Crypto Circle Li Ying: April 30 Bitcoin Technical Indicators Signal Turbulence, Is the Next Moment Paradise or Hell? Latest Market Analysis and Trading Suggestions


  
  Family members! Bitcoin's current price is 75,878, having surged all the way up to a high of 79,485. The momentum is like it's about to take off into the sky, and many investors are excited, thinking they can make a big profit. But who would have thought that this rally wouldn't last long, and Bitcoin started to turn downward, stumbling all the way to its current position. Now everyone in the market is wondering whether this is just a short-term correction or the end of the rally before a big drop, with no clear answer.
  
  From the moving average system perspective, the 7-day, 30-day, and 120-day moving averages show a bullish trend, but the short-term averages are showing signs of flattening, indicating that the short-term upward momentum is weakening. Regarding the MACD indicator, the DIF line is trending downward and crossing below the DEA line, and the MACD histogram is gradually shrinking above the zero line, suggesting that the bullish strength is waning and the market may shift toward a bearish trend. However, overall, the market is still in a bullish environment. If the MACD histogram can expand again and the DIF line rises, the bulls still have a chance; conversely, if weakness persists, bears may further take control.
  
  Finally, Li Ying provides entry reference points. For the bulls, if the price can stabilize and break through the short-term resistance level of 76,500, accompanied by effective volume increase, it can be seen as a sign of renewed bullish strength. At this point, consider entering the market, targeting the previous high of 79,485, with a stop-loss set below the entry point at around 75,500. For the bears, wait until the price breaks below the important support level of 75,000. If the MACD indicator remains weak, consider shorting with a target of 73,000, and set the stop-loss above the breakdown point, around 75,800. The stop-loss for bulls and bears should be adjusted based on actual conditions, here assumed to be around 75,800 or similar reasonable levels.
  
  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 at your own risk. #加密市场小幅下跌 $BTC
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