Analysis of the Bitcoin market on May 1st, early morning.

The current market is exhibiting a range-bound fluctuation, consolidating during the day and recovering from the lows at night. Currently, the candlestick chart is fluctuating within the range of 940 to 950, forming a pattern of oscillation with heavy selling pressure above. The technical indicator MACD shows a weakening of the downward momentum, which may turn around. The daily chart has formed a doji star with EMA3, and the 7-day moving average is gradually converging, indicating an overall bullish sentiment in the market. Looking at the four-hour chart, there is an alternating trend of bullish and bearish candlesticks, with longer lower shadows, indicating strong support at low levels. The upper resistance level to watch is 956, and it is expected that the market will consolidate around 945 in the short term. Caution is advised at this level; wait for the price to reach either the resistance or support level before entering the market. The market changes rapidly, so setting stop-loss orders to maximize gains and minimize losses is the goal. If the resistance or support level is broken, be sure to set stop-loss orders and avoid holding positions.

Bitcoin; Long near 93000-93500, target 94500-96000

Ethereum; Long near 1750, target 1820 #特朗普就职百日