Crypto Circle Li Ying: Bitcoin and Ethereum Consolidating at High Levels, How Should Newcomers Position Themselves? Latest Market Analysis
Crypto Circle Li Ying: Latest Market Analysis for Bitcoin on April 30
Article published on April 30, 2025—00:30
Current price of Bitcoin is 94,900. The idea of being bullish is not wrong. Li Ying mentioned this point in yesterday's article. Before the publication yesterday, it was around 93,500, and now it is near 95,000. There is enough space to seize the opportunity. Currently, the market's candlestick chart is fluctuating around 95,000, forming a relatively obvious consolidation range. There is some selling pressure and buying power within 4 hours. The technical indicator MACD shows that bearish strength is weakening and may turn bullish. The short-term EMA trend is expected to maintain an upward momentum, so Li Ying still holds her opinion of being bullish and following the trend.
Today's Predictions by Li Ying
Long position entry at 93,000, add long at 92,000, stop loss 500 points, target 95,000
Short position entry at 96,000, add short at 97,000, stop loss 500 points, target 94,000
Ethereum Analysis
Current price of Ethereum is 1,820. Congratulations to the friends who bought at 1,750 yesterday; the target of 1,820 has been reached smoothly. Although the 70-point space is not very large, it is steady. Currently, the market's candlestick chart is fluctuating within the range of 1,800 to 1,850, forming a consolidation pattern with intense competition between bulls and bears. The technical indicator MACD shows a short-term rebound or trend change. The short-term EMA is beginning to strengthen, which helps support the price. With increasing market activity and positive news, the future trend is full of uncertainties. Li Ying reminds everyone to manage risks when shorting at high levels to prevent rapid price spikes in the market.
Today's Latest Price References
Long position entry at 1,750, add at 1,720, stop loss 30 points, target 1,800
Short position entry at 1,840, add at 1,860, stop loss 30 points, target 1,750
The above analysis is based on market data and trend analysis of the order book by Li Ying and does not constitute investment advice. For reference only. $BTC
