Cryptocurrency Li Ying: Bitcoin and Ethereum Dual Surge on April 20! When will the Bull-Bear Watershed be Broken? Latest Market Analysis
Cryptocurrency Li Ying: Latest Market Analysis for Bitcoin on April 20
Article Published on April 20, 2025 — 00:30
Current Bitcoin Price: 85,200. The entry point of over 84,000 that Li Ying reserved yesterday was not hit. Now short positions are opened to see if it can reach the 86,000 short entry point. Currently, the market's K-line fluctuates within the 85,000 to 86,000 range, forming a relatively obvious consolidation pattern. The buying support on the daily line is quite strong. Technical indicators show that the 4-hour MACD is currently weakening in upward momentum, limiting the bullish space. After a rise, it may be time to set up shorts. The EMA still has certain upward momentum in the short term, but we need to be cautious about the risk of a pullback. What we need to do is find opportunities to enter after a rise, and the rest is just to wait.
Today's Li Ying Point Forecast
Long Entry Point: 84,000, Add Long at 83,000, Stop Loss at 500 points, Target 86,000
Short Entry Point: 86,000, Add Short at 87,000, Stop Loss at 500 points, Target 84,000
Ethereum Analysis
Current Ethereum Price: 1,610. The upper resistance is always slow to break, and this gradual increase in price is the hardest to endure. Currently, the K-line pattern is fluctuating around 1,600, forming a small fluctuation range. On the daily level, there have been consecutive small bullish candles, indicating a certain buying power, but Li Ying finds it is not strong. The technical indicators on the 4-hour cycle show signs of a short-term rebound, but overall it remains in a low oscillation state. The EMA short-term moving average is crossing upward, which may indicate enhanced short-term upward momentum; however, the EMA120 is far above the current price, indicating that long-term pressure still exists, making it very difficult to break the previous high. The strategy is primarily to short at high levels, and temporarily not consider going long.
Today's Latest Point Reference
Long Entry Point: 1,570, Add at 1,520, Stop Loss at 30 points, Target 1,650
Short Entry Point: 1,650, Add at 1,700, Stop Loss at 30 points, Target 1,570
The above analysis is based on market data and trend analysis from the order book by Li Ying and does not constitute investment advice. For family reference. $BTC
