resistance 95450—96500, downward support 92600—91600). If the range breaks, look upward at 97200 and downward at 91000.
$ETH is still operating within a consolidation box, and it has been relatively strong recently. The 1835 resistance has been tested 4 times already, which is not very stable, so first pay attention to the pressure situation at 1830—1860 to enter a short position. If it truly breaks through, it may shift to the right side or go up to 1900—1930 to enter a short position, with downward support at 1767—1742, 1751—1698.
$SOL upward resistance is at 151.7, 157, and downward support is at 142.7, 138.7, 133.7.
