Cryptocurrency Early Events 2025.5.14 Tuesday 3️⃣
Market Analysis 🖥 Predicting Future Trends
Bitcoin and Altcoin Trend Analysis, Wealth Secrets, Long and Short Entry Points…
BTC 4-hour K-line Trend:
Resistance Level: Around 105608～106555
Support Level: Around 103726～102758
ETH 4-hour K-line Trend:
Resistance Level: Around 2738～2830
Support Level: Around 2606～2565
News Analysis: Last night at 20:30, the US CPI data was released at 2.3% (positive), US stocks surged, and the crypto market followed suit with prices rising;
Technical Analysis:
1. Bitcoin's 4-hour K-line shows a decrease in volume (as of 6:56 AM – see screenshot), last night the price surged to around 104949 influenced by news, currently the price is in a double top pattern and is correcting, with volume performance being poor. Please pay attention to the marked resistance levels above and do not blindly chase highs. You may consider going long or making spot arrangements at the marked support levels in the screenshot;
2. Bitcoin's daily, 2-hour, and smaller cycle KDJ indicators are all resonating with a bullish trend, suggesting to buy on dips for short-term operations; Bitcoin's daily and 2-hour cycle KDJ indicators show overbought conditions above 80, indicating that prices will continue to rise in the future, with short-term trading strategies focused on buying on dips;
3. Bitcoin's 4-hour to 6-hour MACD indicators are showing a non-root water pattern, indicating a demand for price corrections. For short-term operations, buy on dips. When the price in the 15-minute and 30-minute small cycles corrects to the EMA60 moving average, double bottoms, or significant neckline support levels, that is the best opportunity to enter long positions 🥰; (Please use a stop loss, buckle up your safety belt, and take the necessary protective measures with the three-step unwinding strategy – there are teaching courses) {Contract Thinking};
Spot Trading Thinking: When the price corrects to the important support levels marked above, you can place light long positions for entry {Spot Thinking};
Investing involves risks; proceed with caution. The above analysis is for reference only! You can also make corresponding arrangements for mainstream coins, altcoins, and cryptocurrencies based on Bitcoin's correlation effects!
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