May 1st Cryptocurrency Market Analysis ‼️‼️

【Watch for trend reversal at the end of the rebound】
Strategy: ✅Squatting deeper is healthier✅
1️⃣ Major Market 【BTC ETH】 Current key support levels:
【BTC】Short position
Open: Around 77,300
Stop loss: 78,000
Take profit: Take profit 1: around 75,000, Take profit 2: around 73,000
【ETH】Short position
Open: 2,300
Stop loss: 2,346
Take profit: Take profit 1: 2,210, Take profit 2: 2,150
2️⃣ 【ETH & BTC】 Yesterday, the Nasdaq continued to hit new highs, and today BTC continued to rebound.
Core key levels:
1. Continue to hold the stop loss at 78,000 for short positions.
2. No long positions entered; if it passes 78,000, there’s still uncertainty. As long as it doesn’t surpass the previous high, a trend reversal is possible. Consider chasing longs if it exceeds 79,455.
Monthly line expert opinion:
April has closed; the lowest point for May has not appeared in the chart data (pay attention to the one-third part of April’s candlestick body around 73,000, and the halfway point around 71,000, which could be the lowest point for May). It’s best to confirm the lowest point in the first half of May; afterward, May can still continue to rise.
Wishing everyone a happy Labor Day holiday.
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All opinions are personal views only.
Not investment advice, DYOR.