Crypto Circle Early Events 2025.5.24 Saturday 6️⃣
Market Analysis🖥 Future Trend Prediction
Bitcoin and Ethereum Trend Analysis, Wealth Code, Long and Short Entry Points…
BTC 4-Hour K-Line Trends:
Resistance Level: 111967～110175 area
Support Level: 106951～105020 area
ETH 4-Hour K-Line Trends:
Resistance Level: 2608～2682 area
Support Level: 2510～2445 area
News Analysis: Yesterday, U.S. President Trump stated on social media that he recommends imposing a 50% tariff on the EU starting June 1, leading to a collective plunge in the cryptocurrency market;
Technical Analysis:
1. Bitcoin's 4-hour cycle K-line shows a volume decrease and price drop (as of 7:02 AM – see screenshot). The 4-hour K-line is significantly affected by news, experiencing a substantial price correction. Currently, the volume performance is poor; please pay attention to the resistance level marked above, and do not blindly chase high prices. At the support level indicated in the screenshot, consider entering long positions or spot arrangements;
2. Bitcoin's 2-hour and below small cycle GUPI trend indicators are resonating with a downward trend, short-term operations should sell on highs; Daily – 2-day cycle KDJ indicators are running in the overbought area above 80, indicating that prices are expected to continue rising in the future;
3. Bitcoin's 3-hour to 6-hour cycle MACD indicators are all showing rootless water patterns, suggesting a demand for price corrections in the future. For short-term operations, sell on highs. When the price in the 15-minute and 30-minute small cycles retraces and rebounds to the EMA60 moving average, double tops, or important neckline resistance levels, it presents the best opportunity to enter a short position. If a bottom divergence pattern appears in the small cycle, you can also use small funds for light positions to try going long and earn small wave profits🥰; (Please set a stop-loss and fasten your seatbelt, and prepare three measures for solving positions – there are teaching courses) {Contract Thinking};
Spot Operation Thinking: When the price retraces to the important support levels marked above, you can enter light long positions {Spot Thinking};
Investment involves risks, and caution is required when entering the market. The above analysis is for reference only! Everyone can also consider making corresponding arrangements for mainstream coins, secondary mainstream coins, and altcoins based on the correlation effect of Bitcoin!
A year's plan begins in spring🌹
A day's plan begins in the morning💰
Follow “Crypto Circle Early Events”🥇 to watch the market and earn money easily🥰
Your “Like + Follow” is my greatest encouragement, thank you!
#BTC
