Crypto Market Early Events 2025.4.24 Thursday 4️⃣
Market Analysis 🖥 Future Trend Prediction
Bitcoin and Ethereum Trend Analysis, Wealth Secrets, Long and Short Entry Points…
BTC 4-hour K-line Trend:
Resistance Level: 94737~96414
Support Level: 92686~91125
ETH 4-hour K-line Trend:
Resistance Level: 1840~1927
Support Level: 1748~1683
Technical Analysis:
1. Bitcoin's 4-hour K-line has shown a volume decrease while rising (as of 7:20 AM), currently consolidating in the rising price channel. The volume performance is poor, please pay attention to the resistance levels indicated above, and do not blindly chase high prices. At the support levels marked in the screenshot, consider taking long positions or spot allocations;
2. The daily chart of Bitcoin shows a multi-timeframe bullish trend according to the Gu Bi trend indicator, suggesting long positions on dips for short-term trades;
3. The MACD indicator on the 1 to 2-hour cycle of Bitcoin is showing a rootless water shape, indicating a demand for price correction. For short-term trades, consider taking long positions on dips. Once the price in the 30-minute cycle corrects to the EMA60 moving average, double bottom, or key neckline support levels, it is the best opportunity to enter long positions 🥰; (Please set stop-loss and ensure safety measures, and learn the three strategies for exit protection~ there are teaching courses) {Contract Thinking};
Spot Trading Thinking: If the price corrects to the important support levels indicated above, you can consider entering long positions with light positions {Spot Thinking};
Investing involves risks, and one should be cautious when entering the market. The above analysis is for reference only! You can also make corresponding allocations for mainstream coins, sub-mainstream coins, and altcoins based on Bitcoin's correlation effects!
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