In my opinion, a wave 3 of a decline has just started A wave C of a wave 2 has just terminated at 95k Stop at 98.1k, reclaim of 95k and push above 98k would be invalidation of idea Confirmation of a bear market on bitcoin I believe wider market correction underway, caused mainly by tarrifs and uncertainty persisting Key dates markets on chart, target date for 60k is mid July.
Technical analysis of BTC contract on April 30: Today, the large-cycle daily level closed with a small negative line yesterday. The K-line pattern was a continuous positive single negative, and the price was still at a high level. The attached indicator was in a golden cross operation. Although the volume was shrinking, the price retracement could not be seen to continue at present, and the strength was relatively small. The price did not break the previous low point, so at present, the general trend remained bullish; the short-cycle hourly chart showed that the European and US prices continued to consolidate at a high level yesterday. The price began to fall under pressure in the early morning and continued in the morning. The current K-line pattern was a continuous negative, and the attached indicator was in a dead cross operation. Therefore, there is a high probability that there is still a demand for decline during the day. Pay attention to the low support position near the 92700 area below. Therefore, today's BTC short-term contract trading strategy: sell at the 94000 area, stop loss at the 94500 area, and target the 92700 area;
SPY/ES Gamma Chart Analysis – April 30, 2025 Key Insights Based on SpotGamma Levels, Volume Profile & Option Walls: ? Market Context: SPY at 544.52, showing a significant drop of -1.78%. The price has broken down from the upper gamma range and is now testing key support zones. Heavy Put Walls and Call Walls are defining psychological and gamma-driven price magnets. ? Zones & Price Targets: Zone Type Level Description / Reaction Expectation ? Resistance 550 Strong Call Wall & Put Wall, likely a ceiling. Reversal or rejection expected. ? Sell Zone 545 Marked as "Possible Sell Zone", coincides with Put Wall (1) / Call Wall (4) – watch for short entries. ? Buy/Sell Zone 543.70 Neutral area, can serve as battle zone for bulls/bears. Volume shelf area. ? Support 540 Converging Put Wall (3) / Call Wall (5) – strong gamma support, watch for bounce or breakdown. ? Target Levels (Bearish Plan): Target # Level Description 1️⃣ 545 Minor drop target, near-term scalp if price rejects from above. 2️⃣ 543 Medium target if selling pressure continues. 3️⃣ 540 Major target, strong support – key test for further downside continuation. ? Bullish Scenario (Lesser Probability Today): Reclaim of 548–550 zone may trigger long setups with potential targets: 548 ES 550 ES ? Strategic Takeaways: "Options positioning is pointing to downside pressure unless bulls reclaim 545-548 area quickly." Ideal setup: Short bounces into 545 with stops above 548. Targets staggered from 543 to 540 based on gamma support layers. Vol Trigger: 550, showing the zone where volatility starts increasing – another bearish sign.
Crude oil market analysis: Crude oil has also started to fluctuate recently. Yesterday's daily line finally began to decline. Crude oil is bearish in both the big and small trends. Continue to sell when it rebounds to the moving average. The crude oil pattern is still weak on the daily line. The current suppression position has begun to move down. Crude oil 61.68 is an opportunity to sell. The daily moving average has begun to rush down. Don't intercept it. Fundamental analysis Today, we will start to pay attention to the ADP data, as well as PCE data and EIA crude oil inventory data. Operation suggestions Crude oil------sell near 61.60, target 60.00-58.00
I have this idea where you can sell EURUSD. Considering there’s news, we might hit the stop loss, so we could look for a better entry higher up, as long as everything confirms. I’m sharing this idea in case you want to take it.
Thoughts on SMCI after we have a large overnight gap down (stemming from a rejection of our purple & red selling algos). Happy Trading :)
Our analysis is based on multi-timeframe top-down analysis & fundamental analysis. Based on our view, the price will fall to the monthly level. DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you. Please support our analysis with a like or comment!
Add RSI and you can do long term trades on Optimistic Ethereum.
These are Support and Resistance lines for today, April 30, 2025, and will not be valid for the next day. Mark these in your chart by clicking grab this below. Yellow Lines: Heavily S/R areas, price action will start when closing in on these. White Lines: Are SL, TP or Mid Level Support and Resistance Areas, these are traded if consolidation take place on them. Sub R/S: An Area where price action could happen.
- NZDUSD reversed from the resistance level 0.6020 - Likely to fall to support level 0.5800 NZDUSD currency pair recently reversed down from the pivotal resistance level 0.6020 (former top of wave 2 from November) intersecting with the 61.8% Fibonacci correction of the downward impulse from September. The downward reversal from the resistance level 0.6020 started the active intermediate impulse wave (3). Given the overbought daily Stochastic, NZDUSD currency pair can be expected to fall to the next support level 0.5800, the former resistance from March and the target for the completion of the active impulse wave 1.