Crypto Circle Early Occurrences 2025.5.16 Friday 5️⃣
Market Analysis 🖥 Predicting Future Trends
Bitcoin and Ethereum Trend Analysis, Wealth Codes, Long and Short Entry Points…
BTC 4-hour K-line Trend:
Resistance Level: 104314~105670
Support Level: 102898~101772
ETH 4-hour K-line Trend:
Resistance Level: 2586~2635
Support Level: 2491~2449
Technical Analysis:
1. Bitcoin 4-hour Cycle K-line Volume Decrease Uptrend (as of 6:52 AM – see screenshot), 4-hour K-line shows a “W” double bottom pattern, current volume performance is poor, please pay attention to the marked resistance level above, do not blindly chase high, consider making long positions or spot layout at the support level marked in the screenshot;
2. Bitcoin Daily and Smaller Cycle Indicators Show Bullish Trend, Short-term Operations Should Buy on Dips; 4-hour, 6-hour, 12-hour K-line Dynamic Lotus Water Splash Pattern, indicates that prices will continue to show a bullish trend, short-term operations should buy on dips;
3. Bitcoin 6-hour ~ 12-hour Cycle MACD Indicators Show Rootless Water Pattern, prices still have a need for correction, short-term operations should buy on dips, once prices in the 15-minute and 30-minute small cycles correct to the EMA60 moving average, double bottom, or important neck line support level, it is the best opportunity to enter long positions 🥰; (Please wear a stop-loss seatbelt and have protective measures for three ways to relieve positions ~ there are teaching courses) {Contract Thinking};
Spot Trading Thinking: Prices correcting to the above important support levels can lightly place long orders for entry {Spot Thinking};
Investing has risks, market entry requires caution, the above analysis is for reference only! You can also consider making corresponding layouts for mainstream coins, secondary mainstream coins, and altcoins based on the correlation effect of Bitcoin!
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