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April 30th, Thursday, Zhongling Morning BTC/ETH Silk Share
Four-hour level, Bitcoin surged higher then faced resistance and pulled back, highs gradually decreasing, lows continuously refreshed, a standard downtrend structure has formed, and the bearish trend is clear.
The market continuously volume-increased and closed bearish, selling pressure above continues to be released, and bulls lack effective support. The coin price has broken through previous support levels, showing a very weak trend, and short-term slight rebounds are only a continuation of the decline.
The original support level has now turned into a strong resistance zone. If it cannot stabilize above this zone, the bearish pattern will not change, and the market is likely to continue oscillating downward.
Trading Suggestions
Bitcoin in the 76,600-77,100 range for a rebound, target 74,500
Ethereum in the 2,290-2,310 range for a rebound, target 2,170
$BTC $ETH $SOL #美联储利率不变但内部分歧加剧 #油价突破110美元 #加密市场小幅下跌