The key defensive support range for Ethereum (ETH) is $1736-$1722. If the price retraces to this area, a light long position can be established.
Be sure to strictly set a stop loss at $1700, as once the support level is breached, it may trigger a downward trend.
On the four-hour level, $1803 serves as a critical juncture for bulls and bears: if the closing price breaks above this point, bullish momentum will strengthen, with target resistance levels at $1856, $1898, and $1955;
If it falls below $1803, bears will dominate, or test the lower defensive support.
SOLSOL's four-hour trend is bearish, with the current critical defensive support level at $145.
If this level is breached, the target support range below is $138-$135, where a light long position can be attempted with a small stop loss.
Before the price dips, one must wait for a four-hour closing price to break above $148 before considering going long.
BNBBNB maintains a range-bound oscillation pattern on the four-hour chart, with the top pressure level at $609 being a critical breakout point. Once breached, it is expected to initiate a bullish trend, with target resistance levels at $620, $636, and $642;
The bottom support level of the horizontal range is $592. If this position is breached, the trend will turn bearish, with lower support levels to watch at $576 and $566.
April 29 Market Analysis: Reviewing Yesterday's Trend, the price explored a low of 92800 in the morning, and after that, the one-hour chart continuously closed with 11 bullish candles indicating a strong rebound;
In the evening, it tested the support level at 93500, and the final daily close was bullish, showcasing strong market characteristics.
On the daily chart, the 10-day moving average has crossed above the 120 and 180-day moving averages, forming a bullish arrangement, and the price tested the 5-day moving average confirming support. From the trend perspective, bullish momentum is sufficient, and it is expected that the probability of closing bullish in the next two days is relatively high.
The four-hour chart shows that each time the price touches the lower Bollinger Band, it quickly rebounds to the upper band, indicating that buyers are dominant in the high-level fluctuations.
On the intraday short-term level, after the 15-minute K-line tested the Vegas channel, it rebounded quickly; if it can stabilize above the middle track of the channel, it is likely to drive the one-hour level to continue upwards. Additionally, the one-hour MACD indicator formed a golden cross twice above the zero line, further strengthening the upward continuity.
The suggested trading strategy is to buy on dips and patiently wait for a key breakthrough at the daily level. In terms of key levels, the upper resistance level is at 94900-95500, while the lower support level is at 94150-93500. #加密市场反弹 #Strategy增持比特币
Market Interpretation: Bitcoin rebounded after testing the critical 88.6% level yesterday, showing significant volatility today, making operations notably more challenging.
Currently, while the bulls dominate, the price faces clear resistance above and support below.
Investors are advised to remain cautious and avoid blind entry; focus on the breakout situation of key support and resistance levels to seek opportunities for right-side trading.
Trading Planning Resistance Strategy: Closely monitor the resistance effect in the $95,500 - $96,000 range. If the price successfully breaks through this area, consider following the trend to chase gains;
If it encounters resistance and falls back, then consider setting up a high short strategy.
Support Strategy: Pay special attention to the $94,500 - $94,000 support range.
If the price stabilizes here, consider attempting to buy on dips; if it breaks below, further attention is needed on the support strength around $93,500 - $93,000.
Yesterday's intraday market prediction slightly deviated, with the morning showing a downward trend, and the afternoon reversing to an upward trend. After opening, U.S. stocks briefly dipped, then quickly surged, ultimately closing with a positive daily candle.
Currently, the market continues to be strong, but price volatility has significantly increased, maintaining a high-level oscillation pattern overall. With only two days left until the end of the month, the expiration of a large number of options at the month's end increases repositioning pressure, which may further amplify price volatility.
It is worth noting that the Dubai Token2049 summit is approaching from the end of this month to the beginning of next month, drawing investor attention to the saying that "markets always fall during conferences."
On the technical side, the daily MA30 moving average has turned upward, but the current price deviates significantly from the MA30 moving average, indicating a need for a pullback;
The MACD indicator continues to strengthen above the zero axis, but if an effective breakthrough cannot be achieved in the short term, caution is needed for a potential pullback risk. The MA120 moving average serves as an important support level, located at the $91,680 mark.
If the price successfully breaks through the $96,180 resistance level, it is expected to further challenge $99,000, followed by oscillation in the $99,000-$96,180 range.
The weekly trend is upward, indicating that a pullback may be a good entry opportunity.
The key daily resistance levels are $96,188, $99,700, and $102,044, while the support levels are $91,650, $88,950, $86,120, and $82,880.
Practical guide for Bitcoin bearish spread strategy. When you hold 1 BTC in spot, you can implement a bearish spread strategy through a three-leg options combination: sell 1 contract of a call option expiring on May 16, with a strike price of $98,000;
buy 1 contract of a put option expiring on the same day, with a strike price of $90,000;
then sell 1 contract of a put option with the same expiration date, with a strike price of $85,000.
This strategy can initially generate $1,280 in option premium income, with a maximum profit potential of $6,200. Applicable investment scenarios: this strategy is particularly suitable for two types of investors:
First, those holding BTC in spot, predicting that the price will not rise significantly, but are concerned about a market crash—conservative players;
Second, trading participants seeking to establish a bearish position without wanting to incur upfront costs.
Risk management key points: always maintain the corresponding spot during operations, and strictly prohibit excessive selling of options.
If the market rises significantly, when the price reaches $99,200, it is recommended to promptly sell the spot to stop losses; if faced with a price crash, you may choose to take early profits, securing the gains.
1. The 4-hour K-line of Bitcoin shows a shrinking upward trend (as of 7:19 AM), currently in a high-level sideways consolidation, with noticeably insufficient volume. It is recommended to pay attention to the key resistance level above and avoid chasing the price; you may try to set long positions or enter spot at the support levels marked in the screenshot.
2. The Gu Bi trend indicator on lower timeframes below the daily level is forming a bullish resonance, suggesting that short-term operations should focus on buying on dips. Last week's weekly K-line formed a lotus flower emerging from water pattern, indicating that the price still has upward space in the future, and may rise again after a pullback.
3. The MACD indicator on the 3-6 hour cycle currently shows a no-root water pattern, indicating a demand for price correction. The short-term trading strategy should primarily focus on buying on dips. When the price on the 30-minute cycle retraces to the EMA60 moving average, double bottom structure, or important neckline support level, it will be a good opportunity to enter long positions (operations must strictly set stop-loss and master the techniques for unblocking positions; related courses can provide guidance).
Spot trading suggestion: When the price retraces to the above key support levels, light positions can be set up with limit orders. Risk warning: The cryptocurrency market is highly volatile, and the above analysis is for reference only. Additionally, you can utilize the correlation effect of Bitcoin to layout mainstream coins, sub-mainstream coins, and altcoins.
The types of participants in the crypto market are diverse, covering traders, investors, and speculators, each adhering to different philosophies, strategies, and analytical methods, with varying focuses on assets, ranging from Bitcoin and altcoins to NFTs.
There are also significant differences among them in trading cycles, market sentiment, and risk preferences.
Some are adept at capturing price fluctuations, exiting when Bitcoin drops and entering when it rises, flexibly adjusting strategies to meet their needs. However, the market does not require everyone to act in unison.
I position myself as a position trader, inclined to hold assets for the long term.
In my view, the price peak during Trump's presidency was only a temporary top, not the end of this cycle, and I firmly believe that Bitcoin still has upward potential; this is clearly not the top I anticipated.
My plan is to continuously optimize my positions while sharing trading skills and a macro analysis framework, balancing community operation with personal life.
So, what does your trading system, focus, and investment plan look like?
The profitability of Bitcoin supply has reached a high of 90%.
Although high return rates are often seen as a signal of an overheated market, in a bull market environment, this indicator actually releases a positive signal.
Looking back at the last market adjustment, this ratio once fell to around 75%, prompting a return to rationality in the market, and now it has risen back to above 85%.
Once it falls below 75%, the market will see more profit-taking behaviors, which may even trigger a selling spree. Historical data shows that if the profit margin falls by 45-50%, it often indicates the arrival of a bear market;
And when the profit supply rate breaks through 90%, the market enters an overheating stage, and the current market is approaching this critical threshold. However, past experiences show that even when a peak is reached, the subsequent adjustment periods are usually rather short.
In the face of a bearish market characterized by repeated fluctuations and a lack of trading confidence, the following strategies can be considered:
Use a staggered investment approach to control positions, such as gradually building positions near the 95 price level, and set the liquidation price at a relatively safe level of 500,000;
If the price breaks through the 95 range, you can continue to invest proportionally at the next high point of the consolidation box, with a position ratio of 1:1 or doubling;
If the market rises significantly beyond expectations, you can retain short positions above the 95 price level to earn funding fees, while temporarily pausing and shifting attention to other trading opportunities.
As of April 28, BTC is priced at $94,390. This is a reminder: Before this round of market movement started, it was emphasized multiple times that stabilizing above the MA250 on the 4-hour chart is a key signal. The appearance of this indicator means the market has entered a tradable window, but there are few followers.
Trading should adhere to technical analysis and not be disturbed by market sentiment.
The current pullback presents a good opportunity to go long, and risks will be promptly indicated.
After half a year of market dormancy, a turning point is here. It is recommended to focus on hot cryptocurrencies related to the SEC events, such as TRUMP, XRP, Binance ecosystem tokens, and SIREN, all of which present considerable opportunities. Those with insufficient trading experience may choose to follow strategies; in the current situation of ongoing trade wars and difficult profits, do not miss this trading opportunity.
PEPE performed impressively this week, ranking among the top cryptocurrencies in terms of growth, with a cumulative increase of 22.5% over the past seven days, reaching a peak price of $0.0000089904, and nearly 6% increase in the last 24 hours.
However, April has not been friendly to PEPE. Although the monthly increase of 1.9% barely kept it in the green, overall there were more declines than gains, and the current price has dropped 68% from the historical high of $0.00002825 set in December 2024.
Looking ahead to May, PEPE may see a turnaround. Analysts believe its value is expected to rise, with an average price projected to reach $0.00003485, and the price fluctuation range may be between $0.00002720 and $0.00004159.
In the TCT model 2 of ETH, a 0.6% risk accumulation long position triggers a stop loss when shorting a large position. After a large amount of seller liquidity is consumed, the market returns to the originally planned shorting point.
It should be noted that if buyer liquidity is not first consumed and supply reduced, directly shorting the high of TCT model 1 has limited profit potential due to the lack of key conditions for trend reversal. Currently, only considering shorting the OBIF of the first half of the year when the bearish structure is confirmed, but the feasibility of this strategy has decreased. #空投发现指南 #以太坊的未来
1 Hour Level: Continuing last night's assessment, the price broke downward after a period of contraction, followed by a series of rebounds, currently reaching the upper boundary of the range and successfully stabilizing in a strong zone.
Indicators show no divergence, and the range is in a trend of parallel expansion.
4 Hour Level: The candlestick first declines then rises, quickly forming a pin bar after the drop, accompanied by a strong rebound of the second candlestick, creating a clear signal of a stop in decline.
A strong rebound occurred when the price tested the support level of 93,000 USD, forming a long tail pattern.
The current price is testing the mid-range resistance, with the range compressed to 1,800 points, maintaining a sideways movement with no divergence, and the market outlook is optimistic. Daily Level: The price is firmly above the daily upper boundary and the MA7 moving average, maintaining an upward trend, with the range continuing to contract and showing no signs of divergence.
Key Levels Support Level: Short-term focus on 93,400 USD (hourly level), the weekly mid-range 91,700 USD provides a buffer, and the daily MA120 moving average at 91,600 USD is the core support;
Resistance Level: Short-term resistance at 94,600 USD (1 hour range), 95,250 USD (4 hour range top), with key resistance at the daily previous high of 95,700 USD (April 25).
Market Assessment BTC shows strong performance intraday, diverging slightly from the S&P futures' minor decline, possibly driven by tonight's BTC strategic reserve news from Arizona. It is recommended to closely monitor the correlation between BTC and the US stock market after the US market opens to further validate the sustainability of an independent market trend.
ETH price quickly dipped to the lower edge of the channel near $1780 (with a low of $1750), and some traders have taken profits on short positions at $1780.
The liquidity below this price level has been significantly consumed, becoming a key support for the market.
Currently, ETH is operating within a 4-hour channel, with key resistance levels at $1825 and $1860. Both contract and spot CVD data are declining simultaneously, indicating that during the downward process, long liquidations and short profit-taking coexist.
Two possible paths for the market going forward: Resistance and decline:
If the price rebounds to the channel center at $1825 and encounters resistance, a failure to break through will extend the downtrend, or it may directly break below $1780, targeting $1675;
Consolidation and breakout:
Consolidating and accumulating in the $1780-$1800 range, if a breakout at $1850 is successful, it is expected to further attack $1945.
Recently, ETH has shown relatively strong performance, and future trends need to closely monitor ETF capital flows.
From a long-term perspective, $1380 may be the low point for the first half of the year, with a target price of $2100; short-term traders should closely monitor intraday volatility and adjust strategies flexibly.
Long Signal: If ETH breaks through $1772 with volume, you can enter a long position on the right side; stop loss if it breaks below. If the price retraces to $1746, you can enter a small long position after confirming that support is valid, with a stop loss if it falls below $1711.
On the left side, you can place a long order at $1710, setting a stop loss at $1681.
Short Signal: When $1760 breaks down with volume, you can enter a short position on the right side; if it reaches $1838 above, you can layout a small short position, and stop loss if it breaks through $1857.
Trend Judgment At the hourly level, it needs to effectively break through $1783 and hold above it to look further up to $1808-$1840; beware of its frequent pinning characteristics.
Key Levels Resistance Levels: $1783-$1803-$1837
Support Levels: $1756-$1737-$1712
If the 4-hour level breaks below $1755,
the target below will shift to $1720-$1663.
In operations, strict stop-loss rules must be followed to avoid the risk of trend breakdown, as once the trend deteriorates, recovery takes a long time.
The trading rhythm starts unexpectedly, with frequent market fluctuations, requiring a high level of vigilance in operations.
Key Price Levels and Strategies Long Signal: If BTC breaks through $93,545 with volume and the hourly closing price stabilizes at this level, you can enter a long position on the right side and set a stop loss below the breakout;
If a false breakdown occurs at $92,568 followed by a recovery, you can take a small long position, with the stop loss set at the low of the false breakdown or $91,880.
Cautious traders can place a long order at $91,627, and if it breaks below $91,000, a stop loss must be executed. Short Signal: If $92,825 breaks down with volume and rebounds cannot recover, you can enter a short position on the right side;
If a 2b false breakout pattern occurs at $95,160, you can take a small short position, but if it breaks through and stabilizes above the hourly high, you must exit with a stop loss.
Trend Observation The current price has retraced to the 78.6% Fibonacci level on the hourly chart (approximately $92,511), which is a crucial support level. To continue upward, it must break through $93,618, aiming for $94,417-$94,944; otherwise, the upward movement will be blocked.
If it breaks below $92,930 on the 4-hour chart and does not recover quickly, the target below will shift to $91,645-$90,637, watch out for pullback risks.
BTC warned of "bull trap" risk when breaking through 95500 - the strong weekend trend may be a false signal, and the continuous decline in spot purchasing power validates the pullback logic (short position holding logic is established).
Yesterday's analysis mentioned that the CME BTC gap would be filled on Monday, but the gap above has not been fully closed. From a smaller timeframe perspective, buy orders around 92800 are showing, combined with a decrease in contract open interest, indicating that retail short sellers closed their positions during the morning decline, and long positions' buying pushed the price rebound.
Current key observation point: if unable to break through 95500, the CME gap below may be completed this week.
Tomorrow's Bitcoin strategic reserve news and Wednesday's PCE data may trigger market volatility, suggesting that those seeking stability in the short term should take profits or reduce positions to avoid becoming a victim of liquidity games.
From the Ethereum liquidation heatmap data, both long and short fluctuations are accompanied by concentrated contract liquidations. Compared to Bitcoin, its liquidation price distribution is more centralized, and the timing of large long and short liquidations is more consistent:
Bullish Market: There are a large number of significant short positions waiting to be liquidated in the $1808-$1836 range, and a concentration of extremely large short positions in the $1852-$1876 range;
Bearish Market: The $1776-$1704 range shows concentrated demand for liquidation of both significant and extremely large long positions. #币安上线INIT #特朗普暂停新关税