Cryptocurrency Li Ying: Is Bitcoin's precise take profit at 85,000 on April 19? Ethereum fluctuates at a high position, and a short-term rebound cannot change the long-term downtrend! Latest market analysis
Cryptocurrency Li Ying: Latest market analysis of Bitcoin on April 19
Article published on 2025.4.19—00:50
Current price of Bitcoin is 84,500. Yesterday, Li Ying clearly set a multi-target take profit at 85,000, reaching a high of 85,300 before coming down. Although this short bullish space is only 1,000 points, it was expected. The K-line is fluctuating at a high position, forming multiple small fluctuations, indicating that the market is in a hesitant state. The daily line sees fierce competition between bulls and bears. Technical indicators show that the 4-hour MACD may have a rebound in the short term, but the strength is limited. EMA is short-term bullish; in the long term, the overall upward trend has not changed. In terms of strategy, consider laying out long positions after a pullback to support, temporarily avoiding shorts.
Today's Li Ying price prediction
Long entry point at 84,000, adding at 83,000, stop at 500 points, target at 86,000
Short entry point at 86,000, adding at 87,000, stop at 500 points, target at 84,000
Ethereum analysis
Current price of Ethereum is 1,585, following the decline and not the rise, always missing the predetermined points. It is temporarily recommended to wait for another bottom test before considering going long. Unless Ethereum breaks above the resistance level of 1,650, otherwise do not consider shorts. The K-line fluctuates in the range of 1,580 to 1,600, forming a narrow fluctuation and consolidation pattern. There is strong support below on the daily line. Technical indicators show that the 4-hour MACD may form a golden cross, and the short-term trend may turn bullish, but this is only temporary. The long-term downtrend is still quite evident, and the EMA shows short-term pressure while remaining in a downtrend long-term. Therefore, Li Ying suggests to trade small in the direction of the large trend, and the safest approach is to short at the upper resistance levels during short-term pullbacks.
Today's latest price reference
Long entry point at 1,570, adding at 1,520, stop at 30 points, target at 1,650
Short entry point at 1,650, adding at 1,700, stop at 30 points, target at 1,570
The above analysis by Li Ying is based on market data and trend analysis, and does not constitute investment advice. For family reference.
The article content is real-time and for reference only; risks are borne by the reader.
