The current 4-hour level has completed a breakout structure followed by a confirmation pullback, but the daily level is still constrained by the key resistance area of 0.9.
There have been multiple unsuccessful tests at the 0.9 level, forming a clear suppression.
Conservative traders are advised to consider entering after a confirmation signal on the daily close, and to think about entering the market only after an effective breakout above the 0.9 resistance level.
Aggressive traders may focus on the 4-hour level pullback to the support area around 0.85, combined with changes in volume to make an entry decision.
Tuesday Morning Silk Analysis Key resistance under pressure, prioritize high range for trading in the morning
Overnight BTC maintained a narrow fluctuation pattern, repeatedly testing within the range. The current key resistance area above is 860, and the core support below is 837. It is worth noting that although there were occasional breakouts during the session, they failed to establish an effective trend continuation.
From a four-hour cycle perspective, the price continues to engage in a tug of war around the middle track. The Bollinger Bands show a contracting trend, and the price fluctuation range is gradually narrowing, maintaining a short-term range consolidation pattern. Analyzing the smaller one-hour cycle, the price has attempted to break the 848-853 area three times unsuccessfully, with the highs showing a sequential downward characteristic, fully validating the selling pressure above. The trading strategy insists on shorting when rebounds encounter resistance, with short-term long positions as a supplementary trading thought when retesting support.
Trading Suggestions For Bitcoin, set up trades in the 848-853 resistance range, targeting the 837-830 support zone. If there is an effective breakout, look down to the 820 area. #市场动态
The characteristics of previous bull markets are: sharp declines followed by slow increases For example, on 9.4/3.12/5.19, it fell sharply to the bottom in one go, and then slowly increased to recover
The characteristics of this bull market are: rapid increases with fluctuations For example, last year BTC fluctuated for 7 months, but broke through 100,000 in just two months
Many people simply understand that if the price rises a lot, they should short it, and if it falls a lot, they should go long. Therefore, how to determine the next shorting or stop-loss signal is very important. During the OM period, there will be two reference directions:
1. The number of assets transferred to exchanges. 2. Changes in borrowing interest rates.
In fact, I am more looking forward to currencies that only have contracts and no spot trading, as this reduces the interference factors. Why does the cap occur once contracts are traded? Where does the cap originate from?
For liquid spot trading, on-chain data should be referenced, while for contracts with more abundant liquidity, I pay more attention to borrowing interest rates.
Trading boundary conditions:
1. Few chips within the exchange and low trading volume, all on-chain, with low circulation. 2. Significant fluctuations in interest rates. 3. An increase in the number of assets transferred to exchanges.
If the above conditions are met, one can trade borrowed assets to execute shorting logic.
Avalanche aims to create a high-speed, scalable blockchain network capable of launching thousands of customizable blockchains (referred to as subnets). This is like creating mini blockchains within the Avalanche ecosystem, tailored for specific applications. Its unique subnet architecture supports enterprise adoption and large-scale expansion without compromising the speed of the main network. It is ready for the next wave of blockchain applications. Avalanche has achieved carbon neutrality, which is becoming increasingly important for institutional adoption. Green certification is becoming a competitive advantage for blockchains. Suitable for investors optimistic about ecosystem expansion and institutional adoption.
《Ether Awakens, Golden Dragon Desires to Soar》 Floating clouds disperse revealing brilliance, The Bitcoin Golden Dragon breaks through myriad layers. Above eighty thousand, a wild tide rises, Before ninety thousand, drums and horns sound.
Ether's hidden dragon startles with a swan's shadow, In one night, it ascends breaking through the encirclement. Indicators diverge concealing sharp edges, One morning, it exerts force breaking through the vast sky.
In the gathering of heroes amidst the winds and clouds, Long and short clash, swords like rainbows. The bottom has formed, no need to ask, The gate of the bull market quietly opens.
Last week, the market experienced increased volatility, and Bitcoin completed a bottoming rebound under the influence of multiple macro factors. The weekly line closed positive, indicating that market sentiment is gradually warming up. Currently, the 81500 support level has become a key point in the long-short game: if it can stabilize, it is expected to continue the rebound trend, with the next target at 88500; if it breaks down effectively, it may announce the failure of the rebound, and the market may restart its downward trend.
Afternoon Bitcoin trading suggestions: Bullish: If it stabilizes above 84400, take a small position long with a target of 85100-85300, and set a stop loss below 83400. Bearish: If 84400 is persistently attacked without breaking and a retracement signal appears, consider shorting with a target of 83300-83600 and set a stop loss at 85200.
TRUMP is currently priced at 8.36. The 4H support level has transitioned into a bullish structure, and this week TRUMP will have a significant unlocking. As per convention, such news often leads to considerable fluctuations in sentiment and public opinion in the short term. Once the hype fades, there may be large holders concentrating on selling. However, before it settles, the market makers will likely forcefully drive up the price. It is expected that the rebound will range from 15% to 20%, reaching around 9.5 to 10.5.
The list is around 0.1790, it is recommended to open a market order to seize the pullback opportunity. If the price rebounds to 0.195, consider adding short positions in batches to average the cost. Set a unified stop loss at 0.205, strictly control risks to prevent reversal after breaking resistance. The first target is below 0.15, the second target can be seen in the 0.14-0.145 range depending on the market conditions, it is recommended to lock in profits in batches. Light short operations, control each short position to 20%-30% of total funds to avoid heavy chasing of orders.
The current market shows that Ethereum had significant fluctuations between 1560 and 1650 in the early morning, with an upward trend now hovering around 1620. Based on the comprehensive indicators, it is highly likely that the short-term trend will first pull back to accumulate strength before attempting to break through previous highs. Investors should closely monitor the market and seize the opportunity.
Operational Suggestions:
Short around 1650-1660, look to buy around 1520-1550
Yesterday, the market experienced limited fluctuations. Bitcoin encountered resistance and fell back after reaching a high of 85,500, currently consolidating around 83,000.
From the four-hour level, the Bollinger Bands show signs of contraction, and the price is correcting downward after being pressured at the upper band. The short-term key support is in the range of 83,500-83,000: if it stabilizes in this area, the upward trend is likely to continue; on the contrary, if it effectively breaks below 83,000, it may further retreat to lower support levels.
Morning operation strategy: BTC trading range around 83,900-84,300, looking down to the 82,400 range. ETH trading range around 82,600-83,000, looking up to the 84,500 range.
Overnight Important Developments Overview: 1. The White House suggests stocking up on Bitcoin 2. The probability of a Fed rate cut in May rises to 39.8% 3. JPMorgan warns of turmoil in the U.S. Treasury market 4. Binance CEO focuses on Bitcoin reserves 5. Michael Saylor may disclose increased Bitcoin holdings 6. Argentina's termination of currency controls affects the stablecoin market 7. MANTRA token plummets due to liquidation
LINK Current price 12.7 Recently in a declining channel, it has continued to fluctuate, but the rebound at 4.9 shows that LINK is trying to hold the lower support of the channel. However, the moving average (MA) may become a key resistance level in the short term. If buying momentum strengthens and breaks through the moving average, LINK may regain momentum, with an initial target looking towards 16, and after a breakout, it is expected to further test the 17.50 level.
XRP encountered resistance at the 20-day moving average (2.1 USD) after surging to 2 USD. If it breaks through the moving average pressure, it is expected to challenge stronger resistance, but the market will not easily let go.
BNB reached the 590 horizontal level, and the market is trying to break through the key resistance area at 644. If it encounters resistance and falls back, it will continue the triangular consolidation, with both sides battling in the resistance zone.
SOL faced resistance around 130 after breaking through 120, showing that the market buys on dips. If it breaks through 130, it may rebound to 140 or even 150.
ADA, if it breaks through 0.65, is expected to test 0.71, further strengthening or challenging 0.83. If it encounters resistance and falls back, it may test the support at 0.50, and if it fails, it could drop to 0.40. #市场动态
To be honest, there are really no "born experts" in the cryptocurrency world.
In a bull market, everyone seems like a god, but when a bear market comes, it's a naked test of human nature. Those who survive are not the smartest, but those who continually learn and adapt. Trading cryptocurrencies is ultimately not about relying on luck.
It's more like a comprehensive test—can you maintain your mindset, do you have a plan in advance, do you have the ability to "stay still" at critical moments?
Seizing opportunities is fine, but impulsiveness is not. Risk control is the bottom line; don't let your account blow up because of yourself. Every surge and drop is actually like the market asking you: Are you ready? Being able to stay rational in turmoil and keep a clear mind in the face of FOMO is the key to determining whether you can survive in the long term. Strategy is not about being as aggressive as possible, but about whether there are any loopholes. Mindset is not just about shouting "I'm not panicking"; it's about truly being able to "act when it's time to act and wait when it's time to wait."
The cryptocurrency world is not lacking in bull markets; what it lacks is you, who can make it to the next bull market.
Ethereum Sets New All-Time High: Stablecoin Transfers Exceed $1.18 Trillion
According to Cointelegraph, Ethereum processed a record $1.18 trillion in stablecoin transfers over the past 30 days, breaking the historical record for stablecoin transfer volume on the network. This enormous transfer volume marks Ethereum's dominance in the field of digital asset transfers and further demonstrates the critical role of stablecoins in the decentralized finance (DeFi) and blockchain ecosystem.
Although the recent CPI data is good, the economy shows signs of contraction. The annual CPI data is below expectations, and the reason the Federal Reserve pursues 2% inflation is to prevent deflation and stabilize growth. Trump's 90-day pause on tariffs is just a breather.
At this stage, it's merely a rebound from the bottom, not a reversal. Currently, this is actually the beginning of a financial war, which has a significant impact on the overall market. From the current market situation, Bitcoin investors' sentiment remains relatively stable. The key for the future market still lies in when monetary policy can be loosened and whether the economy can improve, as this will determine whether Bitcoin transitions from a rebound to a reversal.
The credibility of Trump's statements is slowly deteriorating, meaning that the Federal Reserve no longer trusts him. Although the tariffs are paused for 90 days, there will still be much uncertainty during this period. Many are looking forward to the arrival of the altcoin season. Currently, the U.S. economy is in recession, and market liquidity is completely insufficient. Funds inside and outside the market are inactive and will take some time. Bitcoin is still in a phase of selling pressure, with significant sell-offs at the positions of 84000 and 88000. If demand remains insufficient, it will be difficult for the price to maintain high fluctuations. With that said, everyone should understand.
Many people are worried about Ethereum's repeated declines, with each peak continuously moving lower. Some even predict a three-digit price. I don’t think so; the market is just like that: it fears rises and fears falls even more, leading to increased panic. I believe the bottom for this round of Ethereum is between 1100-1200, which can be considered a significant bottom. The current optimal focus is on Ethereum's upgrade on May 2. Although the overall trend of Ethereum is relatively weak, I am still optimistic about each upgrade, as there will be a good trend in prices afterward. The operational suggestion for this year is to take phased swings and start accumulating coins after interest rate cuts. Do not harbor any short-term fantasies; this year, the interest rates will likely be cut 1-2 times, and coupled with the market's lack of active funds, it will be difficult to start a bull market this year. The 2% inflation target is expected to be reached by the end of 2026, so everyone should understand this.
4.12 Afternoon Thoughts: The recent price comparison of the pancake is showing a fluctuating upward trend in the 4-hour cycle, forming multiple highs and lows. The daily level shows signs of stabilization after significant fluctuations. The technical indicator MACD currently has a high positive value on the histogram, indicating strong momentum in the short term, and there are already obvious signs of a pullback. It is recommended to sell at high positions!
BTC: Sell at 835-845, Target 810-820 ETH: Sell at 1570-1540, Target 1500-1400