Brothers, let's talk about the latest market situation on April 30th $BTC , and also clarify the key changes in the Gann lines and the subsequent trend, so everyone understands clearly.

The red Gann line drawn previously with the high and low points at 126,000 and 60k is now far from the current price, making it almost useless as a reference. So this time, we’re using a new line, with the high and low points at 65,000 and 79,485, and drawing a new red Gann line. The subsequent analysis will be based on this one.
First, let’s talk about the most concerned support and resistance level—the blue Gann line. Although last night’s daily chart didn’t break below its support, today’s rebound was extremely weak, basically just sideways. If today’s rally can’t produce a decent bullish candle and break through the key level of 77,900, then the support of this blue Gann line is very likely to fail directly, and BTC’s trend will officially weaken, opening the downside space.
If the market really weakens, we need to watch the key level of the new red Gann line, which is at 73,500, corresponding to the 2/1 line. As long as the daily candle’s body doesn’t close below this level, the decline starting from 79,485 can be seen as a normal correction of the recent rise from 65,000 to 79,485, with a chance to bounce back later. But if it breaks directly below 73,500, then this decline won’t be just a correction; it’s very likely to trigger a new round of downward trend, and the risk will be amplified.
Let me also highlight a weekly level key point: after this week’s weekly close, next week must not break below this week’s lowest point. If next week makes a new low, the probability that 79,485 marks the end of the 60k rebound will greatly increase, and the market will find it hard to rise again. Only if this week can stabilize and rebound strongly with a powerful bullish candle, will there be a chance to test the resistance of the green Gann line above.
Overall, this is a critical point in the battle between bulls and bears. Watch both key levels closely—if it breaks in one direction, follow that trend; don’t stubbornly hold. If you want to keep an eye on key levels with me and get real-time market analysis, join my circle. I’ll break down the market logic daily, give early warnings of risks, and help you stay steady in the rhythm without getting caught in traps!