【2024.5.1 BTC/ETH intraday market + monthly line analysis】
Brothers, a new month has begun. I wish you all a happy May Day! The April line of Bitcoin closed with a big Yin K, finally ending the record of 7 consecutive Yang. The market in May is expected to fluctuate and fall. Spot stocks can be bought at the bottom. For contracts, you can do high and low long! #大盘走势
This month, the upper pressure level of Bitcoin rebound is around 66000-71300, and the lower support level is around 57000-51850-44500. #BTC月线
This month, the upper pressure level of Ethereum rebound is around 3330-3650, and the lower support level is around 2790-2400-2145.
Analysis of the trend of Bitcoin and Ethereum today: Bitcoin fell below the previous low of 5.96w in the early morning and directly reached 5.91 before rebounding to a high of 61060. After a sharp drop, it basically has to trade sideways at the bottom for a period of time. It is currently rebounding at the 1-hour level. Pay attention to the upper pressure levels of 60500-61050-61730 during the day. If the rebound fails, continue to pay attention to the previous lows of 59150-58650-57500. #BTC🔥🔥🔥🔥🔥🔥
Ether fell to 2919 last night and then began to rebound. It is currently trading sideways at a small level. Pay attention to the position of 2987 during the day. As long as it does not fall below this position, it will rebound in 1/2 hours. Pay attention to the upper pressure levels of 3029-3078-3114. If it falls below 2987, the 1/2 hour rebound ends and enters the short side, and there is a high probability of falling again. Pay attention to the lower support levels of 2960-2920-2865! #ETH