Crypto Circle Early Events 2025.5.7 Tuesday 3️⃣
Market Analysis 🖥 Future Trend Prediction
Bitcoin and Altcoin Trend Analysis, Wealth Code, Long and Short Entry Points…
BTC 4-Hour K-Line Trend:
Resistance Level: 96433~97272 Nearby
Support Level: 95597~94871 Nearby
ETH 4-Hour K-Line Trend:
Resistance Level: 1814~1840 Nearby
Support Level: 1779~1755 Nearby
Technical Analysis:
1. Bitcoin's 4-hour cycle K-line shows a significant upward trend (as of 7:05 AM, see screenshot). After breaking the neck line resistance level of 95370, the price surged. Pay attention to the marked resistance levels above; do not blindly chase high prices. Consider entering long positions or spot layouts at the support levels indicated in the screenshot;
2. In the daily cycle, Bitcoin is showing a bullish trend across large, medium, and small cycles with the Gu Bi trend indicator, suggesting to buy on dips for short-term operations; Bitcoin's 6-hour and 12-hour K-lines are both exhibiting a lotus rising pattern, indicating future price increases, so the main strategy is to buy on dips;
3. Bitcoin's 12-hour cycle MACD indicator shows a no-root water pattern, indicating a need for price correction. For short-term operations, buy on dips. If the price retraces to the MA60 moving average, double bottom, or important neck line support level on the 30-minute cycle, that would be the best opportunity to enter long positions 🥰; (Please set stop-loss and take precautions with three recovery strategies ~ there are teaching courses) {Contract Thinking};
Spot Trading Thinking: If the price retraces to the important support levels marked above, you can consider entering long positions with light positions {Spot Thinking};
Investing carries risks, and caution is needed when entering the market. The above analysis is for reference only! You can also consider corresponding layouts for mainstream coins, sub-mainstream coins, and altcoins based on Bitcoin's correlation effect!
A year’s plan starts in spring 🌹
A day’s plan starts in the morning 💰
Follow “Crypto Circle Early Events” 🥇 for easy and profitable trading 🥰
Your “Like + Follow” is my greatest encouragement, thank you!
#BTC
#ETH
#Market Trend
#Crypto Circle Early Events
#币圈盘报分析