$BTC

Market Analysis on May 1, 2025 (Not Investment Advice)

BTC/U (1-Hour Chart) Current price is once again testing the previous high area, and the short-term is still at a critical point of bull-bear struggle. The rebound appears strong but has not yet broken through resistance.

【Trend Structure】

• The earlier rising trend line has been broken, and it is currently in the rebound testing phase against the original trend line resistance;

• The bullish counterattack is not weak, but it has not stabilized above the 95,000 U mark, and the bears may counterattack at any time;

• The current short logic is 'short on rebound encountering pressure', opening price at 94,800 U, stop loss at 95,051 U, target at 94,432 U, risk-reward ratio of 2.07, short strategy is clear.

【Support and Resistance】

• Resistance: 94,950～95,100 U, which is the area where several past highs have retreated;

• Support: 94,400～94,200 U, a key defensive zone in the short term;

• If it breaks below 94,200 U, it will test strong support around 93,600 U.

【Operational Suggestions】

• Currently suitable for attempting a light short position, relying on trend line resistance to create a 'false breakout' and build a risk-reward ratio;

• If the bulls strongly stand above 95,200 U, then the short strategy is invalid, and one should stop loss and exit;

• It is recommended to enter and exit quickly, avoiding getting caught in a consolidation and oscillation war.

—— A rebound does not equal a reversal; shorting should also be done with caution. The market gives you opportunities, but you must set your stop loss yourself.