Old Investors on April 30th Discussing Coins: The Monthly Line is About to Close, BTC and ETH May See Gains Today

Market Review and Analysis

Yesterday, BTC closed with a bullish line, fluctuating in the early morning. On the daily level, it has begun to gain momentum, but currently, the daily trend is still in a small-scale fluctuation market, without a sustained breakout above 96000. With the daily level showing fluctuations, the four-hour level's fluctuations are even more evident. However, looking at the four-hour level, the volatility is slightly larger. Based on the current daily trend, it is about to break above 96000 points and continue to surge. ETH also saw a bullish close yesterday, with a relatively small fluctuation on the daily level. Based on the current trend, ETH only needs one wave of upward movement to reach the 1960-2000 range or directly break above 2000 to attack the 2100-2200 range. The current trend appears to be consistently bullish, so today may directly close with a bullish line, making the monthly trend very perfect. We will also see how May starts, whether it will first pull back and then rebound, or directly surge and then adjust afterwards.

Today's Highlights

BTC touched the support near 93600 in the morning and began to rebound, which aligns with the support level of 930-93600 that has been indicated recently. It is currently fluctuating in the 93000-96000 range, waiting for a breakout at 96000 to open up upward space. The current support level remains unchanged in the 930-93600 range. If we look at the four-hour level's trend, there is no need to pay too much attention to the support level, and we can directly focus on the upper 96000 points. If it breaks above 96000 today, it will directly target around 98000 points. Therefore, on the daily level, we can directly expect a rebound today.

ETH's morning pullback did not reach the support level near 1760 and rebounded, with a low of around 1780. Under the conditions of fluctuations in both the four-hour and daily levels, the rebound occurred without touching the support level, and the degree of upward movement can be amplified a bit. First, we look at the 1860-1920 range, and then look at the 1960-2000 range. The daily trend can directly see the upward market.

Regarding altcoins, we are still focusing on the trends of S DOGE and SOL.