Market Morning Report · Mu Jing Snow Rabbit ·

April 29, 2026 | 08:40 GMT+8

Part One: Core Analysis of BTC + ETH
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**🟠 BTC Bitcoin**
| Item | Data |
|------|------|
| Current Price | ≈ **$75,800** |
| 24 Hours | 🔴 **-0.88%** |
| Key Support | **$74,500 – $75,500** |
| Key Resistance | **$77,800 – $78,500** |
| Extreme Support | **$73,500 – $74,000** |
| Extreme Resistance | **$79,500 – $80,500** |

**Layout Plan A: Buy on Dips**
- Entry Range: **$75,300 – $75,800** (current price or slight pullback)
- Stop Loss: **$74,200** (invalid if support breaks)
- First Take Profit: **$77,800** (≈ +2.6%, R:R ≈ 1.8:1)
- Second Take Profit: **$78,800** (≈ +4.0%, R:R ≈ 3.2:1)

**Layout Plan B: Short on Rebound Failure**
- Entry Range: **$77,500 – $78,000** (when unable to push higher)
- Stop Loss: **$78,600** (invalid if new high)
- Take Profit: **$75,500** (≈ -3.1%, R:R ≈ 2.1:1)
> ⚠️ **Profit and Loss Ratio Explanation**: Plan A is long, with a stop loss of about -2.2%, target +2.6%, R:R ≈ **1.2:1**; Plan B is short, with a stop loss of about +1%, target -3.1%, R:R ≈ **3.1:1**. The current market is weak, and shorting on rebounds has a higher success rate.

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**🔵 ETH Ethereum**
| Item | Data |
|------|------|
| Current Price | ≈ **$2,310** |
| 24 Hours | Follows BTC weakness |
| Key Support | **$2,280 – $2,300** |
| Key Resistance | **$2,380 – $2,400** |
| Extreme Support | **$2,200 – $2,230** |

**Layout Reference**
- Entry: **$2,300 – $2,310** for low buy-in
- Stop Loss: **$2,230** (confirm break of EMA30 on close)
- Take Profit: **$2,380 → $2,400**
- R:R ≈ **1.5:1~2:1**

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Part Two: Macro Background (Today’s Focus)
| Event | Impact | Position Suggestion |
|------|------|---------|
| 🌹 **FOMC Meeting Today** | Largest variable, market cautious before the event | Reduce positions and observe |
| 🛢️ WTI Crude Oil **$100/barrel** | Inflation pressure + delayed rate cut expectations | Suppress risk assets |
| Strait of Hormuz Situation | Ongoing geopolitical risk disturbance | Cautious holding |
| Fear & Greed Index **29 (Fear)** | Market sentiment leaning bearish | Do not blindly bottom fish |

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Part Three: Core Conclusion for Today
> Yesterday’s surge to $79K–$81K quickly retreated, indicating heavy pressure at the **$78,000–$80,000** range above. Coinbase premium turned negative + ETF net outflows continue + FOMC today, **short-term focus on bearish strategies**, wait for rebound to resistance levels to short, or follow the trend after FOMC event. **Position control first**, leverage no more than 3x.

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*This morning report is for reference only and does not constitute investment advice.*