Crypto Market Early Report 2025.5.2 Friday 5️⃣
Analysis of Market Trends 🖥 Forecasting Future Trends
Analysis of Bitcoin and Ethereum Trends, Wealth Code, Long and Short Entry Points…
BTC 4-Hour K-Line Trend:
Resistance Level: Around 96864~97676
Support Level: Around 95841~94958
ETH 4-Hour K-Line Trend:
Resistance Level: Around 1852~1872
Support Level: Around 1814~1787
Technical Analysis:
1. Bitcoin's 4-hour cycle K-line is experiencing a volume drop (as of 7:19 AM – see screenshot), showing a top divergence pattern (price rises and then retraces). Currently, volume performance is poor, please pay attention to the marked resistance level above, and do not blindly chase high prices. Consider going long or arranging spot positions at the support levels marked in the screenshot;
2. In the daily chart, Bitcoin shows a bullish trend in the large, medium, and small cycles according to the trend indicators. For short-term operations, consider going long on dips; after 8 days of sideways oscillation, the daily K-line level chooses to break through the neck resistance level around 95178 with increased volume. A price pullback is an opportunity to enter with a light position;
3. The MACD indicators in the 6-hour to 12-hour cycles of Bitcoin are all showing a 'no root' shape, indicating a price retracement demand. For short-term operations, consider going long on dips; if the price retraces to the EMA60 moving average, double bottom, or important neck support level in the 30-minute small cycle, it is the best opportunity to enter a long position 🥰; (Please set stop-losses, buckle your seatbelt, and prepare protective measures for the three steps of position recovery – there are teaching courses) {Contract Thinking};
Spot Trading Thinking: If the price retraces to the important support levels marked above, you can lightly place long orders to enter {Spot Thinking};
Investing carries risks, and market entry requires caution. The above analysis is for reference only! You can also make corresponding arrangements for mainstream coins, sub-mainstream coins, and altcoins based on Bitcoin's correlation effect!
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