Crypto Circle Li Ying: Bitcoin's Key Milestone Reached on 4.29, Unlock the Secrets to a New Wealth Journey! Latest Market Analysis and Trading Tips

　　
　　Family members! The current price of Bitcoin is 75,900, and this trend is extremely volatile—sometimes surging upward sharply, sometimes plunging rapidly, keeping investors on the edge of their seats. Not long ago, it hit a high point, but it didn’t last long before pulling back. Now, everyone in the market is guessing whether Bitcoin will continue its previous upward momentum or resume a correction, all eagerly awaiting a direction.
　　
　　From the Bollinger Bands indicator, the current price is near the middle band, with the upper and lower bands opening wide, indicating market volatility remains intense. Regarding moving averages, the 7-day, 30-day, and 120-day averages are in a bullish arrangement, but the short-term averages show signs of flattening, suggesting short-term upward momentum may be weakening. In the MACD indicator, the DIF and DEA lines are turning downward from a high position, and the MACD value is shrinking, indicating the bullish strength is waning, while the bearish forces are gradually accumulating, and the market may face some correction pressure.
　　
　　Finally, Li Ying provides reference entry points for long and short positions. For bulls, if Bitcoin can effectively hold above 76,000 and volume increases, it’s a good entry signal, with targets up to 78,000 - 80,000. For bears, if the price breaks below the support level of 75,000 and cannot quickly recover, a downward trend may begin. At this point, consider shorting, with the lower target around 73,000 - 71,000.
　　
　　Risk reminder: The above analysis by Li Ying is based on real-time market data and is for reference only. It does not constitute investment advice. Trading risks are borne by the individual. $ETH ‌#加密市场小幅下跌