Bamboo Phạm

Bitcoin (BTC)
06:49 AM Vietnam Time
Currently, the price of Bitcoin (BTC) is trading around $102,900, after reaching a peak near $105,500 last week. However, the upward momentum has slowed due to profit-taking pressure and cautious sentiment from investors.
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📉 Short-term Technical Analysis
• Important support: $100,000 – $102,000. If the price breaks this area, the risk of a deep decline to $92,000 is possible. 
• Strong resistance: $107,000 – $110,000. This is the price area that needs to be surpassed to confirm a new upward trend.
• RSI indicator: Currently in the overbought region (>70), indicating a potential short-term correction.
• Trading volume: Showing signs of weakening, indicating that buying pressure is not strong enough to maintain the upward trend.

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📊 Short-term Forecast
• If it holds above $100,000, BTC could continue to accumulate and aim for the target of $110,000. 
• If it loses the $100,000 mark, the possibility of a correction to $92,000 is something to watch out for. 

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💡 Conclusion

The market is in a sensitive phase. Investors should be cautious of “bulltrap” signals and closely monitor key support/resistance levels. Managing risk and waiting for clear trend confirmation will help in making sensible investment decisions.
#BTC

#btc [WARNING BULLTRAP – BTC JUST “LED” INVESTORS?]

The price of BTC just made a strong rebound breaking resistance, causing many traders to rush to FOMO Long. But what happened right after?
• BTC reversed and dropped sharply, wiping out impatient Long orders.
• Volume is not in agreement, buying power is gradually weakening while selling pressure is lurking.
• RSI and MACD indicators do not confirm the upward trend, showing a clear divergence signal.

This is a typical Bulltrap: a false breakout to attract Long capital, followed by a strong reversal to “shake off” the market.

Advice: Stay alert before breakouts, especially when there's no clear confirmation from volume and price behavior!

1. 15-Minute Time Frame
• Short-term trend: There are signs of a slight recovery after the downtrend, with green candles dominating in the past hour.
• Near resistance: The range of 95,000 – 95,100 USD.
• Near support: The range of 94,500 – 94,600 USD.

2. 1-Hour Time Frame
• Medium-term trend: There was a strong drop from 95,500 to ~94,000, followed by a quick recovery.
• Currently: The price is testing the old resistance level of ~95,000, but has not yet broken through.

3. Trading Volume (SMA Volume)
• Volume increases when there is a strong upward candle => indicates buying support.
• Volume decreases slightly after recovery => may be waiting for a new decision.
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Today's Trading Strategy (30/04):

Option 1 – Buy the Dip:
• Entry point: Price range of 94,600 – 94,700 USD, if the price reaches this range and a green candle appears confirming the reversal.
• Take profit: Range of 95,000 – 95,200 USD.
• Stop loss: Below 94,400 USD.

Option 2 – Breakout (if it exceeds 95,200):
• Entry point: If BTC breaks strongly above 95,200 with high volume, it may be a buy on breakout.
• Take profit: Range of 95,500 – 95,700 USD.
• Stop loss: When the price reverses and falls below 95,000.
#BTC☀️ #30/4

Assessment for April 29 (short term):
• Volatility within range: Expected to fluctuate around the range of 94,200 – 95,200 USDT in the next few hours if there are no major news.
• No strong breakout signs yet.
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Today's trading suggestions:
• Buy on the bounce: Around the range of 94,200 – 94,300 USDT (near short-term support).
• Take profit: Around 94,900 – 95,000 USDT.
• Stop loss: If it breaks below 94,000 USDT.
#btc #29April2025

Ethereum (ETH)
1. Price Movement
• ETH is trading around 1,800–1,810 USD. On the 1-hour chart, a double top is observed around 1,820 and a pull-back to 1,800. The volume bar indicates light selling pressure, but buying interest has re-entered at the current price level.
2. Support – Resistance
• Near support: 1,780 USD; strong zone: 1,750–1,760 USD.
• Resistance: 1,820 USD (double top), if broken, it opens the way up to 1,850–1,870 USD.
3. Fundamental Factors
• BlackRock has just added an additional 54 million USD in ETH, bringing its total holdings to 2.06 billion USD, indicating that institutional money is still flowing strongly into this market.
• On-chain data records a spike in whale activity, signaling the potential for significant volatility in the short term.
• The Fear & Greed index is at 65 (Greed), and a technical correction may occur before continuing the overall trend.
4. Scalping Trading Scenario
• Long when 15M closes above 1,820 USD with accompanying volume – target 1,850–1,870, SL 1,800.
• Short when the price breaks below 1,780 USD – target 1,750–1,730, SL 1,800.
#ETH🔥🔥🔥🔥🔥🔥

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Bitcoin (BTC)
1. Price Movement
• On the 1-hour timeframe, the price is consolidating around the 93,900–94,200 USD range, after a deep drop to ~93,800 and a quick recovery. The decreasing volume indicates that the breakout force is not strong enough.
• On the 15-minute timeframe, BTC is also moving sideways in a narrow range, indicating that the market is waiting for a clear signal to determine the next direction.
2. Support – Resistance
• Strong support: 93,500–93,800 USD (the bottom area this morning; if broken, it could test down to ~93,000).
• Nearby resistance: 94,500–94,700 USD; further resistance: 95,000 USD, which is the peak from last week.
3. Fundamental Factors
• The amount of BTC on exchanges is at its lowest level since 2018 (indicating institutional accumulation).
• According to Swissblock, Bitcoin has “decoupled” from the U.S. stock market, showing independent demand and possibly preparing for a breakout above the 95,000 USD threshold.
• However, the short-term trend still shows signs of a technical decline after breaking the small upward trendline and failing to retest successfully.
4. Scalping Trading Scenario
• Long when the 15M closes clearly above 94,500 USD with increased volume – target 94,900–95,000, SL below 94,200.
• Short when the 15M closes below 93,800 USD – target 93,400–93,200, SL above 94,000
#btc

🚀 MARKET UPDATE ON 25/04: BTC & ETH BREAKING THROUGH STRONGLY!

🟠 Bitcoin (BTC): Unstoppable Uptrend!
• Current price: ~$93,300
• Growth: BTC has increased over 11% this week, surpassing the $93,000 mark and approaching the psychological level of $100,000.
• Reasons:
• Accumulation by whales: Large investors have intensified their buying, driving BTC's price up significantly.
• Intrinsic value: According to Charles Edwards, the energy value of BTC is estimated at around $130,000, indicating that BTC is trading below its true value.
• Movement from Alameda Research: This company transferred 1,000 BTC (~$93 million) to a new wallet, drawing attention in the community.   

🟣 Ethereum (ETH): Positive Growth Signals!
• Current price: ~$1,746
• Growth: ETH has risen over 25% since the beginning of April, reaching a critical resistance level at $1,830.
• Positive signals:
• Increased wallet activity: The number of active addresses has increased by nearly 10% in the last 48 hours, indicating growing interest.
• Inflow into ETFs: Inflows into Ethereum ETF funds reached $63.5 million on 24/04, reflecting strong interest from institutional investors.
• Whale purchases: A whale bought 1,291 ETH (~$2.3 million) after 3 months of inactivity, showing confidence in ETH's uptrend.    

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📊 Summary:
• BTC: On track towards $100,000, supported by accumulation from whales and high intrinsic value.
• ETH: Positive growth signals from network activity and ETF inflows, with the next target being $1,900.
#ETH🔥🔥🔥🔥🔥🔥 #BTC☀️