Crypto Market Early Events 2025.6.4 Tuesday 3️⃣
Market Trend Analysis 🖥 Predicting Future Trends
Analysis of Bitcoin and Ethereum trends, wealth codes, long and short ambush points…
BTC 4-hour K-line trend:
Resistance Levels: Around 106489~107466
Support Levels: Around 105029~104162
ETH 4-hour K-line trend:
Resistance Levels: Around 2649~2691
Support Levels: Around 2568~2531
Technical Analysis:
1. Bitcoin's 4-hour cycle K-line is experiencing a volume reduction drop (as of 6:31 AM - see screenshot), with the 4-hour K-line oscillating within a converging triangle area. Currently, the volume performance is poor. Please pay attention to the resistance levels marked above, and do not blindly chase high prices. Consider going long or making spot arrangements at the support levels marked in the screenshot;
2. The trend indicator for small to medium cycles below 3 hours for Bitcoin resonates with a bullish trend, suggesting to buy on dips for short-term trades;
3. The MACD indicator for Bitcoin's 1-hour cycle shows a non-root water shape, indicating a demand for price correction. For short-term trades, buy on dips. If the price in the 15-minute and 30-minute small cycles corrects to a double bottom or important neck line support level, it is the best opportunity to enter long positions 🥰; (Please set stop-loss and ensure you are well-prepared with protective measures - there are teaching courses) {Contract Thinking};
Spot Trading Thinking: If the price corrects to the important support levels marked above, you can consider placing long positions with light positions {Spot Thinking};
Investment carries risks, and caution is advised when entering the market. The above analysis is for reference only! You can also make corresponding arrangements for mainstream coins, sub-mainstream coins, and altcoins based on Bitcoin's correlation effects!
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