Evening Operation Strategy for 4/30

In the afternoon review, I looked at on-chain data and found that Bitcoin and Ethereum ETFs have both shown a continuous inflow trend recently. Currently, several states in the U.S. have passed Bitcoin Strategic Reserve Bills. If we calculate based on a 10% fund purchase of Bitcoin, that would lead to a capital volume of tens of billions pushing market development. The second half of the year coincides with the Federal Reserve's interest rate cut window, with an expected 3-5 rate cuts. Additionally, with the recent appointment of a new SEC chairman, there is hope for the approval of altcoin ETFs. Overall, there is no need for excessive concern about the big trend direction; Trump's policy guidance is clear, and it will be easy for Bitcoin to reach the target of 140,000 within the year.

Bitcoin continues to oscillate mainly within the converging triangle structure range during the day. In the evening, attention should be paid to the lower support near 93,600 (the same as the 4-hour level mid-line support), which serves as the dividing line for short-term strength and weakness. If it maintains movement above, attention should be paid to the breakthrough of the resistance at 95,500 during the rebound. If the smaller level breaks below support, then we need to focus on the lower edge of the box at 90,600-91,200 as a crucial point for bulls and bears (the major structure white line trend).

For Ethereum, we need to pay attention to the mid-line support at 1,780. If it does not break, it remains in a strong area; if it breaks, we should focus on the lower line at 1,740 as the bulls and bears dividing line. Overall, we should focus on the entity K at the 2/4 hour level breaking through 1,820, which is a signal of strengthening.