Bitcoin and Ethereum Market Analysis Today

There was not much trading volume over the weekend, and the fluctuations were minimal, so there weren't many trading opportunities. This morning, Bitcoin touched 95 again but failed to break the previous high and began to weaken gradually. The short positions are almost exhausted, and once retail investors start chasing long positions, a significant correction will begin.

Ethereum has shown strength over the past couple of days, while Solana has shown signs of an airdrop trend. When Ethereum is strong, Solana tends to be weak, and vice versa. Ethereum's pressure is still concentrated in the range of 1830 to 1850. I'm not very optimistic about Ethereum's upgrade in May; I don't expect a massive surge, just a little bump.

Bitcoin's resistance above looks at

95700 96100

Support below looks at

93000 91900 nearby

Ethereum's resistance above

1850

Support below 1780 1750 1680