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Cryptocurrency Morning News 🥇 2025-3-4 Tuesday 2️⃣
Analysis of Bitcoin and Ethereum trends, wealth secrets, long and short ambush points…
BTC 4-hour K-line trend:
Resistance level: around 88887~91337
Support level: around 84650~81879
ETH 4-hour K-line trend:
Resistance level: around 2259~2400
Support level: around 1921~2080
Technical Analysis:
1. Bitcoin's 4-hour cycle K-line shows a volume decrease and a rise (as of 7:17 AM). After a “V” shape reversal yesterday, the price rose to the neckline resistance level near 94000 and has since corrected. The current volume performance is not good; please pay attention to the resistance level above and do not blindly chase high prices. You can prepare long positions or spot buy based on the marked support levels in the screenshot;
2. Bitcoin's daily line shows a resonance of large, medium, and small cycle Gu Bi trend indicators indicating a 🈳 head trend. For short-term operations, make 🈳 at highs; the weekly MACD indicator for Bitcoin has a dead cross above the 0 axis in a high position showing a formless water shape, indicating that the price will mainly oscillate in a wash-out pattern in the future;
3. The MACD indicator for Bitcoin's daily line is showing an oil leak shape below the 0 axis, indicating a need for further price correction in the future. For short-term operations, make 🈳 at highs. When the price in the 15-minute and 30-minute small cycle K-lines pulls back and rebounds to the EMA60 moving average, double top shape, or important neckline resistance level, it is the best opportunity for 🈳 single layout entry 🥰; (Please wear a stop-loss and fasten your seatbelt and adopt protective measures for the three solutions to unlock – there are teaching courses) {Contract Thinking};
Spot trading thinking: If the price corrects to the important support level marked above, you can make a light position to go long {Spot Thinking};
Investment has risks, and market entry requires caution. The above analysis is for reference only! You can also make some corresponding layouts for altcoins based on Bitcoin's correlation effect!
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