Tracking real-time hotspots in the cryptocurrency market and seizing the best trading opportunities. Today is Friday, May 2, 2025. I am Wang Yibo! Good morning, crypto friends! ☀️ Die-hard fans check in 👍 Like to make big profits 🍗🍗🌹🌹

【1. Macroeconomic Background】

The US stock market closed positively on Thursday, with the Dow Jones Industrial Average initially rising by 0.21%, the S&P 500 index up by 0.63%, and the Nasdaq up by 1.52%. Driven by earnings reports and favorable news, Microsoft (MSFT.O) surged by 7.63%, Meta Platforms (META.O) rose by 4.23%, and Nvidia (NVDA.O) increased by 2.47%. Both the Dow and the S&P 500 have risen for the eighth consecutive trading day. Strong quarterly performances from Microsoft and Meta have effectively alleviated market concerns that economic turmoil would lead to a slowdown in AI spending. However, the number of initial jobless claims in the US rose to its highest level since February last week, exceeding economists' expectations, adding some uncertainty to the market.

In this macroeconomic context, the cryptocurrency market is showing an overall upward trend. Bitcoin broke through the 95,000 resistance level, reaching a high of 97,400, and is currently reported at 96,320; Ethereum is performing strongly, peaking at 1,872; SOL has broken through the key resistance level of 150, with major cryptocurrencies showing impressive performance and market sentiment being relatively optimistic.

【2. In-depth Analysis of Bitcoin Market】

Bitcoin hit a low of 95,801 last night before rebounding, currently reaching a high of 97,400. From a long-term perspective, with the monthly line closing positively, Bitcoin may end its nearly three-month retracement adjustment. After a daily close above, this week is a critical period for weekly closing contention, and the market is likely to experience intensified fluctuations. In terms of operations, the core strategy should be "wide fluctuations," flexibly responding to breakout and pullback repairs. Despite previous retracements, the overall strong structure of Bitcoin has not changed, and it remains in an upward trend. The daily line has formed consecutive bullish candles, recovering lost ground, with lower lows continuously rising, indicating a strong short-term trend. The daily single bullish candle rising to a high suggests that there is still a continuation of the upward trend in the short term.

From a technical indicator analysis, the 4-hour chart shows the Bollinger Bands' upper band widening, with the middle band currently providing effective support, and Bitcoin's price has also broken free from the upper band constraints. The hourly chart presents a relatively strong one-sided upward trend, with each pullback stopping at the middle band point, which serves as a lifeline for short-term bulls; any slight pullback presents a good buying opportunity. Typically, in a slow rising trend characterized by small bullish candles, the absence of rapid volume expansion makes it difficult to claim a peak, and the short-term will likely maintain this slow rising and winding rhythm.

【3. Analysis of Ethereum Market】

Ethereum rebounded after hitting a low of 1,825, reaching a high of 1,872, showing a rhythm linked to Bitcoin, but relatively weaker than Bitcoin's performance. The 1-hour chart indicates strong buying support in the 1,800 - 1,830 range, but faces selling pressure at the 1,900 level; however, the bullish trend remains unchanged, and future attention should focus on signs of stabilization after pullbacks.

Yesterday, after Ethereum broke out, the continuation of the trend was evident, and the upward movement after the breakout aligns with recent market trends. It has been mentioned multiple times that without breaking, there is no establishment; following the breakout usually yields good profit potential. Ethereum is currently still in a step-by-step rhythm, adjusting after reaching highs before pushing higher again. In this trend, the operational strategy is clear: in a bullish trend, patiently wait for opportunities to buy low after pullbacks, especially after a breakout, where the operation should be to continue buying on pullbacks.

💎

💎

If you are feeling lost—don’t understand the technology, can’t read the charts, don’t know when to enter the market, don’t know how to set stop losses, don’t understand take profits, randomly increase positions, get stuck while trying to catch the bottom, can’t hold onto profits, or miss out on market movements… these are common issues for retail investors. But don’t worry, I can help you establish the correct trading mindset. A single profit is worth a thousand words; repeated failures are not as good as finding the right direction. Instead of frequent operations, it’s better to strike precisely, making each trade more valuable. If you need real-time guidance, you can scan the QR code at the bottom of the article to follow my public account. The market changes rapidly, and due to the timeliness of reviews, subsequent trends should be based on real-time layouts. I look forward to steadily moving forward with you in the market.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。