【BTC Ten Thousand Points Strike Completed!!! Will it continue to rise or draw a door next?】
4-hour analysis 25.04.25
Current price 93500
Current trend: Bullish
Market analysis:
After breaking through the trend resistance level, it was strong last week,
Currently, the resistance level is consolidating.
Expected to continue until May 5th
Important support and key signals:
Trend support 91800
Currently in a triangular convergence consolidation area, in a volatile period.
Market projection:
Three possible scenarios in the future, need to be gradually verified
1. After consolidation, stabilize at trend support and break through the resistance level.
2. After consolidation, drop below the support level, go to the demand area for verification.
3. Enter the demand area and consolidate until the trend change on May 21st.
Important time nodes:
May 5th at 8 AM.
May 21st at 8 AM.
Due to the rapid rise in the market,
Currently entering consolidation areas at various time levels,
Need to wait patiently.
Operational suggestions:
In terms of shape, the current price 93550
has entered the triangular consolidation area.
Here, there is a fluctuation space of 2500 points both up and down.
If it breaks below 92500,
then it will enter a new level of consolidation area
with violent fluctuations of 4000 points up and down.
If it breaks below 90,000 after May 21st,
then a ten thousand point fluctuation will come.
Summary:
Currently in a 4-hour small cycle consolidation
After it ends, it will enter a large cycle daily consolidation
with significant variability.
Strategy recommendation:
Set points around resistance and support,
profit can be taken at any position.
There are many opportunities, suitable for swings.
Bullish strategy:
(There are three types, only one provided for now)
ENT: 94500 After breaking through enter
TP1: 96500
TP2: 98150
TP3: 99000
SL: 93850
Note: If it enters the rising channel, it will be a volatile upward movement.
Pay attention to mindset management.
Bearish strategy:
Short around the resistance level
ENT: 94000
TP1: 92500
TP2: 90500
TP3: 88000
SL: 94550
This area is a volatile downturn, can cycle multiple times.
The current market is entering a confusing phase,
Need to be careful to verify.
During the market consolidation period,
can pay attention to the rotation situation of other sectors.
Master the rhythm.