2025/05/03 Market Briefing

🥇01 Yesterday's Review

BTC: The upward target we mentioned yesterday was to break through 96000, which would push towards 97000. The actual price rose to around 97895 but faced resistance, leading to a decline on an hourly basis. Currently, the upward momentum continues to weaken and needs adjustment.

ETH: There isn't much to say on the daily chart, the sideways, low-volume oscillation will not last forever, and a direction will be chosen soon. Patience is key; as long as Bitcoin does not drop, Ethereum could see a significant bullish candle at any moment.

🥈02 Today's Analysis

BTC Trend: Today is Saturday, and weekend liquidity is generally lower, so the high-level oscillation trend will likely continue over the next two days.

Therefore, no short positions should be taken; low-position long orders should continue to reduce holdings at highs, and shorts can be considered as it approaches the 100000 mark. Key levels:

Resistance: 99700-102000

Support: 94700-91700

ETH Trend: The daily MA30 line is gradually flattening after a downward trend, the MACD fast line has crossed above the zero line, and the slow line is hovering near the zero line, showing a slight weakening of upward momentum. With this MACD trend, a single bullish candle could strengthen the upward momentum again.

Resistance: 1875-1950

Support: 1770-1740

🥉03 Today's Summary

The weekly upward trend for Bitcoin has been confirmed, so any pullbacks present buying opportunities for Ethereum. #加密市场反弹 $BTC $ETH