Cryptocurrency Academician: On April 18, Good Friday, the US market will be closed. Will Bitcoin continue its sideways trend? Or will it break out of the range? Latest market analysis reference.

CN
6 days ago

The essence of trading is survival, followed by profit. Therefore, before each operation, think carefully about whether your actions are reasonable and whether your capital is safe. You need to develop a trading mindset that belongs to you, continuously optimizing and improving it. Although the suggestions from the cryptocurrency community may not make you rich overnight, they can help you persist. Only those who survive in the cryptocurrency space for the long term and stick it out until the end can achieve the results they desire. I hope you understand.

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Cryptocurrency Community Expert: April 18, 2025 Bitcoin (BTC) Latest Market Analysis

The current price of Bitcoin is 84,700. It is now 4 AM Beijing time. Everyone has enjoyed the box range fluctuations, right? The price has been moving between 85,000 and 84,000. The current market is only suitable for swing trading. I am currently holding a position at 85,100. The trading record has been updated for your reference. Take a look at my chosen entry and exit points, so you can have a clear understanding of the current market. The main force has repeatedly pushed the price up to sell off, and there are very clear signals. Additionally, today is Good Friday, and the US market is closed for a day, which basically confirms the sideways box range market. Even in a clear market, risk management must be done! Safety is always the priority.

Looking at the order book, the daily K-line has a maximum of 85,450 and a minimum of 83,700. The EMA trend indicator is contracting, and the K-line is still standing at the EMA30 support point of 83,800, indicating that this position is a valid support. You can try a long position after reaching the support. Just ensure you have a stop-loss; if you're wrong, exit quickly. If you're right, the potential for profit is relatively good. This kind of trend where the reward is greater than the risk can be captured. The MACD has shown continuous volume increase, but the volume is insufficient, indicating weak bullish momentum. The top space is valid, and the DIF and DEA are pushing upwards. The K-line has been standing at the middle of the Bollinger Bands for several days, facing resistance at the upper band, making it difficult to break the box range in the short term.

The four-hour K-line is currently at the top of the EMA trend indicator. The multiple upper shadows indicate selling pressure above. A short position is valid and can be held. The MACD has shown continuous volume contraction with a top divergence, indicating that a reversal trend may occur at any time. The upper band of the Bollinger Bands is at 85,700, and the lower band is at 83,200. If the box range is not broken, you can trade back and forth. If it breaks, exit with a small loss; do not hold onto losing positions.

Short-term trading ideas: The market is never 100% certain, so always ensure you have a stop-loss. Safety first; small losses with big gains are the goal.

For a long position, try entry points between 83,500 and 83,000, with a stop-loss at 82,500 (500 points). Target 84,500 to 85,000, and if it breaks, look at 85,500 to 86,000.

For a short position, try entry points between 85,500 and 86,000, with a stop-loss at 86,500 (500 points). Target 85,000 to 84,000, and if it breaks, look at 83,500 to 83,000.

Specific operations should be based on real-time order book data. For more information, you can consult the author. There may be delays in article publication; the suggestions are for reference only, and risks are borne by you.

This article is exclusively contributed by the Cryptocurrency Community Expert and represents the expert's unique viewpoint. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above viewpoints and suggestions may not be real-time and are for reference only. Risks are borne by you. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The expert also hopes that all investors understand that the market is always right. If you are wrong, you should reflect on where your issues lie. Do not let the profits that should be yours slip away. There is no need to be smarter than the market. When a trend comes, respond to it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success stems from today's choices. Hard work is rewarded, integrity is valued, and excellence is pursued. Gains and losses often occur unexpectedly. Develop the habit of strictly managing stop-losses and take-profits for each trade. The Cryptocurrency Community Expert wishes you happy investing!

Warm reminder: The above content is solely created by the author of the public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. Thank you for reading.

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