April 30th Bitcoin and Ethereum Market Analysis


The current market is still affected by Powell's hawkish residual impact.
Bitcoin has not seen new accumulation under macro pressure, with sell walls around 77.7k becoming the rebound high point.
The bulls' defense level in the early morning has been broken through, and there are significant gaps above and below.
Mid-term focus should be on the lower boundary of accumulation at 73.8k–73.3k; touching it will likely cause a rebound or even challenge new highs.
Short-term opportunities are limited; watch whether the price fills the 76.6k–76.8k range today, with the sell point temporarily set below 77k, waiting for a new structure to form.
ETH also follows a oscillating downward trend, but it’s worth noting that its turnover rate has not continued to rise, indicating a relatively stable chip structure and showing some willingness to resist falling.
Trading Suggestions:
Intraday support: 73.3k–73.8k, go long
Intraday resistance: 77,600–78,100, go short
BTC-0.48%
ETH-1.92%
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