empty
09.04.2025 09:22 AM
Trading Recommendations for the Cryptocurrency Market on April 9

Bitcoin and Ethereum collapsed by the end of Tuesday, continuing the heavy sell-off during today's Asian session. Another sharp decline in the U.S. stock market dragged other risk assets down, including the cryptocurrency market.

This image is no longer relevant

In February 2025, Bitcoin fell below the average aggregate break-even price of short-term holders — and yesterday, it was Ethereum's turn. According to CryptoQuant, ETH's drop below the average break-even level of traders signals the beginning of a key stage in the crypto market. This level represents the average purchase price at which most traders bought ETH. A break below it often triggers a cascade of liquidations and margin calls.

Analysts call this a "market cleansing," implying the removal of overly optimistic and overleveraged players from the market. It's a painful but necessary phase of recovery that creates the conditions for more sustainable growth. History shows that while such events are unpleasant in the short term, they often precede periods of recovery and growth in the medium term.

This image is no longer relevant

However, as long as the sell-off in the U.S. stock market doesn't stop, talking about buying in the crypto market remains inappropriate — the correlation between them has become too strong lately.

As for intraday strategies in the crypto market, I will continue to rely on any major pullbacks in Bitcoin and Ethereum, expecting the medium-term bull market to remain intact.

Below are the short-term strategies and conditions:

This image is no longer relevant

Bitcoin

Buy Scenario

Scenario #1: Buy Bitcoin today if the price reaches the entry point around $77,350, targeting a rise to $79,400. I plan to exit longs near $79,400 and sell immediately on a bounce. Before buying on a breakout, ensure the 50-day moving average is below the current price and the Awesome Oscillator is in positive territory.

Scenario #2: Buy Bitcoin from the lower boundary at $76,100 if there's no market reaction to a breakout, targeting reversals to $77,350 and $79,400.

Sell Scenario

Scenario #1: Sell Bitcoin today if the price reaches the entry point around $76,150, targeting a decline to $74,600. I plan to exit shorts near $74,600 and buy immediately on a bounce. Before selling on a breakout, ensure the 50-day moving average is above the current price and the Awesome Oscillator is in negative territory.

Scenario #2: Sell Bitcoin from the upper boundary at $77,400 if there's no market reaction to a breakout, targeting reversals to $76,100 and $74,600.

This image is no longer relevant

Ethereum

Buy Scenario

Scenario #1: Buy Ethereum today if the price reaches the entry point around $1,488, targeting a rise to $1,542. I plan to exit longs near $1,542 and sell immediately on a bounce. Before buying on a breakout, ensure the 50-day moving average is below the current price and the Awesome Oscillator is in positive territory.

Scenario #2: Buy Ethereum from the lower boundary at $1,446 if there's no market reaction to a breakout, targeting reversals to $1,488 and $1,542.

Sell Scenario

Scenario #1: Sell Ethereum today if the price reaches the entry point around $1,446, targeting a decline to $1,387. I plan to exit shorts near $1,387 and buy immediately on a bounce. Before selling on a breakout, ensure the 50-day moving average is above the current price and the Awesome Oscillator is in negative territory.

Scenario #2: Sell Ethereum from the upper boundary at $1,488 if there's no market reaction to a breakout, targeting reversals to $1,446 and $1,387.

Summary
Urgency
Analytic
Maxim Magdalinin
Start trade
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

Recomendaciones para operar con el Bitcoin (BTC/USD) el 18 de julio según el sistema ICT.

El Bitcoin comenzó una corrección bajista después de haber alcanzado la marca de 123 200$ y la terminó literalmente al día siguiente. Desde el punto de vista del análisis técnico

Paolo Greco 07:50 2025-07-18 UTC+2

Recomendaciones para operar con el Bitcoin el 17 de julio según el sistema ICT.

El Bitcoin comenzó un retroceso descendente después de alcanzar la marca de 123 200$, pero por ahora eso es solo un nombre. El Bitcoin retrocedió, pero en el marco temporal

Paolo Greco 07:19 2025-07-17 UTC+2

Recomendaciones para operar con el Bitcoin el 16 de julio según el sistema ICT.

El Bitcoin comenzó una corrección bajista después de haber alcanzado el nivel de 123 200 $. En este momento, la caída ya es de unos 6 000 $. El "oro

Paolo Greco 08:09 2025-07-16 UTC+2

Recomendaciones para operar con Ethereum (ETH) el 16 de julio según el sistema ICT.

El Ethereum comienza a mostrar signos de independencia. En los últimos dos días, el Bitcoin se corrigió a la baja entre 6 y 7 mil $, mientras que el Ethereum

Paolo Greco 07:54 2025-07-16 UTC+2

Recomendaciones para operar con Solana (SOL/USD) el 15 de julio según el sistema ICT.

Solana, naturalmente, también mostró un crecimiento en los últimos días, pero en prácticamente cualquier marco temporal se puede ver que este crecimiento fue mucho más débil que el del Bitcoin

Paolo Greco 07:08 2025-07-15 UTC+2

Recomendaciones para operar con Ethereum (ETH/USD) el 15 de julio según el sistema ICT.

El Bitcoin rompió la zona de 110 000 $ - 112 000 $ y arrastró hacia arriba a todo el mercado de criptomonedas, lo cual es lógico y coherente dado

Paolo Greco 07:08 2025-07-15 UTC+2

Recomendaciones para operar con el Bitcoin el 15 de julio según el sistema ICT.

El Bitcoin comenzó una corrección bajista después de haber alcanzado el nivel de 123 200 $. En este momento, la caída ya asciende a unos 6 000 $. Cómo

Paolo Greco 07:08 2025-07-15 UTC+2

Recomendaciones para operar con el Bitcoin el 14 de julio según el sistema ICT.

El Bitcoin continúa su crecimiento desenfrenado. Si estás intentando una vez más encontrar una explicación lógica al nuevo repunte del Bitcoin, difícilmente la hallarás. Recordemos que explicar un movimiento

Paolo Greco 07:50 2025-07-14 UTC+2

¿Se perdió el Bitcoin? Se acerca la temporada de altcoins

Mientras el Bitcoin continúa actualizando sus máximos históricos, las autoridades de Kazajistán han declarado que están considerando la posibilidad de invertir parte de sus reservas de oro y divisas

Jakub Novak 13:47 2025-07-11 UTC+2

Recomendaciones para operar en el mercado de criptomonedas el 11 de julio

El Bitcoin actualizó otro máximo histórico por encima de $117 800, continuando su racha victoriosa de crecimiento. El Ether también superó ya la marca de $3 000, pero

Miroslaw Bawulski 08:06 2025-07-11 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.