#BTC #ETH
Bitcoin Trend Analysis on April 30, 2025:
Technical Analysis:
Price Dynamics: Bitcoin is currently fluctuating around a price of 95,000, showing a certain range of volatility. The daily chart shows a long upper shadow on April 28, indicating heavy selling pressure above.
Technical Indicators: The MACD on the hourly level is below the zero axis, and the RSI on the hourly level is close to the neutral zone but slightly below 50, indicating a cautious market sentiment.
Long-Term Trend: The EMA120 continues to show an upward trend, indicating a bullish outlook in the long term.
Operational Strategy:
Long Position: Go long in the 93,400-94,200 range, with a stop loss below 92,400, targeting 95,200-96,000, and continue upward to look at around 97,500.
Short Position: Go short in the 96,000-95,300 range, with a stop loss above 97,000, targeting 94,200-93,300.
Market Sentiment and Risk Warning:
Market sentiment is complex, with voices both for buying and considering shorting. Fear and greed are intertwined in the market, and the uncertainty of the trend is high.
When operating, be sure to set proper stop losses, especially when breaking through key resistance and support levels, to prevent unexpected events.
In summary, the Bitcoin trend on April 30, 2025, is expected to show range fluctuations. It is recommended to maintain a fluctuating rhythm in operations, with high shorts and low longs alternating. At the same time, closely monitor market dynamics and changes in technical indicators to adjust strategies in a timely manner.