Cryptocurrency Market Early Updates 2025.4.20 Sunday
Market Analysis🖥 Forecasting Future Trends
Analysis of Bitcoin and Altcoin Trends, Wealth Codes, Long and Short Entry Points…
BTC 4-Hour Candlestick Trend:
Resistance Level: Around 85487～86894
Support Level: Around 84301～83256
ETH 4-Hour Candlestick Trend:
Resistance Level: Around 1619～1683
Support Level: Around 1540～1486
Technical Analysis:
1. Bitcoin's 4-hour cycle candlestick shows a volume decrease and upward trend (as of 7:27 AM), with the 4-hour candlestick forming an “M” double top pattern (price rose to the neck resistance level around 85486 before starting to correct). Currently, the volume performance is poor, please pay attention to the marked resistance levels above, and do not blindly chase highs. The support levels marked in the screenshot can be considered for long positions or spot layouts;
2. Bitcoin’s 30 minutes to 12 hours medium and small cycle indicators show multi-cycle resonance bullish trend. Short-term operations can look to buy on dips; BTC weekly candlestick shows a sunrise bottoming signal 📶, you can consider entering spot layout around 82541 using the 7-week Big White Horse strategy;
3. Bitcoin’s 30 minutes to 1 hour MACD indicators are showing an oil leak pattern, indicating a demand for price correction in the future. Short-term operations should buy on dips; once the price in the 30-minute small cycle corrects to the EMA60 moving average, double bottom, or important neck support level, it presents the best opportunity for long position entry 🥰; (Please set stop-loss, fasten your seatbelt, and prepare defensive measures for the three rescue tactics - with teaching courses) {Contract Thinking};
Spot trading thinking: When the price corrects to the important support levels marked above, light positions can be placed for long entries {Spot Thinking};
Investment carries risks, and entering the market requires caution; the above analysis is for reference only! You can also consider corresponding layouts for mainstream coins, mid-level coins, and altcoins based on Bitcoin's correlation effect!
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