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Market analysis for BTC/ETH on May 2, 2025, at 9:45 AM Dubai time (
Yesterday, BTC finally broke through the 97000 line that was mentioned multiple times this week, reaching a broad peak between 93911 and 97000, currently fluctuating near the upper limit. In the past two days, the mentioned fluctuations have been consistent with those between 83315 and 85547, which can be seen as a first slight breakthrough. If the fluctuations are maintained at the upper limit between 96000 and 97000, there will be multiple opportunities for challenges in the future. Now, the key lies in the strength of the intermediate support!
BTC Attention
Support 93911/91700/89500
Temporary pressure at 100,000 valid points
Yesterday experienced huge fluctuations, but if you followed Sahu's last advice to buy during the decline over the past two days, your losses wouldn't be too significant; it's just about how much profit there is! It is said that someone opened a sell order of over $10,000 at the level of 85,500, and those people must be very stubborn!
The current main levels are 97000/94000/96000, and you can pay attention to today's short-term opportunities!
Note ETH
Supports 1755/1705/1675
Temporary pressure 1875/1912
The main level is 1753/1835. Continue to look for buying opportunities during adjustments, but the 1835 level has been tested multiple times. This level is not a selling position. Wait for the next resistance, look for adjustment signals, and break through the 1828-1835 level!
In fact: If you do not have a prior backup inventory, such as 75150/79000/83315/85547, etc., please remember that when another opportunity arises, you must maintain backup inventory in any form, as backup inventory can bring substantial profits when a significant trend emerges!
Don't worry, guys, Sao is going to Dubai tonight. Let's have a good gathering when he comes back!
Congratulations to the brothers who have eaten meat in the past few days!
I won't be providing photos to my brothers today!