Stay updated with the hot news in the crypto world to take advantage of the best trading opportunities, today April 20, 2025, Sunday, I am Van Ibo! Greetings to all crypto fans this evening☀hardcore fan daily attendance👍 like and earn big money🍗🍗🌹🌹


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In the coming weeks, the global economy and politics may undergo new changes due to expectations surrounding Trump, which is worth paying attention to! In the global economic and political situation, the Trump factor is gradually becoming a key variable, so the situation in the coming weeks is particularly noteworthy. The trade protectionism policies that Trump implemented after coming to power, such as the introduction of new tariffs on most imported goods, could provoke a global trade war, significantly increasing economic uncertainty and jeopardizing global economic growth. Politically, his unpredictable playing style, especially through "withdrawals from agreements," undermines the existing international order, deteriorating the stability of relations among allies and making the international geopolitical situation even more complicated. For financial markets, there is a growing risk-averse sentiment among investors, with funds directed towards gold and other safe-haven assets. In this context, the cryptocurrency market, particularly Ethereum, also cannot escape the influence, and its price fluctuations may become even sharper due to new changes in the global economy and politics, while future trends remain unpredictable.
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Bitcoin fell from the end of the morning session to yesterday's rally. Basically, it's a back-and-forth movement in that range. In terms of overall structure, the current lunar line is still shown as a doji K, the upper point of the upper shadow line is 88500 line, and the lower shadow line is obviously longer, the reverse recall pattern is not over, then the end of the month will still show the condensation pattern, the general direction is still dominated by high altitude, on the weekly price comparison line after two rounds of ascending sounding to 88500 after the formation of the fall, the bullish trend still has not formed a continuation, and the bearish trend should also slow down, the K line has always supported the operation of the lower Bollinger Band, further determined the pressure of this range, In the short term, it will still come out of some shock correction, and once again accumulate strength to break the boxy structure, but this is an hourly level, all the way down, the trend has fallen from the top of the middle band to the bottom, Currently, the momentum is normal and the trend is also showing signs of divergence. Bitcoin's 4-hour chart is under pressure at 85,500, and it has missed three attacks this week, dropping below the mid-band to the lower band in the afternoon. It is currently approaching the low point of the 83,000 mark, and short-term one-way momentum is insufficient.
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Ethereum has shown a clear weakening trend in an interconnected market. On Friday, a slight rhythm of fluctuations in the ascending market began. In terms of technical indicators, in the process of this upward shock, although the bullish kinetic energy bar of the MACD indicator has increased, the growth is relatively limited, showing that the bullish strength is insufficient. At the same time, the KDJ indicator hovered near the overbought zone and failed to form a strong upward divergence, which also confirmed the lack of sufficient upward momentum from the side. In terms of price action, Ethereum met strong resistance after testing at 1636 and then came under pressure. Based on the analysis of the candlestick pattern, a long upper shadow has formed in the area of 1636, which is a typical signal of strong selling pressure from above. The strength of the bears increased sharply during the day, ushering in an accelerated downward mode. At the moment, the price has fallen to the 1570 mark. For now, the focus should be on the four-hour support of the first line of the 1550 channel. This support level is important in technical analysis, it is near the key trend line at the four-hour level, and if it is effectively broken, it is very likely that the market will test the previous lows in accordance with the Dow Theory and the trend continuation principle. Once the price breaks below 1550, the bearish trend will intensify further, market panic may spread, and selling pressure on investors will increase further, pushing the price to its previous lows. #WCTC S7 报名开启 #Gate.io 12周年 #创作者激励计划,发帖瓜分$2,000
ETH1,15%
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