Is Bitcoin entering a one-sided bullish trend? The key turning point has arrived!
April 22, 2025, 09:04:22 (Tuesday)
1. 【Previous Situation Review (Wei Bo: Listen to the Wind and Rain for Detailed Video Analysis)】
Market Review: Yesterday's market surged as if we saw the tide of a roaring bullish beast. A large bullish candle pushed directly upwards, and in the evening, the ETF opened and hit 50, further boosting Bitcoin to challenge 88,000, ultimately closing at 49.72. For Bitcoin ETF, this is also a breakthrough that opens up the opportunity for a one-sided bullish trend, mainly depending on the flow of global capital. I believe the market is ready!
2. 【Today's Market Analysis】
1. BTC 4-hour Real-time Market Judgment Strategy Layout
After Bitcoin broke through yesterday's fluctuation range, it did not look back. Currently, Bitcoin is likely to choose a short-term fluctuation around 86-87. Whether it can break through depends on whether capital continues to flow in. From a technical perspective, yesterday's surge was a very perfect rally in terms of volume and price synchronization. At the 86-87 position, Bitcoin is forming a new normal distribution, indicating that this price has received capital recognition, combined with Fibonacci's upper resistance level of 88719 and support level of 86310.
2. ETH 4-hour Real-time Market Judgment Strategy Layout
Ethereum's structure has collapsed again, showing very weak momentum, reminiscent of the early days when Bitcoin was hitting new highs, with only Bitcoin rising. The upper resistance level for Ethereum is currently 1656-1692, and it has only tested 1656. The lower support is at 1540. If this 4-hour candle can close with a bullish candle, Ethereum will basically stabilize, considering bullish intervention. Currently, there is no upward momentum seen for Ethereum!
PS: Clear strategy points are on Wei Bo (Listen to the Wind and Rain) Fan group #比特币走势分析