From Cointelegraph

May 4, 2025 9:05 PM:

Bitcoin’s positive sentiment hinges on price staying above the 20-day EMA at $92,000. Altcoins show bullish patterns in 4-hour and 1-day timeframes. Bitcoin pulled back to $95,000 after hitting $97,895 on May 2. Analyst Timothy Peterson predicts a potential surge to $135,000 in 100 days with certain conditions met.

Crypto markets may see volatility as traders await the Federal Reserve’s interest rate decision. A rate cut on May 7 has a low probability per CME Group’s FedWatch Tool. Bitcoin must maintain $95,000 retest to see potential upside.

Bitcoin broke $95,000 resistance on May 1 but couldn’t sustain momentum. Upsloping 20-day EMA and positive RSI suggest buyers have the edge. A bounce from $95,000 could push price to $100,000, but a close below 20-day EMA may lead to a drop to $86,682.

Hyperliquid facing resistance at $21.50 with support at 20-day EMA. If price closes above $21.50, next targets are $25 and $27.50. A break below EMA could lead to support at $17.35. On the 4-hour chart, a bounce off EMA could challenge resistance at $21.50.

Aave turned bullish on April 30, aiming for $196 resistance. Bears may sell aggressively at $196, but a bounce off 20-day EMA could lead to $220 and $240. A break below moving averages could see a drop to $130.

Buyers pushed Render above $4.87 resistance but bears held ground. Bounce off 20-day EMA could lead to $6.20 if price breaks resistance. A drop below $4.22 support may lead to a fall to $3.55.

Fetch.ai turned down from $0.84 resistance, now at 20-day EMA at $0.65. A bounce off EMA could push price to $0.84 and possibly $1.09. Sellers may aim to pull price below EMA to $0.54. Support at $0.67 crucial, with potential range formation between $0.67 and $0.80.

Read more at Cointelegraph: Bitcoin price cools going into Fed rate hike week, HYPE, AAVE, RNDR, FET still look bullish