From the 4-hour candlestick chart, the MACD histogram remains positive and is gradually lengthening, indicating strong bullish momentum. However, the KDJ value is at 48, showing a fluctuating state. Overall, the market displays a divergence between bulls and bears, with bulls slightly stronger. The current price is approaching the key resistance level of $100,000. If it can break through with increased volume this evening, consider taking a light long position, targeting previous highs or higher.
For Bitcoin and other altcoins, corrections are approaching 990/194. Initially look towards 1015/205 in the north.
After experiencing the previous fluctuations, BTC is currently in a relatively critical position. During the May Day holiday, the price rose to around 98,000 and then pulled back, hitting the key support level of 93,600, and then rebounded. The current price is hovering around $94,000. At the 4-hour level, it is necessary to pay attention to the effectiveness of the support near 93,600. If it can stand firm, it is expected to launch an impact on the $95,600-96,200 range, and further look to $98,000.
Although the daily RSI has fallen slightly from the high, it is still above the warning line, indicating that the previous rise was too fast and there is a technical need for correction. The MACD histogram continues to be negative but gradually becomes shorter, indicating that the strength of the bulls is increasing. However, the KDJ indicator is in the oversold zone and there is no golden cross or dead cross, and the market trend is not very obvious.
News level
The market is waiting for the Fed's interest rate decision on May 7, which is a key factor affecting the subsequent trend of BTC. The market currently expects that the probability of maintaining interest rates at 4.25% - 4.50% in May is as high as 97.2%, and the probability of a 25 basis point rate cut is only 2.8%. If the interest rate remains unchanged, it may keep the market stable or put some pressure on the BTC price; if the interest rate is unexpectedly cut, it may push up the BTC price. #加密市场回调
From the 4-hour K-line, the big negative column, the last K-line is a negative line, the closing price is less than the opening price, indicating that the short-term price is in a downward trend. The trading volume has decreased, the price and trading volume have fallen at the same time, and the market is quiet. The MACD bar chart continues to be negative and gradually becomes longer, the air force is strong, but the KDJ indicator has a golden cross, indicating an oversold situation, and there is a certain possibility of a rebound.
According to BOSS Wallet analysis, the first buying point is 91063.6, the second buying point is 94564.8961, the long stop loss point is 93534.61, the first selling point is 97946.0, the second selling point is 97719.51, and the short stop loss point is 97816.84. The nearest support level is 94347.0, and the resistance level is 97946.0.
Market trend analysis
Some people believe that the weekly line shows a U-turn trend, and the overall trend is positive in the next 4 to 6 months. However, the daily level fluctuations may have several 15 to 30-day pullbacks during the weekly U-reversal. At present, the panic is gradually disappearing but the uncertainty is still there. It may take several months or even half a year for the public to reach a consensus on a consistent bullish outlook.
On the whole, the operation idea in the morning can be to try to go long with a light position when the price is close to the support level of 94347.0, and set the stop loss at a position slightly lower than the support level, with the target looking at the resistance level of 97946.0. If the price fails to stabilize at the support level and falls below the long stop loss point of 93534.61, it is necessary to consider abandoning the long plan, or even shorting according to the situation. However, the above ideas are for reference only. The market changes rapidly, and it is necessary to pay close attention to the real-time market and changes in related news, and adjust the strategy in time. #比特币战略储备
Reasonable Allocation of Funds: Determine the proportion of funds invested in each trade based on risk tolerance, such as not exceeding 10% of total funds for each trade, to avoid excessive losses in a single trade.
Dynamic Position Adjustment: Dynamically adjust positions based on market conditions and trading results. For example, in a trending market, it is appropriate to increase positions; in times of increased market uncertainty, reduce positions.
After a week of trading, the weekend should allow the body and mind to rest fully. You can relax through meditation, walking, watching movies, and other activities, avoiding overthinking trading and freeing your mind from the tension of trading. Don't constantly focus on market dynamics and financial news; give yourself enough time and space to engage in other interests to relieve the stress brought by trading. #币安HODLer空投STO
Coin friends, beware! Nuclear-level warning! At 8:30 PM tonight, non-farm data will be released! The coin price is very likely to break through the 100,000 mark in one go! Short-term target directly aimed at 988! Long-term target at 1000 #比特币战略储备
The big coin stands firm at 90,000, surpassing eight days but has not broken through. The bulls are struggling to rebound, and the bearish trend dominates the market. Currently, the bears have the advantage, and every rebound is a good opportunity to short.
Operational Recommendations Big coin around 955, look down to around 935 Second coin around 185, look down to around 177 #加密市场反弹