Crypto World Early Events 2025.6.6 Friday 5️⃣
Market Analysis 🖥 Future Trend Prediction
Bitcoin and Ethereum Trend Analysis, Wealth Code, Long and Short Entry Points…
BTC 4-hour K-line Trend:
Resistance Level: Around 103089～104715
Support Level: Around 100439～97316
ETH 4-hour K-line Trend:
Resistance Level: Around 2481～2541
Support Level: Around 2405～2347
Technical Analysis:
1. Bitcoin 4-hour cycle K-line experienced a significant drop (as of 6:57 AM ~ see screenshot), after breaking the important neck level around 104302, it has dropped sharply with increased volume, continuing a downward trend. Please pay attention to the indicated resistance level above, and do not blindly chase high prices. You may consider going long or entering the spot market at the support levels marked in the screenshot;
2. Bitcoin's 12-hour and smaller cycles show a resonating trend indicator 🈳 indicating a downward trend, consider shorting on highs;
3. Bitcoin's 12-hour MACD indicator is showing a leaking pattern below the 0 axis, indicating a need for price correction. In short-term trading, consider shorting on highs. If the price rebounds to the EMA60 moving average, double top, or important neck resistance level in the 15-minute or 30-minute small cycles, it is the best opportunity to enter a short position. Of course, if there is a bottom divergence pattern in the small cycle, you may also consider lightly entering long positions for short-term profits 🥰; (Please set a stop loss and fasten your seatbelt, and take protective measures for the three strategies to resolve positions ~ there are teaching courses) {Contract Thinking};
Spot trading thinking: If the price retraces to the important support levels indicated above, you can lightly place long orders to enter the market {Spot Thinking};
Investing involves risks, and caution is needed when entering the market. The above analysis is for reference only! Everyone can also make corresponding layouts for mainstream coins, secondary mainstream coins, and altcoins based on Bitcoin's correlation effect!
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