Cryptocurrency Market Early Update 2025.5.4 Sunday
Market Analysis🖥 Predicting Future Trends
Bitcoin and Altcoin Trend Analysis, Wealth Codes, Long and Short Entry Points…
BTC 4-hour K-line Trend:
Resistance Level: Around 97676～98451
Support Level: Around 95972～94807
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 decrease and is declining (as of 6:56 AM ~ see screenshot). The 4-hour K-line is oscillating at a high level within an upward price channel. Currently, the volume performance is poor. Please pay attention to the indicated resistance levels above, and avoid blindly chasing highs. At the support levels marked in the screenshot, consider making long positions or spot purchases;
2. Bitcoin's 2-hour to daily cycle exhibits a bullish trend according to the Gubi trend indicator; short-term trading should focus on buying on dips; under 1 hour, smaller cycles resonate with a bullish trend, primarily placing long orders as limit orders;
3. Bitcoin's 3-hour to 12-hour MACD indicator shows a form without roots, indicating a need for price correction. For short-term trading, buy on dips. In the 30-minute small cycle, if the price corrects to a double bottom, an important neckline support level, or shows a bottom divergence pattern, it presents the best opportunity for entering long positions🥰; (Please set stop losses, buckle up for safety, and prepare the three protective measures for unlocking positions ~ there are teaching courses) {Contract Thinking};
Spot trading thinking: If the price corrects to the important support levels marked above, you can consider placing light long orders for entry {Spot Thinking};
Investment carries risks, and one must be cautious when entering the market. The above analysis is for reference only! You can also make corresponding allocations for mainstream coins, altcoins, and tokens based on the correlation effect of Bitcoin!
A year's plan starts in spring🌹
A day's plan starts in the morning💰
Follow “Cryptocurrency Market Early Update”🥇 for easy and profitable trading🥰
Your “likes + follows” are my greatest encouragement, thank you!
#BTC
#ETH
#Market Trend
#Cryptocurrency Market Early Update
#币圈盘报分析
