Crypto Circle Liying: Bitcoin Reappears on April 17! What to Do if Ethereum Short Sellers Are Trapped? Here's What to Do Next! Latest Market Analysis
Crypto Circle Liying: Latest Market Analysis for Bitcoin on April 17
Article Published on 2025.4.16—00:30
Current Bitcoin Price: 85000. The market is again oscillating according to Liying's expected trend. Yesterday's short target was 86000, and the target was 83000. Although this wave’s target of 83000 didn’t reach 86000, there has already been a space of over 2000 points to take profit at any time. If the upper resistance level does not break, we can continue to short. The K-line is oscillating around 85000, forming a slight fluctuation consolidation pattern. There is certain selling pressure above on the 4-hour chart, and the technical indicator MACD shows weakening short strength, which may turn into a golden cross. The short-term trend of EMA is biased towards strong, and the price is running above EMA7, providing strong support.
Today's Liying Point Forecast
Long Entry: 84000, Add Long: 83000, Stop Loss: 500 points, Target: 86000
Short Entry: 86000, Add Short: 87000, Stop Loss: 500 points, Target: 84000
Ethereum Analysis
Current Ethereum Price: 1590. Yesterday at 1650, where did everyone exit? Although Liying didn't catch the lowest point, it still entered at a good position. Currently, the K-line is oscillating around 85000, with certain selling pressure above on the 4-hour chart. The technical indicator MACD may turn into a golden cross. The short-term trend of EMA is biased towards strong, and the price is running above EMA7, providing strong support. Overall, the short-term trend is slightly bullish, and the medium-term is bearish. The strategy is to short if the previous high is not broken. Short-term bulls should hold and not rush to exit, wait for a peak before taking profit.
Today's Latest Point Reference
Long Entry: 1570, Add Long: 1520, Stop Loss: 30 points, Target: 1650
Short Entry: 1690, Add Short: 1730, Stop Loss: 30 points, Target: 1570
The above analysis is based on Liying's conclusions drawn from market data and trend analysis. It does not constitute investment advice. For reference only. $BTC
