4.18 Cryptocurrency Market Warning: Heavy Selling Pressure Above Bitcoin, Bulls Should Be Alert for a Pullback! Ethereum Bullish Trend Established, Targeting 1700? Latest Market Analysis
Latest Bitcoin Market Analysis on 4.18
Article Published on 2025.4.18—01:30
Current Bitcoin Price: 84800, the market remains unchanged as per expectations from Li Ying, oscillating back to the starting point, currently around 84000. Those wanting to cash in around 85000 can do so at any time, as there has already been a 1000 point gain. It’s advisable to take profits, as the market is currently in a consolidation phase with little volatility. The K-line is oscillating at a high level, forming several long upper shadow K-lines, indicating heavy selling pressure above. The daily chart shows several consecutive bullish candlesticks, but overall, it is still within a wide oscillation range. The 4-hour MACD may show signs of turning bullish. The EMA indicates strong short-term support is still far away, and the long-term trend is unclear. In the short term, Li Ying suggests trading in waves, selling high and buying low, without holding positions too long; take profits when possible and wait for clearer trends before placing trend orders.
Today's Li Ying Position Predictions
Long Entry: 84000, Add Long at 83000, Stop at 500 Points, Target 86000
Short Entry: 86000, Add Short at 87000, Stop at 500 Points, Target 84000
Ethereum Analysis
Current Ethereum Price: 1610, short-term momentum has started, breaking 1600 with a high probability of continuing to stretch, oscillating around 1600, forming a small consolidation range. Currently in the consolidation phase after a rebound. The MACD bearish strength is weakening and may turn bullish. The EMA shows some short-term support but remains bearish in the long term. After reaching a key resistance level above, it’s advisable to take profits and short, trading back and forth to avoid missing out. Those who haven't entered can wait for higher levels to primarily short, temporarily observing and following the larger trend.
Today's Latest Position References
Long Entry: 1570, Add Long at 1520, Stop at 30 Points, Target 1650
Short Entry: 1650, Add Short at 1700, Stop at 30 Points, Target 1570
The above analysis by Li Ying is based on market data and trend analysis, and does not constitute investment advice. For reference only.
The content of the article is time-sensitive and for reference only; risks are borne by the reader. $BTC
