Friday, a brand-new May—this is the best time to take off!



After the decision, the market performance is calm for now, and it’s still in the process of digesting excessive emotions. There wasn’t much movement yesterday. Overall, the market is oscillating. On the Middle East news front, there hasn’t been much going on either—so the focus is still mainly on participating based on technical structure!

Looking at the daily timeframe: at the current rebound-high level, all indicators are showing bearish sentiment. MACD and KDJ form a dead cross; RSI is slipping back from high levels. Upward momentum is weakening. The double-top around the 79,600 area failed to hold and break through. The probability of a shift from ranging to a weaker rhythm is rising.

On the 4-hour timeframe, price has already reached the pressure from the upper Bollinger Band. For the short term, there isn’t much “breakout” character in the momentum. Today is Friday, the first trading day after the monthly line closes—volatility may expand. Be careful of wick pierces (inserted needles) and fake breakouts. As for trading, the right-side shorting approach remains unchanged!

Big BTC: the 77,4-778 area is the place—then see it come up to 786 and double down on the shorts. If it pulls back to 763-758 and doesn’t break through, then consider adding longs to catch a small rebound with a smaller move!

Altcoin (ETH/BTC alt): there’s not much action, and the range is gradually shrinking. Between 2290-2300, you can short together with Big BTC in sync. Target the 2255-35 area. If it doesn’t break through, then come back for a short-term long.

Gold: it’s still consolidating in a low-range pattern. Resistance is concentrated at 4660, and support is at 4480. In the afternoon, when the rebound approaches the two boundary areas, come back and trade by timing your entries there!

For the May Day holiday, Ultraman won’t stop working. You can go out with peace of mind to enjoy the crowds, the trend, and the short-term moves—I’ve got everything arranged for you!
$BTC $ETH $SOL #美国寻求战略比特币储备 #DeFi4月安全事件损失超6亿美元
BTC1.95%
ETH1.49%
SOL1.21%
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