Crypto Market Early Events 2025.5.3 Saturday 6️⃣
Market Analysis 🖥 Future Trend Predictions
Bitcoin and Ethereum Trend Analysis, Wealth Codes, Long and Short Entry Points…
BTC 4-hour K-line Trend:
Resistance Level: 97676~98451
Support Level: 95972~94807
ETH 4-hour K-line Trend:
Resistance Level: 1852~1872
Support Level: 1814~1787
Technical Analysis:
1. Bitcoin 4-hour K-line shows a volume decline (as of 6:56 AM - see screenshot), the 4-hour K-line is oscillating at high levels within an ascending price channel, with poor volume performance. Please pay attention to the marked resistance levels above, do not blindly chase highs; consider going long or laying out spot positions at the support levels marked in the screenshot;
2. Bitcoin's daily and smaller time frame indicators resonate with a bullish trend, suggesting that short-term operations should buy on dips; the 6-hour K-line shows a top divergence pattern, with prices retracing to important neckline support levels, consider using the right-side positioning rule for long entries;
3. Bitcoin's 1 to 2-hour MACD indicators are showing a rootless water pattern, indicating a demand for price retracement. Short-term operations should buy on dips; when the 30-minute small cycle price retraces to double bottoms or important neckline support levels, this is the best opportunity to enter long positions 🥰; (Please set stop losses and take protective measures with three strategies for position management – with teaching courses) {Contract Thinking};
Spot Trading Thinking: When the price retraces to the important support levels marked above, light positions can be placed for long entries {Spot Thinking};
Investing involves risks, proceed with caution, the above analysis is for reference only! Everyone can also consider corresponding layouts for mainstream coins, altcoins, and cryptocurrencies based on Bitcoin's correlated effects!
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