Crypto Circle Early Happenings 2025.5.24 Saturday 6️⃣
Market Analysis 🖥 Predicting Future Trends
Analysis of Bitcoin and Altcoin Trends, Wealth Codes, Long and Short Attack Points…
BTC 4-hour K-line Trend:
Resistance Level: Around 111967~110175
Support Level: Around 106951~105020
ETH 4-hour K-line Trend:
Resistance Level: Around 2608~2682
Support Level: Around 2510~2445
News Analysis: Yesterday, U.S. President Trump stated on social media that he suggested imposing a 50% tariff directly on the EU starting June 1, causing a collective plunge in the cryptocurrency market;
Technical Analysis:
1. Bitcoin's 4-hour K-line shows a significant decline in volume (as of 7:02 AM~see screenshot), heavily impacted by news, with a substantial price pullback. Currently, the volume is performing poorly; please pay attention to the marked resistance levels above, and do not blindly chase high prices. At the support levels marked in the screenshot, consider entering long positions or spot layouts;
2. Bitcoin's small cycle under 2 hours shows a resonance with the trend indicator, indicating a short-term operation to sell on high. Daily to 2-day cycle KDJ indicators are running in the overbought area above 80, suggesting a bullish outlook for future prices;
3. Bitcoin's 3-hour to 6-hour cycle MACD indicators are showing a non-rooted water pattern, indicating a demand for price pullback in the future. Short-term operations should sell on high, and if the price on 15-minute and 30-minute short cycles rebounds to the EMA60 moving average, double tops, or important neckline resistance levels, it is the best opportunity for long layout entry. If a bottom divergence pattern appears in the small cycle, small funds can be used to try long positions to earn small wave profits 🥰; (Please set stop-loss and fasten your seatbelt while taking protective measures with three ways to resolve issues~teaching courses available) {Contract Thinking};
Spot Operation Thinking: If the price pulls back to the important support levels marked above, you can consider entering with small positions {Spot Thinking};
Investment carries risks; proceed with caution. The above analysis is for reference only! You can also consider corresponding layouts for mainstream coins, alternative coins, and tokens based on Bitcoin's correlation effect!
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