4.30 Market Analysis
① Yesterday's Market Review
Bitcoin's lowest point was $92,700, the highest point was $95,578, with a fluctuation of $2,878 and an amplitude of 3.1%.
Ethereum's lowest point was $1,742, the highest point was $1,826, with a fluctuation of $84 and an amplitude of 4.8%.
② Today's Market Analysis
Bitcoin's current price is around $94,800, experiencing high-level fluctuations. BTC is currently under pressure from the trend line and the horizontal resistance area (around $95,000), which may pose a risk of correction. If it breaks below $92,500, it may further test $73,000; if it holds steady, it may establish an upward center.
Ethereum's current price is around $1,800; ETH's trend is bearish, with heavy selling pressure.
Short-term support is at $1,777-$1,755, stabilizing above $1,801 may target $1,830-$1,881.
ETH's net capital inflow has increased, on-chain activity has expanded, indicating some buying support, but short-term selling pressure still limits the upside potential.
Bitcoin support level: $92,500-$93,500, resistance level: $95,000-$96,100
Ethereum support level: $1,755-$1,777, resistance level: $1,815-$1,840
③ Summary
Bitcoin: Short-term observation is key, focus on $92,500 support and $95,000 resistance. Aggressive investors may consider buying on support with a stop-loss; conservative investors should wait for confirmation of a breakout.
Ethereum: Short-term bearish; it is recommended to wait for stabilization near $1,755 or a breakout above $2,000 before considering entry. Long-term investors may focus on the development of the Ethereum ecosystem.
