5.1.BTC.ETH.Noon Highlights

This month, special attention should be paid to the monthly candlestick level pullback actions. Currently, the daily candlestick level has been in the top area for too long, and the key at this stage is to wait for it to break through the upper or lower bounds of the horizontal range. If it breaks above 95700, it is expected to continue to explore the resistance range of 985 to 995; if it breaks below 920, further observation towards the support range of 895 to 885 can be made. To break the constraints of the daily horizontal range, very strong bullish or bearish momentum is necessary; otherwise, it will still be wide-ranging fluctuations.

Today, attention is focused on the support level around 94575 for Bitcoin. As long as the 4-hour cycle stabilizes at this position, there is still upward potential. The upper resistance levels to watch are 95750, 96980, and 98500. If the 4-hour cycle loses this position, the bearish momentum will trigger a short-term correction, and the lower support levels to focus on are 93555, 92850, and 91615.

For Ethereum today, the 1800 level serves as the boundary line. As long as the 4-hour cycle does not break this position, the overall momentum remains relatively strong. The upward resistance ranges to watch are 1830, 1855, and 1878. If broken, a short-term correction may occur, with lower support levels at 1760, 1730, and 1695.