April 30 Bitcoin and Ethereum Market Analysis: BTC, ETH Today’s Key Points

## Market Review

After a slight rebound yesterday, BTC continued to fall. The main direction remains bearish. The 4-hour upward move has broken down. Watch the 74,000–75,000 support area and see whether BTC can maintain high-range consolidation. Downward momentum is contracting with reduced volume. Keep an eye on fundamental developments. If considering taking-profit on short positions near the top, do so; wait for the rebound to build positions again. On the daily timeframe, the upward trend has broken, and the first top signal has appeared. Wait for confirmation from the rebound. During the day, focus on the rebound; if the rebound lacks strength, consider following with short positions.

ETH followed BTC to adjust in parallel. On the 4-hour timeframe, there is no clear change in volume; price remains in range-bound consolidation. Wait for a rebound to confirm a top signal. On the daily timeframe, the trend has entered range-bound oscillation, but volume is insufficient. During the day, watch the rebound; if it rebounds without volume, consider following with short positions. The main direction is still bearish.

**BZ crude oil** continues to rise. It has currently broken above 110, so short positions can be opened. Build positions in batches and hold for the medium term. High oil prices won’t last long. Keep enough margin to guard against black swan events (recommended to keep it above 150). If it continues to rise to 120, add to positions and wait for a pullback to the correct range (60–70).

**Fundamental news:** The US–Iran situation has eased again. It’s “as reliable as the day,” one day a change—keep closely watching for further developments.

## Main support and resistance levels for major coins today

For today’s intraday market: BTC support is 74,500–75,000, and resistance is 77,000–77,500. ETH support is 2,180–2,230, and resistance is 2,280–2,330.