📉 ETH Bull Trap Full? From Monthly to 1H, Bulls Struggle, Bears Gather Strength, Is This Rebound a Lifeline or Prelude to Further Decline?
🚨 #DingDing Cryptocurrency Market Analysis Daily (2025/05/01)
According to the latest market data from #Binance, all levels show a weak bullish and strong bearish structure; if the bull rebound does not stabilize, we may face a bear slaughter again! 🔥
Summary of analysis for all levels:
- On the Monthly chart, the bearish structure continues; if this month cannot close above 1957, a bottom cannot be established, and after hitting resistance, the probability of breaking down is high.
- On the Daily chart, bulls are fully loaded and have formed a temporary double bottom, but if the moving stop loss is broken, it may turn into a bull trap, with bears regaining control.
- On the 4-Hour chart, the consolidation pattern continues, with initial signs of bulls on the left side, but the right side has not yet strengthened, and resistance in the range is approaching.
- On the 1-Hour chart, the bulls' moving stop loss has been swept away, and there is a chance to retest the bear's short position, consolidating while waiting for direction to be indicated.
💡 Don’t want to be led by bull traps and bear traps? Continue reading for a complete strategy across four levels for your reference!
#ETHUSDT #TechnicalAnalysis #TradingStrategy
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233218121421M)
Trend: Bearish Continuation, High Rebound Probability But Decline Risk Not Eliminated
📌 Bull Trap Information:
- Bull Loss: 881 (break and chase shorts)
- Bull Supplement: Best 2113✅, Last Major Support 1571✅, Extreme Final Support 1020
- Breakout Long: 4108
- Bull Take Profit: 2801, 3869, 4937
📌 Bear Information:
- Bear Loss: 4108 (breakout can go long)
- Bear Supplement: Range Resistance 2274, Best Final Resistance 3208, Last 3604, Final Resistance 3912
- Break and Chase Shorts: 1521
- Bear Take Profit: 1071, 184, 90
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23321812142 Trend: Bearish trend continues, observe if the moving stop loss holds after the double bottom
📌 Bear Information:
- Bear Move: 1692 (breakout can go long)
- Aggressive Bear Supplement: Best 1738✅, Last 1834✅
- Break and Chase Shorts: 1385, 1722
- Bear Take Profit: 1559✅, 1223, 886
📌 Bull Trap Information:
- Moving Stop Loss: 1722 (break and chase shorts)
- Bull Supplement: Best Final Support 1774✅, Last 1751✅, Triple Bottom 1740
- Breakout Long: 1858
- Take Profit: 2018, 2316, 2613
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23321812142 Overall, potential bearish formation is developing, key indication date is 5/14
📌 Bear Information:
- Stop Loss: 1843 (breakout can go long)
- Aggressive Bear Supplement: Best Major Resistance 1800✅, Last 1819, Final Resistance Triple Top 1826
