In less than 10 minutes, increased volatility may hit the crypto market. Due to the large pool of data on the US labor market. Important for the US Federal Reserve in interest rate decisions.
It is worth considering when opening/closing transactions and maintaining positions.
There is currently a local correction in the crypto market, but if#BTCmaintains the volume level of $57,709 or at least the reversal candle on May 1 of $56,565, continued growth within the framework of this yesterday’s review is a priority.
So far, resistance for#BTCis the upward trend since March 5, 2024 and the volume level of $59,335. To develop a reversal scenario or at least continue the rebound, you need to break through them.