Today's Big Pie trend is stuck, but it has maintained high-level fluctuations and hasn't made a significant pullback. In the evening, the Silk Road focuses on low long positions.
You can pay attention to the northern long positions around the area of 94100-94400, looking at 95400-96300.
XRP has been continuously flowing out. From the four-hour candlestick chart, it has formed a long upper shadow at the 2.36 level but has not been able to continue and has begun to decline.
It is now near the middle track. If it cannot stabilize, it may continue to drop, paying attention to the 2.15 position below.
In the evening, first look at the surge situation between 958-962 for BTC. Based on the current liquidity accumulation, it is highly likely to surge and plunder a wave. After the surge and plunder, if the resistance area at 96200 is effective, there will be a pullback. For the pullback area, just look at 942-945 here.
Beware! BTC's Bull and Bear Dual Kill Countdown, Are You Ready?
As BTC bounces back and forth around the $96,000 mark, a thrilling capital game is secretly brewing! Data shows that breaking above $97,500 will trigger $1.5 billion in short liquidations, while breaking below $86,000 will wipe out $3.2 billion in long positions! What's even more noteworthy is that around $91,000 lies a $1.5 billion liquidation minefield, where the drama of a dual kill between bulls and bears may unfold!
From the perspective of chip layout, the massive trapped positions above $96,000 are being repeatedly shaken and 'cleaned' by mysterious forces. Without violent fluctuations, how could these 'stubborn holders' easily cut their losses? The main players deeply understand human weaknesses—greed when prices rise, panic selling when they fall. The tug-of-war in sideways movement combined with bull-bear squeezing aims to force the high-positioned chips to 'surrender' at the low of $91,000!
Looking at the altcoin market, the crazy increase of 50%-200% over two consecutive weeks has huge profit-taking lurking in the background. Once BTC enters the dual kill mode, altcoins may face a collective 'avalanche' correction of -30%!
The darkness before dawn is often the most dangerous! Although BTC is expected to enter a bull market in June, before that, the bloody storm of this bull-bear battle cannot be ignored. Is it time to seize the opportunity or be ruthlessly harvested by the market? Now, every K-line movement could rewrite your financial fate!
Focus on the resistance around 1860 in the upward movement of Ethereum. If it is blocked and does not break through, it can fall back south, looking towards 1730-1680.
SUI continues to treat the situation with range fluctuations; we will follow the trend when it breaks out. Around 3.8 is a resistance, around 3.3 is a support, so maintain good defense.
Continue to look up, first look at the 95500 line. Although we have already achieved the first target, it has fallen again. We still need to continue north.
In-depth Analysis of the Bitcoin Market: The Fatal Traps Behind the Short Sellers' Carnival
Recently, the price of Bitcoin has strongly surpassed the $95,000 mark. Behind the seemingly calm candlesticks lies a thrilling game of long and short positions! Market sentiment shows a bizarre divergence—retail investors generally fear the high levels, with few daring to place long positions at the peak, while many flock into the short camp. However, every stop-loss and every liquidation acts like fuel injected into the market, allowing the bulls to smoothly collect chips at high levels, while the main capital consumes vast amounts of liquidity.
From the perspective of capital flow, in the past week, spot trading has seen continuous outflows. In stark contrast, on the 21st, the main force managed to raise prices using only $20 million in contracts, successfully selling off $1.4 billion in spot. In this contest, the frantic counterattack from the shorts seems imposing, yet it plays right into the hands of the main players. The market continues to consume short forces at a gentle, slow rise, while the main capital takes the opportunity to clear out its spot positions, a classic operation described as 'counting money with tears'.
The current market is in a delicate observation period; the main players are not in a rush to launch a fierce offensive but are waiting for the market sentiment to ferment. It can be anticipated that before the short liquidity is fully drained, Bitcoin will likely continue to rise slowly. As for when the market will turn? Please believe that market turning points are never coincidental; the main players have long marked the prices in the dark and will catch the market off guard at the right moment!
From the current four-hour candlestick chart, Bitcoin is already in a relatively narrow range of fluctuations. The high point above is 95800, and the low point below is 91600. As long as this area is not broken, we can just trade within this range by selling high and buying low.
Ethereum continues to fluctuate, with hope for both bulls and bears. You can initially open a position in the range of 1800-20, targeting 1750. Look for opportunities to enter again later.
- Hong Kong Stock Innovative Drug ETF (513120) rose by 2.16%, and the index it tracks, the China Securities Hong Kong Innovative Drug Index (931787), surged by 2.66%.
Non-ferrous Metal Related Funds
- Non-ferrous 50 ETF (159652) reported 0.899 yuan, down 0.004 yuan, a decrease of 0.44%.
- Non-ferrous Metal ETF (159871) reported 1.062 yuan, down 0.005 yuan, a decrease of 0.47%.
ChiNext Artificial Intelligence Funds
- ChiNext Artificial Intelligence ETF Huaxia (159381) rose by 0.6%, with its holding stock Bochuang Technology hitting the upper limit.
Transportation Funds
- As of April 29, 2025, 10:08, the Transportation ETF (159666) rose by 0.11%, reported at 0.95 yuan, and the index it tracks, the China Securities All Index Transportation Index (H30171), rose by 0.13%.
QDII Funds
- Huabao S&P Oil and Gas Index Fund rose by 1.09%.
- Huatai-PineBridge Nasdaq Biotechnology Fund rose by 1.11%.
- Tianhong Global High-end Manufacturing Fund fell by 1.15%.
- E Fund Global Medical Industry Mixed Fund fell by 1.97%.
Bitcoin candlestick pattern, recent price comparison fluctuating at a high level, forming multiple long upper and lower shadows, indicating significant market divergence. The daily level shows a clear alternating trend of bullish and bearish candles, suggesting that the market is in an uncertain state. The daily MACD remains positive, but the momentum has weakened.
Trading Suggestions:
Bitcoin: 95000-94800🈳, target 94000-93000, stop loss 95300
Altcoin: 1830-1800🈳, target 1700-1600, stop loss 1850