4.20 Cryptocurrency Evening Express - The Trump Effect Ferments, Bitcoin and Ethereum Trends Under Pressure!

CN
4 days ago

Good evening, crypto friends! I am Wang Yibo, tracking real-time hotspots in the crypto world to help seize the best trading opportunities! Currently, the global economic and political landscape is stirring due to the anticipated policies of Trump. His new trade protectionist tariff plan may ignite a global trade war, and political maneuvers like "withdrawing from groups" will further disrupt international order. Risk aversion is driving funds into the gold market, and the cryptocurrency market is also experiencing intensified fluctuations.

Bitcoin is experiencing a "roller coaster" market today, retracing to the point of increase from yesterday. The monthly candlestick pattern shows hidden mysteries, with heavy pressure at the 88500 level, and the bearish dominance remains unchanged. After two unsuccessful attempts to break through on the weekly chart, it has retreated, with the hourly chart accelerating down to the lower Bollinger Band. The 4-hour chart has faced resistance at 85500 after three attempts to break through, and it is currently targeting the 83000 level, requiring close attention to the breakout direction.

Ethereum is showing a clear weakening trend, with insufficient bullish momentum in the MACD, and the KDJ is hovering in the overbought zone, exposing a lack of upward momentum. The long upper shadow at the 1636 level confirms strong resistance, and the bears have accelerated their descent to 1570. The critical support level at 1550 on the 4-hour channel is precarious; if it is lost, it may trigger panic selling and open up downward space! All crypto friends must closely monitor market trends and manage position risks!

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If you are feeling lost—don’t understand the technology, can’t read the charts, don’t know when to enter the market, don’t know how to set stop losses, don’t understand take profits, randomly increase positions, get stuck while trying to catch the bottom, can’t hold onto profits, or miss out on market movements… these are common issues for retail investors. But don’t worry, I can help you establish the right trading mindset. A single profitable trade speaks louder than a thousand words, and finding the right direction is better than repeatedly facing defeats. Instead of frequent operations, it’s better to strike accurately, making each trade more valuable. If you need real-time guidance, you can scan the QR code at the bottom of the article to follow my public account. The market changes rapidly, and due to the timeliness of reviews, subsequent trends will be based on real-time layouts. I look forward to steadily moving forward in the market with you.

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