Today is the 322nd day of me posting updates, without a single day missed. Each post is not done half-heartedly, but is prepared with care. [微笑] If you think I am a serious person, you can follow me, and I hope the content every day can help you. The world is big, and I am small, so please follow me to avoid difficulty in finding me. [微笑][微笑]
The cryptocurrency market showed a divergent trend today, with BTC price failing to hold above the key resistance level of 95,000, indicating short-term adjustment pressure. Technical analysis shows that if it falls below the support level of 93,000, it may drop to 89,000 USD; conversely, if it breaks above 95,500 USD, it is likely to challenge the psychological level of 100,000. Institutional funds continue to flow in, with nearly 1 billion USD net inflow into Bitcoin ETFs in a single day, indicating that long-term confidence remains strong.
ETH price at 1,819, maintaining a range of 1,800-1,850 with fluctuations. However, the MACD momentum is weakening, lacking breakout power in the short term. ETF inflows are stable, with BlackRock's Ethereum ETF adding 20.1 million in a single day, and the long-term fundamentals remain positive. Market sentiment is neutral to optimistic; however, the high leverage warns of the risk of a pullback. It is recommended that investors follow the key support levels of 93,000 (BTC) and 1,800 USD (ETH), and consider buying on dips or waiting for a breakout confirmation.
Strategy suggestion: Short-term traders can follow the BTC 95,000 resistance and ETH 1,850 USD breakout situation; medium to long-term investors can accumulate positions in batches during pullbacks, while being alert to macro events such as the Federal Reserve's interest rate decision on May 7.
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GateUser-27ecdb9f
· 2025-05-06 07:11
Persistence is victory is just ahead, fighting fighting fighting fighting fighting fighting
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GreenSuckersMeow
· 2025-05-05 14:57
Persistence is victory ahead, fighting fighting fighting fighting fighting fighting
Today is the 322nd day of me posting updates, without a single day missed. Each post is not done half-heartedly, but is prepared with care. [微笑] If you think I am a serious person, you can follow me, and I hope the content every day can help you. The world is big, and I am small, so please follow me to avoid difficulty in finding me. [微笑][微笑]
The cryptocurrency market showed a divergent trend today, with BTC price failing to hold above the key resistance level of 95,000, indicating short-term adjustment pressure. Technical analysis shows that if it falls below the support level of 93,000, it may drop to 89,000 USD; conversely, if it breaks above 95,500 USD, it is likely to challenge the psychological level of 100,000. Institutional funds continue to flow in, with nearly 1 billion USD net inflow into Bitcoin ETFs in a single day, indicating that long-term confidence remains strong.
ETH price at 1,819, maintaining a range of 1,800-1,850 with fluctuations. However, the MACD momentum is weakening, lacking breakout power in the short term. ETF inflows are stable, with BlackRock's Ethereum ETF adding 20.1 million in a single day, and the long-term fundamentals remain positive. Market sentiment is neutral to optimistic; however, the high leverage warns of the risk of a pullback. It is recommended that investors follow the key support levels of 93,000 (BTC) and 1,800 USD (ETH), and consider buying on dips or waiting for a breakout confirmation.
Strategy suggestion: Short-term traders can follow the BTC 95,000 resistance and ETH 1,850 USD breakout situation; medium to long-term investors can accumulate positions in batches during pullbacks, while being alert to macro events such as the Federal Reserve's interest rate decision on May 7.