Crypto Circle Early Events 2025.5.11 Sunday
Market Analysis 🖥 Forecasting Future Trends
Bitcoin and Ethereum Trend Analysis, Wealth Codes, Long and Short Ambush Points…
BTC 4-Hour K-Line Trend:
Resistance Level: Around 105783~107470
Support Level: Around 103928~102592
ETH 4-Hour K-Line Trend:
Resistance Level: Around 2606~2650
Support Level: Around 2516~2474
Technical Analysis:
1. Bitcoin's 4-hour cycle K-line shows a volume increase (as of 6:59 AM ~ see screenshot), with the 4-hour K-line price consolidating at a high level. Please pay attention to the marked resistance level above, and do not blindly chase highs. Consider going long or making spot purchases at the marked support level in the screenshot;
2. Bitcoin's daily chart shows a bullish trend in the major, medium, and small cycle indicators (unilateral upward trend), with short-term operations favoring buying on dips; Bitcoin's 12-hour to 2-day cycle KDJ indicators are all in the 80 overbought stagnation area, indicating that prices will continue to rise in the future, with short-term trading strategies focusing on buying on dips;
3. Bitcoin's 2-hour to 4-hour cycle MACD indicators show a rootless water pattern, indicating a short-term need for price adjustment. Perform short-term operations by buying on dips; when the 30-minute small cycle price adjusts to the Bollinger middle track, EMA60 moving average, double bottom, or important neckline support level, that is the best opportunity to enter long positions 🥰; (Please set stop-loss, fasten your seatbelt, and implement three protective measures to avoid losses ~ there are teaching courses) {Contract Thinking};
Spot Trading Thinking: If the price adjusts to the above marked important support level, one can lightly place long orders to enter the market {Spot Thinking};
Investing involves risks, and one must be cautious when entering the market. The above analysis is for reference only! Everyone can also consider making relevant layouts for mainstream coins, sub-mainstream coins, and altcoins based on Bitcoin's correlation effect!
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