Crypto Circle Li Ying: As of April 24, the short-term bullish trend for Bitcoin and Ethereum remains strong, continuing to be bullish! Don't miss this wave of market! Latest market analysis
Crypto Circle Li Ying: Latest market analysis for Bitcoin on April 24
Article published on April 24, 2025 - 01:10 AM
Current price of Bitcoin is 93,600. Li Ying insists that the bullish approach is correct, as mentioned at the beginning of the article, to follow the trend. With such a good market, even moving from 90,000 yesterday to 95,000 today shows significant space. Currently, the K-line presents a continuous upward trend, indicating strong buying power. An upper shadow line has formed within 4 hours, indicating selling pressure at the current price level. The technical indicator MACD shows reduced bullish momentum but still maintains a strong state. The EMA supports the current upward trend for short-term, mid-term, and long-term moving averages. Therefore, Li Ying believes the short-term trend remains bullish. The approach continues to focus on buying low primarily, with selling as a secondary target for operation.
Today's predicted points by Li Ying
Buy point at 92,000, additional buy at 91,000, stop at 500 points, target 94,500
Sell point at 95,000, additional sell at 96,000, stop at 500 points, target 92,000
Ethereum analysis
Current price of Ethereum is 1,800. Persistence will always yield the results we desire, especially with a trend-following approach. Following the trend will always result in positive returns, just as Li Ying has reminded everyone to buy low in recent days. The current K-line shows a clear upward trend, fluctuating between 1,790 to 1,835 within 4 hours, forming a certain range of fluctuations. The technical indicator MACD is in a bullish trend, and the EMA shows strong support and upward momentum, so the approach remains focused on buying low, considering buying on dips.
Today's latest reference points
Buy point at 1,750, additional at 1,720, stop at 30 points, target 1,830
Sell point at 1,830, additional at 1,850, stop at 30 points, target 1,720
The above analysis by Li Ying is based on market data and trend analysis of the order book and does not constitute investment advice. For family reference. $BTC