This month's trend can be summarized as "Three-step bear trap": in the daily upward structure, there have been three consecutive fierce pullbacks to shake out traders. Currently, the bears are racing against time—if the midday sell-off cannot help short positions to be relieved, then the last day will be the final escape opportunity. If traders still cannot exit, once speculators ignite after May Day, a bearish stampede is likely to occur.

Yesterday, short positions placed at 79,400 (BTC) and 2,394 (ETH) captured the midday decline and were promptly closed for profit. Our principle is clear: as long as the key support levels at 77,000 (BTC) and 2,300 (ETH) are not broken, we do not fight the trend.

Looking ahead, the ideal scenario is for the price to retrace to around 75,300 BTC by the end of the month to gather strength, so that in May there could be about 12,000 points of bullish space to look forward to. But if the market continues to swing between 77,000 and 82,000 without a clear direction, the trading value diminishes. $BTC $GT $ETH