4.23 Cryptocurrency Market Analysis by Liying: Follow the Trend to Go Long and Make Big Profits! Did You Have Meat Today? Latest Bitcoin and Ethereum Market Analysis
Liying in the Cryptocurrency Market: Latest Bitcoin Market Analysis on 4.23
Article Published on 2025.4.23—00:50
Current Bitcoin Price: 90700. How is it? The approach of following the trend has been validated again today; yesterday I reminded everyone not to short, the main idea is to go long. How much have you profited? Congratulations to those who followed the analysis! Let’s take a look at today’s market. The current K-line clearly shows an upward trend, breaking through previous highs multiple times within the 4-hour K-line, and forming consecutive bullish candlesticks, indicating strong buying power. The MACD technical indicator has been continuously rising in the 4-hour timeframe, with both the fast line and slow line diverging upwards, indicating that the current market is in a strong bullish phase. The EMA shows an upward trend, which is clearly unmistakable, so do not doubt the determination of the bulls. In terms of strategy, we will continue to go long on pullbacks to support, and temporarily avoid shorting.
Today’s Liying Price Forecast
Long Entry at 89000, add to long at 88000, stop at 500 points, target 91000
Short Entry at 92000, add to short at 93000, stop at 500 points, target 90000
Ethereum Analysis
Current Ethereum Price: 1700. Ethereum has finally shown some strength, the bulls have entered the market, and the K-line displays a clear upward trend within the 4-hour cycle. The daily line shows a strong rebound, and the MACD technical indicator is in a bullish trend, so Liying continues to be bullish. The EMA has formed a golden cross, further confirming the short-term upward trend. The EMA120 has also been broken, indicating a shift to a bullish long-term trend. In terms of strategy, we will continue to focus on going long on pullbacks to support for now, while remaining cautious about shorting.
Today’s Latest Price Reference
Long Entry at 1650, add to long at 1620, stop at 30 points, target 1750
Short Entry at 1750, add to short at 1770, stop at 30 points, target 1650
The above analysis is based on market data and trend analysis from the order book, and does not constitute investment advice. For family reference only. $BTC
