4.30.BTC.ETH.Midday Highlights

Yesterday, the daily line closed with a bullish candle, and in the early morning, there was a wave of up-and-down volatility. Overall, the daily line level has begun to gradually gain strength, but it still belongs to a small-scale oscillation structure, and it has not truly stabilized and formed a breakthrough rally. Since the daily line has not yet escaped the oscillation pattern, the fluctuations at the 4-hour level will naturally be more intense, but the oscillation range at the 4-hour level is wider, and the fluctuations are larger. From the current daily line structure, there is a brewing possibility of a breakthrough and continued upward movement. The next key point is to see how May starts, whether it will first pull back before rallying or choose to break through directly and continue to surge before adjusting.

Today's key observation point for Bitcoin is the 94700 level. Only if the 4-hour cycle can stabilize above this level can there be hope for further gains. The resistance areas above are 95750, 96900, and 98500. However, if the 4-hour cycle cannot stabilize above 94700, then one must be wary of a pullback, with key support levels to watch being 93700, 92630, and 91800.

For Ethereum today, the focus is on the 1801 level. If the 4-hour cycle can close above this, there is a possibility of further upward movement. The resistance above is at 1830, 1855, and 1880. Conversely, if it cannot stabilize above 1801, then a 4-hour cycle adjustment may unfold, with support levels to watch being 1777, 1750, and 1718.