[Market Research Report on May 1st - Monthly line has closed, shocks continue, weekly line is bearish, key support rebounds again, today I will mainly talk about the overall market trend after May. ETH size structure remains unchanged]
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1. BTC
BTC has been given from 7.28 6.75 6.55 to yesterday's 6.44. The entire stage of shorts has been given. From the beginning of the month, it was said that 7.28 would be a local top, and it was given until the middle of the month. If it wants to improve, it will take after May 1st. The whole April has been defined as a bearish shock market.
The monthly line has closed. This kind of monthly line, if you look at it carefully, has not seen a two-level reversal in the past 20 years. May will only be more shocking overall.
It also conforms to our expectations for the market from April to June since March, which is a shock callback market.
[Closing line plus insufficient liquidity during the holiday, beware of pins]
Last week, I also said that this week will be very volatile, whether it is news or technical aspects, this kind of volatility is volatile
Support: 5.95 5.7 5.3 Pressure 6.45 6.55 6.75
Intraday: Short-term short orders have been made at the club Support 5.95 Pressure 6.12 6.25
2.ETH
Ether is still the same structure. The channel plus the box structure is nested
Yesterday we said to short against 3240
Rebounded at the often mentioned support 2958 [also the daily MA120]
Currently, this structure is still quoted
Support: 2945 2722 Pressure 3066 3135 3220
3. Copycat
Notify profit-taking a few days ago, not afraid of you getting rich
Of course, except for periodic holders
According to the pyramid position rule, slowly fill in the position
[Free trial order, pay attention to Binance Square]