Pionex: Bitcoin 5.18 Latest Market Analysis

Article Published on 2025.5.18—00:50

The current price of Bitcoin is 103,000. This kind of sideways market usually only occurs on weekends, allowing everyone to take a break. However, Pionex still brings you a different analysis for your reference. First, we can see that the K-line fluctuates between 102,000 and 106,000, showing an overall sideways consolidation trend.

In the short term, Pionex has found that market sentiment is relatively cautious, with low trading volume and insufficient momentum. It is expected to continue maintaining a consolidation state, with little price movement. Therefore, Pionex suggests that the current market lacks significant trends and momentum, and large-scale operations are not recommended. It is suitable for short-term traders to engage in high selling and low buying near key support and resistance levels. For long-term investors, it is advisable to remain cautiously observant and wait for more obvious trend signals before making adjustments.

From a technical perspective, the current K-line pattern shows a doji, which usually indicates a balance of bullish and bearish forces, suggesting a trend reversal or continuation. A bearish engulfing pattern may appear, but it needs to be confirmed by subsequent strong movements. The MA is in a consolidation state, and if MA30 breaks through, it indicates that the main force may enter a consolidation phase. MACD shows that the market may stabilize but lacks a clear buying signal. Before that, one can only wait for the market to reach resistance or support levels before considering entry; prior to that, it is best to observe.

Today's Pionex Point Predictions

• Long Entry Point: 102,000, Add Long at 101,500, Stop Loss 500 points, Target 104,500
• Short Entry Point: 105,500, Add Short at 105,800, Stop Loss 500 points, Target 103,500

The above analysis is based on market data and trend analysis and does not constitute investment advice. It is for reference only. Over the past ten years, Pionex has continuously explored and experienced hundreds of different digital assets. Throughout this process, Pionex has witnessed the brilliance of bull markets and the gloom of bear markets, accumulating countless valuable experiences and profound lessons along the way. As a female trader striving in this challenging field, Pionex feels a responsibility to share her insights and hopes to help others with dreams find their place in this ever-changing market and embark on their own successful journey.

The content of this article is time-sensitive and for reference only; risks are borne by the reader.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。