🚨4/30 Morning BTC/ETH/SOL Market Report🚨
🔶$ETH has shown little fluctuation in the past two days, basically oscillating between 1800 and 1840. A significant move is imminent, so everyone should prepare for this potential drop; Ethereum may be brewing a powerful market, and we will find answers through our analysis.
🔶In the daily chart, the price is still under the cloud cover, pending a breakthrough. The upper cloud base around 1930 is a resistance, while the support is around the turning line near 1698 and the baseline support near 1620. The area around 2100 is quite critical, being the neck line area of the weekly M top.
🔶The price on the four-hour chart has already risen above the bullish cloud, with support at the cloud base around 1733 and 1686 (where one can stealthily set low buy orders). Currently, around 1790 serves as the turning support (small positions can participate in a low buy), with a focus on the breakout situation at 1840. This level is something I have consistently emphasized; only by firmly establishing here can the subsequent upward trend continue, possibly breaking through today.
🔶In the hourly timeframe, the price has just dropped to the bottom of the cloud around 1779 and immediately started to rebound. The army also timely reminded everyone to chase in, with entry points around 1790. There is slight resistance at 1803 and 1810 above, while the RSI indicator is beginning to turn upwards, and the KDJ has also formed a golden cross upwards. Therefore, from the chart's perspective, there is still upward demand.
$BTC 's morning drop only reached around 93700 before starting to rebound. During the day, one can continue to focus on buying around 94150, and at the current price near 94500, one can enter a position. The lower stealth strategy can reference around 92300 and 89850, with a focus on the breakout situation around 95500.
$SOL dropped to around 144.8 in the morning before signaling a reversal, prompting the army to enter after a 15-minute line close at around 146. Everyone can also enter part of their position at the current price near 146. The ideal stealth position is still around 143.5 and near 139. However, it has not reached these levels recently, with the lowest touching around 144. The targets can focus on the upper levels of 148 and 155; if it can stabilize near 155, we can look towards 160 or even higher.
🚨All entry and exit points above have spread discrepancies: Ethereum: ±5, Bitcoin: ±100, SOL: ±0.5, and the conclusions drawn from the chart patterns and technical indicators are subject to real-time changes.