According to the latest market analysis on April 5, 2025, Bitcoin (BTC) is currently in a consolidating pattern, with technical and news factors intertwining to affect price trends. Below are today's trading strategy recommendations for Bitcoin.
Key Support and Resistance Levels
Support Level:
Short-term Support: $83,500 (5-day moving average)
Strong Support Range: $82,500-$83,000 (4-hour level support)
Key Defense Level: $80,000 (if broken, may accelerate the decline)
Resistance Level:
Short-term Pressure: $86,000-$88,000
Breakthrough Target: If it stabilizes above $88,000, it may test $90,000.
Suggested Entry Points for Long Positions
1. Go long when it stabilizes around $83,500 during a pullback.
- If BTC pulls back to around $83,500 (5-day moving average support) and shows a stop-loss signal (like 4-hour K-line closing positive, RSI rebounding), light long positions can be considered.
- Stop Loss: Below $82,500 (to prevent false breakouts)
Target: $86,000-$88,000 range
2. If it stabilizes around $81,200 during a pullback, consider setting up long positions.
If the market experiences a deep pullback to around $81,200 (previous low support), and MACD or RSI shows signs of oversold rebound, positions can be built in batches.
- Stop Loss: Below $80,000 (psychological level)
- Target: $85,500-$88,500
3. After breaking $86,000, confirm pullback to go long.
- If BTC breaks through $86,000 and confirms with a pullback (stabilizing around $85,500), long positions can be pursued.
- Stop Loss: Below $84,300 (to prevent false breakouts)
- Target: $88,000-$90,000
Risk Warning
- CPI Data Disturbance: The release of US CPI data on April 10 may trigger significant volatility; it is recommended to control positions in advance.
- Risk of Technical Failure: Current market sentiment dominates price. If sudden regulatory policies or black swan events (like tariff escalation) occur, it may break through technical support/resistance levels.
Summary
Today's BTC is suitable for range trading ($83,500-$86,500). Conservative traders can wait for a pullback to stabilize around $83,500 or $81,200 to go long, while aggressive traders can enter after confirming a pullback following a break above $86,000. Strictly set stop losses to avoid significant retracement due to sudden market sentiment changes.