Zhou Yanling: Why Did Bitcoin Surge on April 25 and When Will It End? Today's Latest Trend Prediction Analysis and Strategy
At this point, there are still people asking me why Bitcoin has surged so dramatically this time. In fact, anyone who pays attention to current news should know a bit about it. The influence of celebrities like Trump and Musk cannot be ignored; Federal Reserve officials have signaled a potential interest rate cut, leading to increased market expectations for lower rates. This low-interest-rate environment encourages investors to shift their funds to Bitcoin in pursuit of higher returns. Additionally, due to macroeconomic shocks and geopolitical tensions, Bitcoin's safe-haven property has gained recognition. Countries and local governments like El Salvador and Bhutan are actively accumulating and supporting Bitcoin, resulting in a massive influx of funds that drives the price upward. From a technical perspective, Bitcoin has strongly broken through the previous high resistance point of 92,000 on the daily chart, establishing a bullish structural change. The breakout candle closed above the horizontal resistance level and the 200-day moving average, which has also attracted more technical investors to follow suit and buy in.
Now, the most important thing for us is how to grasp the upcoming market trends. From a technical standpoint, the short-term price has crossed above the long-term moving averages, forming a golden cross, as the 5-day and 10-day moving averages cross above the 20-day and 50-day moving averages, indicating an upward short-term trend. The overall moving average system is in a divergent state, with a bullish arrangement, suggesting that Bitcoin's price is likely to continue rising in the short term. However, recently, the price has been continuously pressured by resistance at 95,000, and the short-term price is temporarily in an adjustment phase. A long bearish candle has appeared on the daily level, indicating heavy selling pressure in the market. The MACD on the hourly cycle is in the negative zone, and the fast and slow lines show a downward crossover trend, indicating that further adjustments are expected in the short term. The RSI on the hourly cycle is close to 50, not entering the overbought or oversold zones, showing that the current market is relatively stable, but we need to pay attention to whether it will decline further. The EMA7 and EMA30 moving averages are showing a convergence state on the hourly cycle, with the price slightly below the EMA7, indicating short-term pressure; the EMA120 is far below the current price, and the long-term trend remains upward. In terms of operations, short positions can be taken appropriately in the short term, while the long-term trend still favors bullish positions. Specific point strategies will be provided below for reference.
Zhou Yanling's April 25 Bitcoin Trading Strategy:
Short at 94,200-93,200, stop loss above 95,200, target 91,800-90,900, continue to look for a decline near 90,000.
Long at 90,600-91,600, stop loss below 89,600, target 92,800-93,800.
Zhou Yanling's April 25 Ethereum Trading Strategy:
Short at 1,800-1,770, stop loss above 1,850, target 1,720-1,680.
Long at 1,680-1,710, stop loss below 1,640, target 1,760-1,800.
【The above analysis and strategies are for reference only. Please bear the risks yourself. The article's review and publication may have delays, and the strategies may not be timely. Specific operations should follow Yanling's real-time strategies.】
This article is exclusively shared by senior analyst Zhou Yanling (WeChat public account: Zhou Yanling). The author has been engaged in financial market investment research for over ten years and currently mainly analyzes and guides BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrency contracts/spot operations. For more real-time community guidance, consultation on unblocking strategies, and learning trading skills, you can follow the teacher (WeChat public account: Zhou Yanling) to find the teacher.
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