Li Ying in the Crypto Circle: Bitcoin Latest Market Analysis on 10.18
Article Published on 2025.10.18------00:10
The current price of Bitcoin is 106,400. Li Ying assesses a clear downward trend for Bitcoin, with a death cross further confirming the continuation of this trend. However, the extremely low trading volume has created a significant divergence between price and volume, indicating low market participation, which may limit the space for further price declines. In the short term, the performance of the price around the key support level of 102,000 will be crucial for determining whether the market can stabilize. The daily chart has shown four consecutive days of bearish candles, gradually retreating from a high of 115,166 to 106,288, forming a clear downward trend. There is heavy selling pressure on the 2-hour chart. The MACD on the 2-hour chart shows bearish strength dominating, and the EMA indicates a bearish arrangement, suggesting an overall weak trend. Li Ying recommends that after a quick rebound following a short-term bottom, the overall trend should be observed, waiting for further dips before considering entry, with safety as the priority.
Short-term Strategy Reference:
- Long Entry Point: 104,000, Stop Loss: 103,500, Stop Loss Distance: 500 points, Target: 106,000
- Short Entry Point: 106,500, Stop Loss: 107,000, Stop Loss Distance: 500 points, Target: 104,000
Ethereum Latest Market Analysis
Before publication, the current price of Ethereum is 3,918. Li Ying observes that Ethereum is approaching the key support level of 3,400, accompanied by a bullish engulfing pattern, which provides potential support for a short-term rebound. However, the extremely low trading volume indicates insufficient market momentum, and trend indicators show that the price is below both short-term and long-term moving averages, with the moving averages sloping downward, creating some downward pressure. Overall, the market may maintain a volatile trend in the short term, and the effectiveness of the support level needs to be monitored. The daily chart continues to decline, forming consecutive bearish candles. The price has shown a slight rebound after a sharp drop on the 2-hour chart, but it remains in a downward trend, with highs gradually decreasing and lows being refreshed. The MACD on the 2-hour chart shows bearish strength dominating, and the daily MACD is also in a death cross state, continuing the downward trend. The EMA on the 2-hour chart shows a bearish arrangement, with short-term pressure concentrated around 3,800. There is a possibility of a rebound in the short-term cycle followed by an accelerated decline, so Li Ying advises to prioritize risk control and safety.
Short-term Point Reference:
- Long Entry Point: 3,700, Stop Loss: 3,650, Stop Loss Distance: 50 points, Target: 3,850
- Short Entry Point: 3,850, Stop Loss: 3,900, Stop Loss Distance: 50 points, Target: 3,750
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The content of the article is time-sensitive and for reference only; risks are borne by the reader.
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