May 5, 2025 Mid-session BTC/ETH Market Analysis
Current Bitcoin Range: BTC is in a range-bound fluctuation, briefly spiking to 95,500 in the morning session before pulling back, failing to hold the resistance level, indicating increased short-term selling pressure. The 4-hour moving averages are still in a bullish arrangement, but the MACD momentum bars are shrinking, and the fast and slow lines are converging, leading to intense bull-bear battles. The 4-hour Bollinger Bands are narrowing; if the lower band is broken, it may trigger an accelerated pullback. Ethereum's daily RSI is neutral to strong, while the 4-hour RSI has dropped to 45, indicating insufficient rebound momentum; the MACD golden cross is diminishing, and the upward strength is weakening. ETH/BTC Ratio: The current ratio is close to 0.019 (weak zone); if it rises above 0.020, it may trigger an independent ETH market.
Suggestions:
BTC: 95,500 Support Target: 97,000 Neutral
Stop: 93,000 Resistance Target: 91,000 Neutral
ETH: 1,830 Support Target: 1,880 Neutral
Stop: 1,790 Resistance Target: 1,740 Neutral
Bitcoin Market Ethereum Analysis Cryptocurrency Strategy, the above analysis is based on publicly available market data and references multiple independent analytical views, for reference only. Investment requires caution, and it is recommended to adjust strategies based on real-time market conditions.
