Crypto Circle Li Ying: Will the Bitcoin Short Squeeze Back on May 1 or Will the Bulls Crush? Ethereum 1730 Support is Valid and Can Be Held, Latest Market Analysis
Crypto Circle Li Ying: Latest Market Analysis for Bitcoin on May 1
Article Published on 2025.5.1—01:00
The current price of Bitcoin is 94000, and the market has reached the entry point of 93000 given by Li Ying. Has everyone entered? There is already a space of over 1000 points, congratulations to the traders who followed along. Currently, the market price action is fluctuating within the range of 94000 to 95000, forming a consolidation pattern with heavy selling pressure above. The technical indicator MACD shows weakening bearish momentum, which may turn around. The overall market appears bullish according to EMA, but there is a need for short-term adjustment. Do not doubt the bullish trend; at least for now, the trend is still bullish, so the focus should be on bullish positions, temporarily avoiding shorts.
Today's Li Ying Point Prediction
Long Point 93000, Add Long at 92000, Stop Loss 500 points, Target 95000
Short Point 95000, Add Short at 96000, Stop Loss 500 points, Target 93500
Ethereum Analysis
The current price of Ethereum is 1755, and Ethereum has tested the support at 1730, which is valid for holding. The market price action is still fluctuating at a high level, forming several long upper shadow candlesticks. Li Ying judges that there is heavy selling pressure in the market, and there have been several significant fluctuations within 4 hours, indicating strong selling power in the short term. The technical indicator MACD still dominates with a bearish trend, and there is significant pressure on the short-term and medium-term moving averages according to EMA, while long-term support still exists. This means that as long as the support around 1730 holds, bulls can continue to hold without rushing to exit. The target remains unchanged as long as risk control is done well.
Today's Latest Point Reference
Long Point 1750, Add at 1720, Stop Loss 30 points, Target 1800
Short Point 1840, Add at 1860, Stop Loss 30 points, Target 1750
The above analysis by Li Ying is based on market data and trend analysis of the price action, and does not constitute investment advice. For family reference. $BTC