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April 29, 2026 $BTC Market Trend Analysis for the Day
Brothers, good afternoon, the rebound has begun. Today, keep an eye on 775 for Bitcoin, and 2340 for Ethereum (although based on yesterday's analysis, Ethereum has already entered the position). These two levels are roughly halfway between the recent top and bottom. Only a strong breakout will signal the market starting to strengthen and move toward the previous high of the 27th, so those without short positions can consider a light short.
For the intraday, watch the 765 level for Bitcoin. As long as the pullback does not break this level, the price will still rebound within 1-2 hours, aiming higher toward 794 and 815, waiting for short entries near these levels.
If today’s hourly drops below 765, expect the price to move down to the 750, 735, or 723 levels for long entries.
For Ethereum, today watch around 2300. As long as the pullback does not break this hourly level, expect a rebound, aiming higher toward 2340, 2375, and 2400, waiting for short entries near these levels.
If today’s hourly drops below 2300, expect the price to move down to 2260, 2215, or 2175 for long entries.
For Solana today, watch the 84 level. As long as the 4-hour pullback does not break below 85, 87, or 89, expect short entries near these levels.
If today’s 4-hour candle breaks below 84, then look for long entries near 83, 81, or 79.