Crypto Market Early Reporting 2025.8.17 Sunday
Market Analysis 🖥 Forecasting Future Trends
Bitcoin and Ethereum Trend Analysis, Wealth Code, Long and Short Entry Points…
BTC 4-Hour K-Line Support and Resistance:
Resistance Levels: ① 119126 ② 121078 Nearby
Support Levels: ① 117159 ② 115164 Nearby
ETH 4-Hour K-Line Support and Resistance:
Resistance Levels: ① 4516 ② 4632 Nearby
Support Levels: ① 4331 ② 4220 Nearby
Technical Analysis:
1. Bitcoin 4-Hour K-Line is experiencing a volume decline (as of 6:18 AM ~ see screenshot), Bitcoin's 4-Hour K-Line is in a sideways fluctuation, and current volume performance is not good. Do not blindly chase highs; consider entering long positions or spot purchases at the marked support levels in the screenshot;
2. Bitcoin’s 6-Hour and shorter time frame trend indicators are resonating with the downward trend, so execute short-term trades at highs;
3. Bitcoin’s 2-Day MACD indicator is showing a leaking formation, indicating a demand for price retracement. For short-term trades, execute at highs. Once the price on the shorter time frames (15 minutes, 30 minutes) retraces and bounces back to EMA60 moving average, double tops, or significant neckline resistance levels, it will be the best opportunity to enter short positions 🥰 (Please set stop-loss, buckle up for safety, and prepare protective measures for the three rescue strategies ~ there are instructional courses) {Contract Thinking};
Spot trading thinking: If the price retraces to the important support levels indicated above, you can place light long orders for entry {Spot Trading Thinking};
Investing carries risks, and market entry should be cautious. The above analysis is for reference only! You can also make corresponding layouts for mainstream coins, mid-tier coins, and altcoins based on Bitcoin's correlation effect!
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