According to Material Indicators (@MI_Algos), BTC bid support at the YO level of $93.5k was removed, with another block of bids stair stepping down. This technical shift paves the way for potential downside volatility as traders prepare for Wednesday’s upcoming economic reports and the monthly close. If BTC manages to reclaim and hold the $93.5k YO support, it could trigger a significant short squeeze, making this level a key focus for both bulls and bears in the near term (Source: Material Indicators on Twitter, April 30, 2025).

According to Material Indicators, there was a significant 'roof pull' from Spoofy the Whale accompanied by notable buying activity from another whale, referred to as 'purple whale'. This activity could potentially enable BTC bulls to aim for a green Monthly close. However, for sustained momentum, more bid liquidity is needed above the $75k mark. Source: [Material Indicators](https://twitter.com/MI_Algos/status/1906661466121404442).

According to Liquidity Doctor, the $ETH short position is performing well, with strong indications that Ethereum will close the month below $2,000. The trader is maintaining the short position and will provide updates on when to close the trade.

According to Material Indicators, the BTC order book features well-correlated, potentially choreographed guardrails, observed through FireCharts. These guardrails appear to be strategically placed at the same time, raising questions about their persistence beyond the monthly close. This suggests a significant influence on BTC's price stability, critical for traders to watch closely. Source: Material Indicators (@MI_Algos).

According to Eric Cryptoman, there are 3 days left for bulls to rally for a healthier monthly close. This suggests traders should monitor bullish movements closely as these could influence the monthly market trend. Eric's perspective indicates potential short-term opportunities for bullish positions if the market shows signs of upward momentum. [Source: Eric Cryptoman on Twitter]

According to Mihir (@RhythmicAnalyst), Render Token may reach $22 USD if it fails to establish a new monthly closing price. This suggests traders should monitor Render's monthly close as a pivotal resistance point in its price trajectory. The analysis implies that current resistance levels could influence short-term trading strategies. Traders should consider this potential price target when planning their positions, especially if the token remains below its monthly closing threshold.