Midday Discussion:

A new week begins, and new challenges follow.

From a macro perspective this week, there will be a significant Federal Reserve conference, the release of CPI data, and adjustments to trade tariff policies. Therefore, the market is expected to be quite volatile this week, with many opportunities. The April CPI data confirms that the pressure on the price index is too high, and the Federal Reserve's May interest rate decision will not result in a rate cut. Important aspects to watch include adjustments to trade tariff policies.

From the market data trend perspective, Bitcoin's weekly K-line shows an increase in volume, with pressure near the upper resistance level around 108,700. The daily line continues to increase in volume and runs upward near the upper track, while the lower side needs to focus on the pressure around 101,000. It was previously mentioned that Bitcoin’s 101,000-104,000 is a significant resistance zone, but currently, with the moving average trending upward, the pressures at 105,000-106,000 have eased somewhat.

Regarding Ethereum, the weekly K-line has crossed upward, and the volume still has significant room for growth. It has touched around 2,600 and then retreated to oscillate near 2,500, with the upper range of 2,800-3,000 still awaiting attention. Overall, the trend leans towards Ethereum, with Bitcoin as a support.

In a bull market, volatility is high, and holding positions is always a priority; without positions, one can only watch. Pay attention to risk management, and gaining within the range is the safest strategy. Welcome to join Mr. Zhao's community, and let's create a prosperous bull market together.