Crypto Circle Academician: 5.14 Bitcoin Retreats to 79,088! Daily and 4-Hour Structures Fully Unraveled, Bulls and Bears' Critical Levels Locked In! Latest Market Analysis and Trading Recommendations

　　
Bitcoin's current price is 79,150. Bitcoin is once again playing the heartbeat game of jumping up and down. Just after reaching the high of 82,828, it turned around and dumped, directly trapping many friends who chased the high at the top. I am not surprised by this correction at all; it’s been consolidating at high levels for too long, and there was always a need for adjustment. I was stopped out after opening a long at 80,500, but this doesn’t mean the bull market is over; it’s just a shakeout! Now the price is stuck around 79,000, repeatedly rubbing, with some calling for a bottom and others calling for a waterfall. The market is never driven by emotions; I only look at indicators, not mysticism. Today, I will break down the key signals on the daily and 4-hour charts for you. After reading, you’ll know how to operate, and you won’t be led around by the market anymore.

　　
From the daily K-line, yesterday closed with a bearish candle down 1.71%, ending several days of small bullish upward attacks. The current price is still above the EMA30 at 77,847, with the moving averages still arranged upward, not fully broken yet, but the MACD indicator’s red bars are continuously shrinking, and the DIF has started to turn downward, indicating the upward momentum is waning. The middle band of the Bollinger Bands at 79,045 was briefly breached, with the lower band at 75,360 forming a key support, and the upper band at 82,731 acting as strong resistance. Overall, the daily chart is in a high-level oscillation correction after an upward move, with increasing bullish and bearish divergence. In the short term, caution is needed against the risk of retesting the moving average support.

　　
On the 4-hour chart, a large bearish candle directly broke below the EMA15 at 80,422 and EMA30 at 80,561. The short-term moving averages are turning downward, forming an initial southward arrangement signal. The MACD green bars have expanded significantly, and the DIF has crossed below the DEA to form a death cross, indicating ongoing downward momentum. The Bollinger Bands are opening downward, with the price breaking below the middle band at 80,861 and approaching the lower band at 79,264. The lower band support has not been fully broken yet, but the KDJ indicator has entered the oversold zone, suggesting a short-term slight rebound or correction may be needed. Overall, the 4-hour level is in a correction trend, with strong resistance above during rebounds, so defensive operation is recommended.

　　
Short-term trading ideas: Follow the larger cycle trend, small stops, quick entries and exits

　　
Support at 78,000 to 78,500, stop-loss at 77,500, target at 78,900 to 80,500

　　
Resistance at 80,500 to 81,000, stop-loss at 81,500, target at 79,000 to 79,300

　　
Specific operations should be based on real-time market data. For more information, contact the author. The article may have delays; for reference only, risk self-responsibility. $BTC ‌#美国4月CPI上涨3.8%