Binance Square 8 AM Live Cryptocurrency Morning News
Cryptocurrency Morning News🥇🥇🥇2025-1-3
Analysis of Bitcoin and Ethereum price trends, wealth codes, long and short ambush points…
BTC 4-hour K-line trend:
Resistance level: around 97388～98391
Support level: around 94445～95713
ETH 4-hour K-line trend:
Resistance level: around 3484～3546
Support level: around 3332～3408
Technical analysis:
1. Bitcoin 4-hour cycle K-line volume increases with rising prices (as of 7:34 AM), yesterday the 4-hour cycle K-line surged to the double top resistance level around 97549 and has begun a pullback, currently still fluctuating at the upper wedge channel; please note the neckline resistance level around 98391 above;
2. The small cycle trend indicators below the 6-hour for Bitcoin resonate with bullish trends, and the short-term operating strategy is to buy on dips;
3. Bitcoin's 30-minute and 1-hour MACD indicators show a non-rooted water pattern, indicating a demand for a brief price pullback. Once the price pulls back to the small cycle 15-minute, 30-minute EMA60 moving average, Bollinger lower band, double bottom pattern, or important neckline support level, it will be the best opportunity to enter long positions🥰 (Please use stop-loss and ensure safety measures while preparing for the three strategies to break even) {Contract Thinking};
Short-term trading thinking: If the price pulls back to the above-labeled important support levels, you can enter long positions with light positions {Spot Thinking};
Investment involves risks, and caution is required when entering the market. The above analysis is for reference only! You can also make some corresponding layouts for altcoins based on the correlation effect of Bitcoin!
A year's plan depends on spring🌹
A day's plan depends on morning💰
Follow 'Cryptocurrency Morning News'🥇 for easy and profitable trading🥰
Your 'like + follow' is my greatest encouragement, thank you!
#BTC
#ETH
#Market Trend
#Cryptocurrency Morning News
#币圈盘报分析 #币安全球用户突破2.5亿 #XRP重返市值前三 #比特币战略储备 #MicroStrategy增持BTC
