Crypto Circle Early Events 2025.4.17 Thursday 4️⃣
Market Analysis 🖥 Forecasting Future Trends
Analysis of Bitcoin and Altcoin Trends, Wealth Codes, Long and Short Attack Points…
BTC 4-Hour K-Line Trend:
Resistance Level: Around 85487~86894
Support Level: Around 83256~81666
ETH 4-Hour K-Line Trend:
Resistance Level: Around 1619~1683
Support Level: Around 1540~1486
Technical Analysis:
1. Bitcoin's 4-hour cycle K-line shows a decreasing volume drop (as of 7:21 AM), the 4-hour K-line is forming a “W” double bottom pattern, currently the volume performance is poor, please pay attention to the resistance level marked above, do not blindly chase high prices, consider making long positions or spot layouts at the support levels marked in the screenshot;
2. Bitcoin's small and medium cycles under 1 hour show a multi-cycle resonance of the trend indicator 🈳 head trend, for short-term operations, take advantage of highs to make 🈳;
BTC Weekly K-Line shows a rising sun bottoming signal 📶, you can consider making a spot layout around 82541 using the 7-week big horse strategy;
3. Bitcoin's 30-minute cycle MACD indicator shows an air leak pattern, the 4-hour to 6-hour cycle MACD indicators are all showing rootless water patterns, there will be a need for price correction in the future, for short-term operations, take advantage of highs to make 🈳, once the price in the 30-minute small cycle pulls back to the double top or significant neckline resistance level, it will be the best opportunity to enter the 🈳 layout🥰; (Please wear a stop-loss seatbelt and prepare three measures to avoid losses – there are teaching courses) {Contract Thinking};
Spot Trading Thinking: If the price pulls back to the important support levels marked above, you can lightly place long orders to enter the market {Spot Thinking};
Investing carries risks, please be cautious when entering the market, the above analysis is for reference only! You can also make corresponding layouts for mainstream coins, sub-mainstream coins, and altcoins based on Bitcoin's linkage effects!
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