Crypto Circle Early Events 2025.3.29 Saturday 6️⃣
Market Analysis 🖥 Predicting Future Trends
Bitcoin and Ethereum Trend Analysis, Wealth Codes, Long and Short Entry Points…
BTC 4-hour K-line Trend:
Resistance: Around 84707~85744
Support: Around 84017~82770
ETH 4-hour K-line Trend:
Resistance: Around 1941~2021
Support: Around 1871~1807
Technical Analysis:
1. Bitcoin 4-hour cycle K-line shows a low-volume increase (as of 7:13 AM), the trading volume in the 4-hour K-line is not performing well, please pay attention to the marked resistance above, do not blindly chase highs, consider entering long positions or spot layouts at the indicated support levels in the screenshot;
2. Bitcoin's 2-day K-line shows a resonance of the medium and small cycle trend indicators, short-term operations should take advantage of highs; the weekly K-line MACD indicator's fast and slow lines are above the 0 axis forming a dead cross in a high position, it is expected that Bitcoin's price will mainly fluctuate in a washout pattern;
3. Bitcoin's 4-hour cycle MACD slow line has broken below the 0 axis, the 6-hour cycle MACD fast line has also broken below the 0 axis, the daily K-line is forming a dragon diving pattern, it is expected that the price will continue to decline; in short-term operations, take advantage of highs, if the price in the 30-minute small cycle retraces and rebounds to the EMA60 moving average, double top or important neckline resistance, it will be the best opportunity to enter the market for long positions 🥰; (Please set stop-losses and secure your seatbelt, and take protective measures with three strategies for getting out – there is a teaching course) {Contract Mindset};
Spot Trading Mindset: If the price retraces to the important support levels marked above, you can consider entering with light positions in a long layout {Spot Mindset};
Investing involves risks, and entry into the market requires caution. The above analysis is for reference only! Everyone can also make corresponding layouts for mainstream coins, small mainstream coins, and altcoins based on Bitcoin's correlation effects!
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