Good afternoon, everyone. It's a sunny day today, and the May Day holiday is approaching. The monthly line has also closed. This month, pay attention to the pullback of the monthly line level. The larger the level, the greater the pullback fluctuations. Be careful; some people complain when there’s no market, but when a big market comes, some criticize it. It’s hard to please everyone!
The daily level of BTC has been in a top consolidation for 9 days now. Anyway, we are just waiting for it to break out of the top and bottom of the daily consolidation area. If the top at 95770 is broken, look up at the pressure range of 985-995; if the bottom of the consolidation area at 916 is broken, look down at 895-884.
The tops and bottoms of the daily level need to break for a strong surge or crash to occur; otherwise, it will continue to oscillate in a range as it did last night. I shouldn't have to remind you again about how to open positions in a range since I’ve been talking about it for days now!
Today's market analysis:
$BTC BTC today pay attention to the position of 94590. As long as the 4-hour level does not break below this position, the market will continue to rise. The upper resistance levels to watch are around 95770-96980-98500!
If the 4-hour level breaks below 94590 today, then the 4-hour level will start to correct, indicating that the market cannot go up and will continue to test the lower support levels around 93565-92845-91620!
$ETH ETH today pay attention to the position of 1800. As long as the 4-hour level does not break below this position, the market will continue to rise. The upper resistance levels to watch are around 1830-1855-1880!
If the 4-hour level breaks below 1800 today, then the 4-hour level will start to correct, indicating that the market cannot go up and will continue to test the lower support levels around 1762-1730-1690!
$BNB BNB today pay attention to the position of 600.5. Only if the 4-hour level stands firmly above this position will the 4-hour level start to rebound. The upper resistance levels to watch are around 604.3-610-614!
If the 4-hour level cannot stay above 600.5 today, it means the rebound lacks strength, and it will continue to test the lower support levels around 595.3-591.3-587.2!
SOL today pay attention to the position of 147. As long as the 4-hour level does not break below this position, the market will continue to rise. The upper resistance levels to watch are around 150.3-153.2-157.2!
If the 4-hour level breaks below 147 today, then the 4-hour level will start to correct, indicating that the market cannot go up and will continue to test the lower support levels around 144-141.3-138!
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