2024.05.04 Saturday
After a big overnight surge, can the bulls get on board?
Musk: If the United States does not take measures to solve its national debt problem, the dollar will be worthless
Extra: Is Musk telling everyone the truth?
Yesterday, the net inflow of Bitcoin ETF in the United States was 378 million US dollars
Extra: Crazy buying starts as soon as it rises
- Daily chart: After the price broke below the 60,000 level and returned above it, there is still a trend of continued rise if the subsequent pullback does not break this level.
- 1-hour chart: After a short-term breakthrough above the 61,500 level, there is a pullback. If the subsequent pullback does not break this support, there is still a trend of continued rise.
II. Ethereum
- Daily chart: After the price broke below the 3,100 level, there was some fluctuation, and if the subsequent fluctuation does not break this support, it is still an upward trend.
- 1-hour chart: After a short-term breakthrough above the 3,060 level, there was a slight pullback. If the subsequent pullback does not break this support, there is still a trend of continued rise.
I. Bitcoin
- Yesterday's view:
Summary: After the price broke below the 59,500 level in the short term, there was a rebound. If the subsequent rebound does not break this resistance, there is still a trend of continued decline, with support below at 55,000 and 52,800; if it breaks above, it will start a rebound trend, with resistance above at 61,800 and 64,300.
- Subsequent trend:
After breaking through the 59,500 level, the trend continued to rise, reaching the first target of 61,800 and a high of 63,555.
II. Ethereum
- Yesterday's view:
Summary: After the price broke below the 3,030 level in the short term, it maintained a fluctuation below it. If the subsequent rebound does not break this resistance, there is still a trend of continued decline, with support below at 2,800 and 2,680; if it breaks above, it will start a rebound trend, with resistance above at 3,150 and 3,295.
- Subsequent trend:
After a rebound and breakthrough above the 3,030 level, the trend continued to rise, reaching a high of 3,129.
I. Bitcoin
Summary: After a short-term breakthrough above the 61,500 level, there was a pullback. If the subsequent pullback does not break this support, there is still a trend of continued rise, with resistance above at 63,900 and 66,700; if it breaks below, it will start a pullback trend, with support below at 59,000 and 56,700.
II. Ethereum
Summary: After a short-term breakthrough above the 3,060 level, there was a slight pullback. If the subsequent pullback does not break this support, there is still a trend of continued rise, with resistance above at 3,185 and 3,340; if it breaks below, it will start a pullback trend, with support below at 2,945 and 2,820.
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