April 17, 2025
The market has now reached a very sensitive period. Many people are greatly affected by even slight fluctuations in the market, which is quite normal, especially during downturns. It's easy to panic sell at this stage because most traders are bearish, and some even believe that prices will drop significantly. Under this sentiment, retail investors find it hard to be patient in holding positions. Now, let's discuss the market trend and soothe the panic of retail investors. Bitcoin market analysis: currently, the most bullish aspect is the weekly level. The cloud system's weekly chart has completely bottomed out. This pattern has been mentioned before; it is the first bottoming since October 2023, and it has taken a year and a half to reach the bottom. Therefore, I pay special attention to this bottom's trend and believe that a significant market movement will occur here.
Additionally, the MACD zero axis at the weekly level for Bitcoin and the large trend line have completed a retest. Each time the MACD at the weekly zero axis has been accompanied by significant rallies, so this position needs to be closely monitored. Moreover, since the large trend line completed a breakthrough and retest in April 2021, this large cycle pattern has completed the 123 rule, which basically should be accompanied by a significant rise.
Ethereum market analysis weekly level Ethereum's cloud chart weekly has completed the bottoming process. Each weekly bottom of Ethereum has been accompanied by significant rallies. Although the trend looks poor now, I am quite confident and firm about this pattern; the market will gradually start up.
SOL market analysis weekly market analysis SOL I believe this round of the bull market will perform quite well because the ecosystem of SOL is developing particularly well, especially its ecosystem. Therefore, when the bull market comes, it is highly likely to be accompanied by a meme series explosion. The SOL cloud chart weekly has already reached the bottom, and I called for a dip buy when SOL was at 100; perhaps there weren't many people paying attention at that time.
The following image is a Twitter post from April 7 about buying the dip for SOL, with a cost around 100.
Finally, all of this analysis is at a large cycle level. I want to emphasize one thing: a large-scale rally is coming soon, don't be affected by short-term fluctuations.