April 30th Market Trend Analysis: The US and Iran Talks Completely Collapse! BTC and ETH Bulls and Bears Decisive Battle, Direction Set Tonight.

The current cryptocurrency market is on the verge of turbulence. As the Federal Reserve's interest rate decision approaches, Bitcoin remains in a narrow range between $75,500 and $77,000, while Ethereum consolidates between $2,250 and $2,300, both showing signs of reduced volume and cautious waiting. From a candlestick perspective, prices encounter clear resistance at key levels and pull back to support zones, with the market awaiting macroeconomic catalysts to confirm the next operational direction.

BTC's main resistance is at $77,150. If the daily close remains above this level, it may trigger a rebound towards $77,500. Strong support: below $75,500, where approximately 298,560 BTC were accumulated around this area, coinciding with the lower edge of the upward channels formed by the 20-day and 100-day moving averages. A valid break below this could target $74,000; if $73,000 is lost, the daily upward trend structure will face substantial damage.

From the candlestick pattern, ETH has tested the resistance zone of $2,350–$2,400 multiple times since mid-March, ending in rejection with long upper shadows. Recently, continuous bearish engulfing candles have closed below $2,350 and dropped near $2,256. The hourly MACD shows increasing bearish momentum, indicating that sellers still dominate the market, and the selling pressure has not eased.
Ethereum's main resistance: $2,330–$2,350 area, forming multiple resistance factors with the 21-period moving average and EMA50. If volume breaks through $2,400 and the daily close remains above, there could be room to explore $2,500–$2,550. Support is at $2,220; if clearly broken, the next target is $2,180, with deeper support near $2,120. The long-term value zone remains concentrated between $1,980 and $2,277, based on previous accumulation.

Trading Suggestions:

BTC: Long at $75,000–$75,500, target $77,500–$79,500, stop loss at $74,500

ETH: Long at $2,210–$2,250, target $2,350–$2,450, stop loss at $2,170

The opinions, conclusions, and recommendations in this article are for reference only and do not constitute investment advice. The market carries risks; invest cautiously.