April 30 Morning Bitcoin Analysis


This round of market movement first surged then pulled back, followed by a deep V-shaped bottom rebound. Currently, it is consolidating within a small range, in a recovery phase after a decline. The overall trend is unclear, waiting for a breakout signal from the market.
Below, the key support level at 75,000 remains firm. If support holds steady, traders can layer in long positions to capitalize on rebounds.
Currently, there is continuous news interference. If volume increases and effectively breaks below 75,000, the downside space will be fully opened.
Above, the core resistance zone is between 76,000 and 77,000. If bulls cannot firmly establish and break through this range, the market will continue to oscillate within the box. When encountering resistance, traders can gradually set up short positions to profit from pullbacks.
In the short term, the market is inclined toward narrow-range consolidation, with close attention to various news developments. Sudden news can easily break the current balance between bulls and bears. All operations should be based on effective support and resistance breakthroughs, adjusting positions flexibly according to trend.
$BTC
$ETH
#美联储利率不变但内部分歧加剧
#油价突破110美元
BTC-1.38%
ETH-2.37%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments