Crypto Circle Academician: 4.30 Bitcoin short-term breakdown alert—Can the Bollinger Band lower band support hold? This rebound is not a reversal! Latest market analysis and trading suggestions

Bitcoin is currently at 75,400. This pullback has been truly fierce—the low hit 74,868 directly, and it is now hovering around 75,400! This is not a good time to “buy the dip.” The risk is greater than the opportunity. It is recommended to stay on the sidelines and wait patiently for signs that the price has stabilized before making plans. In the short term, don’t think about going north—shift the focus from north to south. Pullback resistance should be the main consideration heading south.

The daily K-line has broken below the EMA15 moving average. Down below, support from the EMA30 and EMA60 moving averages is in serious danger. The northbound trend has already clearly weakened. The MACD red histogram continues to shorten, indicating that northbound momentum is fading. After DIF and DEA formed a death cross, they moved downward, with southbound signals being continuously confirmed. The Bollinger Band middle line at 75,617 is clearly acting as resistance. The current price is trading below the middle band. Short-term support is near the Bollinger Band lower band around 71,580. If it breaks below 74,000, the downside room will expand further.

In the 4-hour K-line, the price has broken below key moving-average support, forming a short-term southbound trend, and the moving-average system is arranged downward. The MACD green histogram continues to expand. After DIF and DEA formed a death cross, they moved downward, with southbound momentum being continuously released. The Bollinger Band is opening downward, and the price is moving along the lower band. Short-term rebound resistance is near the Bollinger Band middle line around 77,060. If it cannot return to this level, the rebound will most likely be a bull trap. After that, there is still risk of further testing lows around 74,500. So before that happens, be steadier—keep your stop-losses on, and do it slowly. As long as the principal is there, opportunities will always be. Don’t let a moment of impulsiveness ruin everything.

Short-term trading idea reference: Follow the long-term cycle trend, keep stop-losses small, and trade quickly in and out.

If heading north from 73,800 to 74,100: set a stop-loss at 73,300, and look for targets at 75,500 to 76,300.

If heading south from 76,300 to 76,800: set a stop-loss at 77,500, and look for targets at 74,800 to 74,000; if it breaks down, look to 72,800.

The current market is biased to the south. Prioritize taking profits from rebounds by shorting. Long positions are only suitable for short-term quick in-and-out trades; set stop-losses strictly to avoid being swept back and forth by a choppy market. Keep position size within 30%. #加密市场小幅下跌 $BTC