#特朗普就职百日 5 May 1st Early Morning Trading Thoughts
BTC Hello brothers! Happy Labor Day! I believe everyone is driving on the highway, or maybe on a plane! Travel safely! Whether or not to trade is secondary! Life is the priority! On the night of the 30th, negative news came one after another, and Bitcoin just dipped near 92800 and rebounded back. The previous low of 92600 has not been broken. I originally wanted to redraw a chart, but for now, it seems unnecessary, as the current closing is within the triangular area I drew. Whether the market can continue to rise tonight depends on whether the 4-hour level can return to 94800. If it can stabilize at this price, it can still rise! If the 4-hour level cannot return to 94800 or 94300, then a short position can be opened around here. Pay attention to the support levels below: 93500, 92600, 91600! Those who want to go long can wait to enter at the last two prices! Stop loss at 91000!
ETH Ethereum just retraced and did not break the 1720 I posted on the 30th. Currently, the upper resistance level is around 1785. Only if the 4-hour level stabilizes at 1785 can the rebound strength be strong, with resistance levels at 1830, 1850, and 1880! If it can't rise above 1785, then it can also turn short. The support levels below remain at 1750 and 1720. Only if it successfully breaks below 1720 will the market begin to reverse! Long positions can wait to enter around 1680 and 1660!
SOL Currently, it has broken below the daily support of 145 and has just reached the 140 level I mentioned in my post. Those who saw the post probably bought long there. Currently, the 4-hour level can only show strong rebound strength if it stabilizes at 145! If it cannot rise above 145, then it is bearish! Short-term support levels are 138, 136.6, and 135 for long positions to wait to enter! $BTC