Li Ying in the Crypto Circle: Latest Bitcoin Market Analysis on April 24

Article Published on April 24, 2025 — 01:10 AM

The current price of Bitcoin is 93,600. Li Ying's bullish approach is indeed correct, as mentioned at the beginning of the article: to follow the trend. With such a favorable market, even the rise from 90,000 yesterday to 95,000 today represents significant movement. Currently, the market's K-line shows a continuous upward trend, indicating strong buying power. An upper shadow has formed within the 4-hour timeframe, suggesting selling pressure at the current price level. The technical indicator MACD shows a weakening bullish momentum but remains in a strong state. The EMA short-term, medium-term, and long-term moving averages support the current upward trend. Therefore, Li Ying believes the short-term trend remains bullish. The strategy continues to focus on primarily long positions with some short positions as a supplement.

Today's Li Ying Price Predictions

• Long Entry: 92,000, Add Long at 91,000, Stop Loss 500 points, Target 94,500
• Short Entry: 95,000, Add Short at 96,000, Stop Loss 500 points, Target 92,000

Ethereum Analysis

The current price of Ethereum is 1,800. Persistence will always yield the desired results, especially when following the trend. By trading in line with the trend, there will consistently be positive returns. Just as Li Ying has reminded everyone to take long positions recently, the current K-line clearly shows an upward trend. It has fluctuated between 1,790 and 1,835 within the 4-hour timeframe, forming a certain range of consolidation. The technical indicator MACD is in a bullish trend, and the EMA indicates strong support and upward momentum. Therefore, the strategy remains focused on primarily long positions, and pullbacks can be considered for long entries.

Today's Latest Price References

• Long Entry: 1,750, Add at 1,720, Stop Loss 30 points, Target 1,830
• Short Entry: 1,830, Add at 1,850, Stop Loss 30 points, Target 1,720

The above analysis by Li Ying is based on market data and trend analysis and does not constitute investment advice. It is for reference only. Over the past ten years, Li Ying has continuously explored and experienced hundreds of different digital assets. Throughout this process, Li Ying 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, Li Ying feels a responsibility to share her insights, hoping to assist others with dreams in finding their place in this unpredictable market and embarking on their own successful journey.

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

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