Chuangjin Community - April 23, 2025 Analysis

News-driven rise, significant resistance encountered, 3-day moving average, daily close bearish, continue to watch for high-level fluctuations. If it can hold at 90,000, there is still a chance for further increases. Currently, avoid chasing long positions at these high prices.

Overall Environment: Defensive this weekend with selling pressure, a black swan event is expected soon, with the anticipation of interest rate cuts in June, 74,000 is currently the bottom. If there are no interest rate cuts, then this is not the bottom.

On the Day: High-level fluctuations, a divergence may occur in the 30-minute trend, followed by a drop, after which long positions can be taken again.

Resistance Levels: 1830, 1980, 96400, 10000

Support Levels: 1720, 1680, 89500, 90200

Ethereum on the Day: ① Current price shows a 15-minute divergence, may lead to a partial pullback short. ② Long positions at 1660, 1680, stop-loss at 1650, take profit at 1750, 1760. ③ After the pullback, rise to 1750, 1760 then short, keep an eye on the market.

Bitcoin on the Day: ① Currently no positions, do not chase long. If you want to take a pullback short, the stop-loss is the previous high. You can try a light position for a short, if not considering shorts, then pullback for long. If it drops quickly, exit part and keep some to break even. ② Long positions at 90900, 90200, stop-loss at 9000, take profit at 93500, 93000. ③ Short near 93500, stop-loss at 94200 or real-time divergence to short, stop-loss is the divergence point, take profit at 91500, 90500, 90200.

Combining live broadcasts and technical analysis, pay attention to position management, for reference only #比特币走势分析