Coin Circle Li Ying: On May 18, Bitcoin's sideways pattern hides explosive signals, be cautious to avoid risks, latest market analysis

Coin Circle Li Ying: Bitcoin's latest market analysis on May 18

Article published on May 18, 2025—00:50

Current Bitcoin price is 103,000, this kind of sideways market is usually only encountered on weekends, which is just a good time for everyone to take a break, but Li Ying still brings a different analysis for everyone's reference. First, we can see that the K-line fluctuates between 102,000 and 106,000, showing an overall sideways oscillation trend

In the short term, Li Ying finds that market sentiment is relatively cautious, trading volume is low, and momentum is insufficient. It is expected to continue to maintain a state of oscillation and consolidation, with little price movement likely. Therefore, Li Ying suggests that the current market lacks significant trends and momentum, and large-scale operations are not recommended. It is suitable for short-term traders to engage in high selling and low buying near key support and resistance levels. For long-term investors, it is advisable to remain cautiously watchful and wait for more obvious trend signals to appear before making adjustments

From a technical perspective, the current K-line formation of a doji star usually indicates a balance of bullish and bearish forces in the market, signaling a potential trend reversal or continuation; a bearish engulfing pattern may appear, but it needs to be confirmed with subsequent strong trends. The MA is in a state of oscillation, and a breakthrough in MA30 is a hint that the main force may enter a consolidation phase. MACD shows that the market may stabilize but lacks a clear buying signal. Before that, one can only wait for the market to reach resistance or support levels before considering entry, and it is advisable to watch again before that

Today's Li Ying point prediction

Long entry point at 102,000, add to long at 101,500, stop at 500 points, target at 104,500

Short entry point at 105,500, add to short at 105,800, stop at 500 points, target at 103,500

The above analysis is based on Li Ying's conclusions drawn from market data and trend analysis and does not constitute investment advice. For reference only.