April 29 BTC Market Analysis & ETH Trading Suggestions
Bitcoin broke through the critical resistance level of $95,000 on the morning of April 29, reaching a high of $95,415, and then slightly pulled back to $94,154, with a 24-hour increase of 1.44%. This breakthrough marks the market's digestion of the selling pressure above $94,000, but the extreme volatility with over 110,000 liquidations and $275 million in funds evaporated highlights the fragility in a high-leverage environment.
Bitcoin faces selling pressure of 1.76 million BTC from 2.61 million wallet addresses in the range of $94,125-$99,150, and caution should be taken regarding the risk of pullbacks during periods of low liquidity.
Technical Indicators Comprehensive Interpretation
RSI (14 periods) rises to 68, approaching the overbought zone, but no top divergence has appeared yet;
MACD red bars continue to expand, indicating that bullish momentum is still ongoing;
Bollinger Bands are widening, and the price has stabilized at the middle band ($94,200), maintaining the mid-term upward trend.
On-chain Data Validation:
The net outflow from exchanges is 3,897 BTC in a single day, reaching a two-week high, indicating a strong reluctance to sell among long-term holders;
Whale addresses (holding over 1000 BTC) increased their holdings by 1,245 BTC in a single day, showing that institutional funds are buying the dip.$BTC
April 29 Bitcoin: Buy at 91,600-92,100, target 92,700-95,500 Ethereum: Buy at 1720-1750, target 1800-1840
Key liquidation threshold: If Bitcoin breaks through $95,000, the liquidation intensity of short positions on major exchanges will reach $795 million; if it falls below $93,000, the liquidation scale of long positions could reach $167 million. $BTC
April 28 BTC Market Analysis & ETH Trading Suggestions
Bitcoin broke through the key resistance level of $95,000 at 18:39 on April 28, currently trading at $95,012.99, with a 24-hour increase of 1.07%. This breakthrough indicates that the market has absorbed the selling pressure above $94,000, strengthening the short-term upward momentum.
The expectation of Federal Reserve interest rate cuts (at least three times this year) resonates with the Bitcoin halving cycle (May 2024), coupled with continuous inflow of institutional funds, clarifying the mid-term upward trend. If market sentiment remains optimistic, Bitcoin is expected to challenge the $98,000-$100,000 range before June.
1. Key Support and Resistance Levels
Short-term Support: $92,000: Current key support at the daily level; if breached, it may trigger a pullback to $85,000. Lower boundary of the mid-to-long-term trend channel ($89,017): If the price breaks below $92,000, the effectiveness of strong support at this level needs to be monitored.
Resistance Levels: $95,000: Core resistance level in the current bull-bear battle; breaking and stabilizing above this level may accelerate the ascent to the $100,000 to $107,000 range. $94,125-$99,150 whale selling pressure zone: This range contains a selling pressure of 1.76 million BTC; caution is advised during periods of weak liquidity.
2. Moving Averages and Trend Indicators
200-day Moving Average (MA200): Bitcoin has stabilized above this average, indicating that the long-term trend remains bullish. 21-week moving average: Serving as mid-term trend support, the current price consistently remains above this average, providing confidence to bulls.
Short-term Averages (20-day and 50-day EMA): The 4-hour chart shows that the 20-day EMA (approximately $88,619) is a key short-term support; breaching this level may trigger a pullback to the 50-day SMA (approximately $86,000).
3. Momentum and Overbought Risks
Relative Strength Index (RSI): The current RSI is above 50, indicating strong market momentum but not yet in the overbought zone. Stochastic Indicator: The stochastic oscillator has risen to 95%, suggesting short-term overbought risks, necessitating caution for price pullbacks.
4. Fibonacci and Pattern Analysis
Fibonacci Retracement Level: $87,045 (23.6% retracement level) serves as reference mid-term support; if the price stabilizes at this level, mid-term targets can be set towards $103,000 to $108,000.
April 28 Bitcoin: Buy at $92,200-$92,700, target $93,500-$94,500 Ethereum: Buy at $1,720-$1,750, target $1,780-$1,820
This week's 7 strategies are all bullish, only missed opportunities, no loss orders. The actual market also went from more than 86,000 to 95,800. Brothers who are full will give a thumbs up.
April 27 BTC Market Analysis & ETH Trading Suggestions
Bitcoin broke through $95,000 on the evening of April 25, reaching a new high since February 24. However, it suddenly plunged over the weekend of April 27, falling below $94,000, with a decline of about 1.06% in 24 hours.
The Meme coin "TRUMP" issued by Trump surged by 65% due to the "Dinner Together" marketing campaign, peaking at $16.44 but then retracing to around $14, reflecting heightened market speculation.
Technical Indicator Comprehensive Interpretation
1. Moving Average (MA) Medium to Long-term Trend: The daily price stabilizes above the 50-day moving average ($92,500) and the 200-day moving average ($83,342). The short-term averages (5-day, 10-day) are diverging upwards, forming a solid bullish arrangement, indicating a clear medium to long-term upward trend.
Key Support Levels: 50-day moving average ($92,500), 200-day moving average ($83,342); short-term support is at the daily low of $93,500.
2. Momentum Indicator RSI (Relative Strength Index): Current value is 63, situated in the neutral to strong range, not entering overbought (>70), showing that upward momentum still exists, and there may be further upward movement after a short-term adjustment.
MACD (Moving Average Convergence Divergence): The dual lines are running above the zero axis, with the red bars slightly shortening (indicating weakening short-term momentum), but a death cross has not formed, and the trend remains predominantly bullish.
3. Bollinger Bands (BOLL) Prices are running close to the upper band ($95,800), and the Bollinger Bands are widening, indicating increased market volatility.
April 27 Bitcoin: Long at 93,300-93,800, target 94,300-95,500 Ethereum: Long at 1770-1790, target 1820-1860
April 26th BTC Market Analysis & ETH Trading Suggestions
Bitcoin price once broke through $95,000, reaching a maximum of $95,769, with a 24-hour increase of 1.5% and a cumulative weekly increase of over 11.71%, setting a new high since February 25, 2025. Market confidence has significantly rebounded, with the total market value of the crypto market rising to $2.38 trillion, and Bitcoin accounting for 63.8%.
The U.S. consumer confidence index for April plummeted to 50.8, while inflation expectations soared to 6.7%. Weak economic data and debt pressure (federal debt reaching $36.22 trillion) have forced the market to bet that the Federal Reserve will cut interest rates at least three times this year. Standard Chartered Bank predicts that Bitcoin may rise to an all-time high due to a shift in Federal Reserve policy.
Comprehensive Interpretation of Technical Indicators
Moving Averages: The daily chart shows that Bitcoin price is stable above the 50-day moving average (approximately $92,500) and the 200-day moving average (approximately $83,342), with a solid bullish arrangement indicating a medium to long-term upward trend.
Momentum Indicators: The RSI (Relative Strength Index) fluctuates around 63, not entering the overbought zone, indicating that upward momentum still exists; the MACD (Moving Average Convergence Divergence) red bars are shortening, showing a weakening of short-term upward momentum, but no death cross has appeared, and the trend has not reversed.
BOLL Channel: The price is close to the upper band, and if it retraces to the middle band (approximately $89,325), it may attract bulls to enter the market. $BTC
April 26th Bitcoin: Buy at 93,700-94,200, target 94,700-95,300
April 25th BTC Market Analysis & ETH Trading Suggestions
Bitcoin rose 1.75% during the day, breaking through $94,000, displaying a V-shaped rebound in line with the strength of U.S. stock market risk assets. The Fear and Greed Index has risen to the 'neutral' zone, but the Google search interest for 'Bitcoin $100,000' has increased by 45% week-over-week, indicating a rise in retail FOMO sentiment. The high leverage ratio (0.25) still shows that the market is in a state of 'extreme greed', and caution is advised regarding potential pullback risks.
Institutional investments and ETF inflows: The U.S. Bitcoin spot ETF saw a net inflow of over $1.2 billion in a single week (led by BlackRock and Fidelity), with total assets under management approaching $97 billion. Institutional holdings have increased to 18%. Sovereign funds are accelerating their positions in Bitcoin, viewing it as 'digital gold' to hedge against inflation pressures.
Technical Indicators Comprehensive Interpretation
Momentum Indicators RSI (Relative Strength Index): The 4-hour RSI is close to 68 (edge of overbought zone), indicating a need for caution regarding pullback risks triggered by a potential top divergence; the daily RSI remains around 55, showing a neutral to slightly strong mid-term momentum.
MACD (Moving Average Convergence Divergence): The hourly MACD histogram shows reduced volume, suggesting weakened short-term momentum, but the daily MACD remains above the zero line, indicating that the long-term trend has not changed.
Moving Average System Short-Term Moving Averages: The price has stabilized above the 100-hour moving average (approximately $92,800) and the 200-day MA ($88,690). The short-term moving averages (7-day, 30-day) are in a bullish arrangement, supporting a bullish structure.
Long-Term Moving Averages: The 52-week SMA and 2000-day MA maintain an upward trend, verifying the long-term health of the market.
Volume and Volatility The trading volume on spot exchanges is decreasing near resistance levels, reflecting a wait-and-see sentiment among bulls and bears; the ETF saw a net inflow of over $900 million in a single day (the highest since January), providing support for prices. $BTC
📈【Historical Patterns Reveal: New Highs in Gold = Countdown to Bitcoin Bull Market?】 💡 When gold charges forward, Bitcoin may be 'warming up'! Historical data hides an interesting pattern: after gold reaches a new historical high, Bitcoin often breaks its peak within 100-150 days!
🔍 Classic Cases: ✅ 2017: Gold surged 30% over the year, and Bitcoin subsequently soared to $19,120 in December (first breaking $10,000); ✅ August 2020: Gold broke $2,075/ounce, and Bitcoin surged to $69,000 in November 2021 (cycle peak).
🌟 Underlying Logic: Gold, as a traditional safe-haven asset, is the first to reflect macro signals such as economic turmoil and inflation expectations; whereas Bitcoin, as 'digital gold', often starts slightly later due to liquidity differences and market recognition lag, but with stronger volatility and explosive potential!
🔥 Current Projection: If gold strengthens again in the near term, according to historical patterns, Bitcoin may challenge its previous high in 2025, or even start a new cycle!
April 24 BTC Market Analysis & ETH Trading Suggestions
After Bitcoin's price broke through $94,000 the previous day, it is currently oscillating within a narrow range of $92,000 to $94,000, with intense short-term bulls and bears contesting. This fluctuation is mainly influenced by expectations of Federal Reserve policy, market sentiment, and technical resistance.
The net inflow of the U.S. spot Bitcoin ETF reached $912.7 million in a single day, setting the highest record during Trump's administration, indicating accelerated institutional capital entry.
Comprehensive Interpretation of Technical Indicators
1. Trend Indicators: Bullish trend remains unchanged, but momentum is weakening.
Moving Averages: The 50-day moving average ($90,500) and the 200-day moving average ($88,000) are in a bullish arrangement, indicating a medium to long-term upward trend. However, the short-term moving averages (5-day, 10-day) have diverged from the price, suggesting short-term pullback risks.
MACD: The daily MACD red bar has shortened, and the fast line and slow line are still above the zero axis, indicating that bullish momentum is weakening but has not reversed. The 4-hour MACD, after a death cross, shows a shortened green bar, possibly signaling a short-term rebound.
RSI: The daily RSI has fallen from 75 to 70, easing overbought signals but still at a high level; the 4-hour RSI fluctuates in the 50-70 range, indicating a balance between bulls and bears.
Stochastic: The daily Stochastic indicator has fallen from the overbought area, with the D line (slow line) and K line (fast line) forming a death cross, increasing short-term pullback pressure.
3. Trading Volume and Capital Flow
Trading Volume: The 24-hour trading volume is $156.5 billion, down 10% from the previous day, indicating decreased trading activity in the market's high-level oscillation.$BTC
April 24 Bitcoin: Buy at 92,000-92,500, target 93,800-95,800 Ethereum: Buy at 1,740-1,765, target 1,820-1,900
【Over 160,000 people wiped out in 24 hours, $624 million turned to ashes!】The largest single liquidation occurred in B****e's ETH contract, valued at $4.3287 million. This scene of 'fire and ice' once again confirms the harsh rule of 'high risk, high reward' in the cryptocurrency market.
April 23 BTC Market Analysis & ETH Trading Recommendations
Bitcoin's price continues to rise, reaching a daily high of $94,000, setting a new annual high, and then slightly retreating to around $93,000, with a 24-hour increase of over 6%. Other major cryptocurrencies are also rising, with Ethereum (+14%), Dogecoin (+13%), and Cardano (+11%) all performing strongly. Additionally, Bitcoin's market capitalization has surpassed silver and Amazon, rising to the sixth position globally in asset market value, demonstrating its strong position among risk assets.
The US Bitcoin spot ETF has recorded large net inflows for several consecutive days, with a single-day inflow of $381.4 million on April 21 and further increasing to $719 million on April 22, injecting strong confidence into the market. The total ETF holdings of institutions such as BlackRock and Fidelity have exceeded 1 million Bitcoins, significantly increasing institutional allocation demand.
4-hour chart: Ascending channel is solid, volume-price relationship is healthy.
Channel pattern: Price steadily rises along the upper Bollinger Band, with the lower channel (89,500 USD) and the middle line (90,500 USD) forming double support. If the price pulls back and stabilizes near the middle line, it may initiate a new round of upward movement.
MACD and volume: The MACD indicator continues to expand on the red bars after a golden cross above the zero line, and the volume-price relationship displays healthy characteristics of "increased volume during upward movement, decreased volume during pullbacks." The trading volume surged to $68 billion when breaking through $88,500, confirming the validity of the breakout.
1-hour chart: Short-term overbought needs to be corrected, stair-step increase continues.
Indicator correction demand: The RSI indicator quickly fell to 68, and the KDJ indicator formed a death cross in the overbought zone, indicating a need for short-term consolidation to digest profit-taking. However, the pullback lows are gradually rising (89,500 USD → 90,500 USD → 91,500 USD), and the upward trend remains unchanged.
Support and resistance: Short-term support level at 91,500 USD (previous high), resistance level at 94,000 USD (historical high). If the price stabilizes at 94,000 USD, it may trigger "chasing funds" to enter, accelerating the rise. $BTC
April 23 Bitcoin: Long at 93,000-93,500, target 94,500-95,800 Ethereum: Long at 1780-1800, target 1840-1940
Today, BTC market share skyrocketed to 64.61% (a nearly four-year high), with funds flooding into leading assets, and altcoins collectively under pressure:
ETH fell below $1,600 (-3%), SOL dropped 1.72%, and the altcoin market is at a freezing point.
Ethereum's on-chain TVL continues to decline, and the dominance of stablecoins is being diverted by public chains like Solana and Tron, highlighting BTC's 'safe haven' effect.
📉 Historical trend warning: In 2019/2021, after BTC's market share broke 60%, it triggered a rebound in altcoins, but the current weakness of ETH may delay the reversal pace. $ETH
April 22 BTC Market Analysis & ETH Trading Suggestions
Bitcoin price broke through the $88,000 mark, up 3.5% from the previous day, with an intraday fluctuation range of $86,327-$88,850, marking the first significant breakthrough since the tariff storm in early April.
Trump recently threatened to fire Federal Reserve Chairman Powell, raising concerns in the market about the loss of the Fed's independence, causing the dollar index to plummet to a three-year low. Although the three major U.S. stock indices were significantly impacted by Trump's threat to intervene in the Fed's independence (the Dow fell 2.48%, the Nasdaq fell 2.55%), Bitcoin rose against the trend, demonstrating its strengthened safe-haven attribute. The market's declining confidence in the dollar (the dollar index fell to 98.22) further drove funds into anti-inflation assets.
Technical Analysis The daily chart shows three consecutive bullish candles, and the hourly chart has completed a breakout from an ascending triangle pattern, releasing bullish signals; the 200-day simple moving average (SMA) is at $88,245, forming a key mid-term resistance level. If it holds above this level, it may open up upward space to the $90,000-$92,000 range.
Bitcoin is forming the fourth 'cup and handle' pattern on higher time frames, with a short-term target pointing to $90,000-$92,000 (confluence of Fibonacci 0.618 retracement level and psychological level). If it breaks through the double top pressure of $93,000 in the long term, it is expected to challenge $100,000.
April 22 Bitcoin: Buy at 87,300-87,800, target 88,500-89,700 Ethereum: Buy at 1560-1580, target 1640-1700
April 21 BTC Market Analysis & ETH Trading Suggestions
Bitcoin price once rebounded above $87,000 during the Asian session, strengthening alongside gold, mainly influenced by the rising expectations of the Federal Reserve's interest rate cuts and the US dollar index falling to 98.68.
The market expects approximately 86 basis points of rate cuts before the end of 2025, with the first rate cut potentially starting in July; an accommodative monetary policy may further drive up Bitcoin.
Technical Analysis
Daily Chart Bitcoin price successfully broke through the key resistance level of $86,000, triggering the "Power of 3" technical model. This model is based on Fibonacci extension and market cycle theory, indicating that prices are expected to rise further. On the daily chart, the price has closed positively for several consecutive days, and the moving average system shows a bullish arrangement, with the 5-day moving average (approximately $85,500), 10-day moving average (approximately $84,800), and 20-day moving average (approximately $84,200) diverging upwards, forming solid support. The MACD indicator's fast and slow lines continue to diverge upward above the zero axis, and the histogram is continuously expanding, showing strong and increasing bullish momentum. The RSI indicator has risen to around 65, not yet entering the overbought zone, indicating that there is still room for price increase.
4-Hour Chart The price continues to rise along the upper Bollinger Band, with the Bollinger Band opening further widening, indicating increased market volatility and a clear bullish trend. The middle band is around $85,500, becoming an important support level in the short term. If the price stabilizes above this level during a pullback, it is expected to continue rising. The 4-hour MACD indicator remains in the strong zone above the zero axis, with red bars continuing to lengthen, showing that bullish strength has an absolute advantage. The KDJ indicator hovers near the overbought zone but has not yet formed a death cross, indicating that the bullish trend is continuing in the short term, but caution is needed for pullback risks.
Fibonacci and Trend Line Analysis Fibonacci Retracement: The Fibonacci retracement level from the February 2025 high of $102,390 to the April low of $83,171 shows that the current price has broken through the 50% retracement level ($87,780). If it stabilizes at this position, the next target points to the 61.8% retracement level ($90,210).
Trend Line Breakthrough: The price has effectively broken through the descending trend line (resistance level $86,000) since March 2025, confirming the mid-term upward trend.
April 21 Bitcoin: Long at 86,600-87,100, target 87,900-88,200 Ethereum: Long at 1,610-1,635, target 1,660-1,700
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