2025/04/29 Market Early News
🥇01 Yesterday's Review
BTC: The intraday trend analyzed yesterday was slightly off, the price fluctuated and dropped in the morning, gradually rebounding in the afternoon. After the US stock market opened, there was a brief decline, followed by a rebound, and the daily line closed with a bullish candle.
ETH: The daily line closed with a small bullish doji, trading volume slightly increased compared to the weekend but still remains normal, with the price maintaining a fluctuation pattern.
🥈02 Today's Analysis
BTC Trend: Currently in a high-level fluctuation, with increased volatility. The daily MA30 continues to rise, and the price is far from MA30, suggesting a possible pullback. The MACD shows increasing bullish momentum above the zero line, but if it does not break through the upper resistance in the short term, keep an eye on the risk of a pullback.
Key Levels:
Resistance: 96100-99100
Support: 91700-88950
ETH Trend: The daily MA30 line has started to flatten after a downtrend, and the MACD is below the zero line, showing weakened bullish momentum while close to the zero line.
Key Levels
Resistance: 1830-1875
Support: 1740-1680
🥉03 Today's Summary
Market Overview: There are only two days left until the end of the month, which is also a time of significant price fluctuations, with a large number of options expiring, and typically, positions are adjusted in advance at the end of the month.
At the end of this month and the beginning of next month, the token2049 summit will be held in Dubai, which is often accompanied by the superstition that prices will drop during conferences.