2025/04/30 Market Early News

🥇01 Yesterday Review

BTC: The hourly level experienced a downward fluctuation in the morning and began to rise in the afternoon. There was a rapid decline in the U.S. stock market at the end of the session, which means the hourly fluctuations are starting to increase, indicating that daily level fluctuations will also increase.

ETH: The daily chart shows another doji candlestick, and the trading volume has remained normal without significant changes.

🥈02 Today's Analysis

BTC Trend: The 1-hour and 2-hour levels are no longer sufficient to support the current high-level fluctuations. Currently, it is the 4-hour level momentum that is supporting the price, and it would be healthier for the price to retest the 4-hour or 8-hour support before rising.

Key Levels:

Resistance: 96100-99100

Support: 91700-88950

ETH Trend: It has been in narrow fluctuations here for 8 days. Prices that stay high for too long are bound to fall, but if they are at low levels, the longer they stay horizontal, the more they rise explosively. ETH is waiting for a breakout point, which could be driven by news or technical factors.

Resistance: 1830-1875

Support: 1740-1680

🥉03 Today's Summary

Market Overview: Token2049Dubai starts today. The curse of falling during conferences cannot be broken, and a wave of decline for a retest is expected. Retests are opportunities to enter, so don't miss out. #Token2024Dubai