$BTC • Current price: 95,448.06 USDT (-0.75%).

• 24-hour highest price: 96,414.49 USDT.

• 24-hour lowest price: 95,209.07 USDT.

• 24-hour trading volume (BTC): 897 million USDT.

(3) News aspect

• Negative news:

• U.S. April non-farm data (May 2): Strong dollar, BTC under pressure.

• OPEC+ supply increase (May 4): May lead to a drop in oil prices and a stronger dollar.

• Concerns about economic recession (Buffett's speech).

• EU privacy coin ban (passed in 2025, effective in 2027): May trigger market panic in the short term. (No actual impact on BTC)

• Positive news:

• Interest rate cut expectations (Buffett's support).

• Global capital flow expansion (Buffett's optimistic view).

Elliott Wave Analysis

(1) 4-hour level

• Current wave: 4th wave adjustment (May 2 97,995.68 USDT to current 95,448.06 USDT), target 94,800-95,500 USDT.

• 5th wave (expected): May rise to 100,000-102,000 USDT after adjustment.

• Analysis: Price nearing adjustment target, MACD convergence and RSI oversold may signal the end of the adjustment.

(2) 1-hour level

• Current sub-wave: 4th wave c wave, target 95,179.57 USDT (Bollinger Band lower track).

• Analysis: Adjustment near the lower track, MACD dead cross tends to converge, supporting a possible rebound.

News aspect and capital flow

• Capital outflow, declining TVL, and intensified bearishness due to EU ban.

• RSI oversold, MACD convergence, and interest rate cut expectations may trigger a rebound.

Short-term forecast

• Trend: Adjust to 95,179.57 USDT, then rebound to 96,328.15-97,000 USDT.

• Support levels: 95,179.57 USDT, 94,800 USDT.

• Resistance levels: 96,328.15 USDT, 97,466.76 USDT.

• Trading suggestions:

• Wait and see, build positions at a pullback to 95,000 USDT, target 96,500 USDT, stop loss 94,500 USDT.

• Breakthrough 96,328.15 USDT to chase long, target 97,500 USDT, stop loss 95,800 USDT.

Risk warning

• Short-term: Capital outflow, stronger dollar, panic triggered by EU ban.

• Mid-term: Dollar trend, regulatory policy uncertainty.#欧盟隐私币禁令 #加密市场反弹 #MichaelSaylor暗示增持BTC