Crypto Market Early Insights: Analyzing Market Trends 🖥 Predicting Future Trends
⏰ 8 AM 🌈 Binance Square 🌈 Live Crypto Market Early Insights 2025-3-12 Wednesday 3️⃣
Analysis of Bitcoin and Ethereum price trends, wealth codes, long and short entry points…
BTC 4-hour K-line trend:
Resistance Level: 84664~86380 range
Support Level: 81435~79320 range
ETH 4-hour K-line trend:
Resistance Level: 1969~2080 range
Support Level: 1842~1763 range
Technical Analysis:
1. Bitcoin's 4-hour cycle K-line shows a volume contraction rise (as of 6:49 AM), the 4-hour K-line is in a box pattern consolidation. Please pay attention to the marked resistance levels above and avoid blindly chasing highs. You may consider entering long positions or spot layouts at the support levels marked in the screenshot;
2. Bitcoin's 3-hour to daily cycle Guppy trend indicator resonates with a 🈳 head trend, short-term operations should sell high 🈳; Bitcoin's weekly K-line MACD indicator fast and slow lines are in a dead cross above the 0 axis, indicating a rootless water shape, suggesting that Bitcoin's price will mainly experience consolidation moving forward;
3. Bitcoin's 1-hour cycle MACD indicator shows a rootless water shape, indicating a need for further price correction. Short-term operations should sell high 🈳, and the previous high near 84539 in the 1-hour cycle (or reference 4-hour cycle resistance level) is the best opportunity for 🈳 entry layout 🥰; (Please set a stop-loss and buckle up for safety, and prepare protective measures for the three strategies to break even – teaching courses available) {Contract Thinking};
Spot trading thinking: If the price retraces to the important support levels marked above, consider lightly placing long orders for entry {Spot Thinking};
Investing carries risks, and caution is needed when entering the market. The above analysis is for reference only! You can also consider some altcoin layouts based on Bitcoin's correlation effect!
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