Crypto Circle Academician: Bitcoin’s daily “southbound” pattern remains unchanged. The four-hour repair and buildup—when will Bitcoin’s turning point appear? Latest market analysis and trading suggestions



Bitcoin’s current price is 73,500. It’s already been half a year since June 1st. How was everyone’s performance over these past six months? I reviewed the past half-year’s results—only 7x, far from expectations. But the friends I spoke with all seemed defeated: chasing the rally means fearing being left holding the bag; bottom-fishing means fearing getting trapped. Let’s review the words and advice I gave you. If you had listened even once, you wouldn’t end up with a situation like this today. At this moment, the market’s north-south logic—where to enter and where to avoid risk—is explained clearly. After reading, then choose.

The daily K-line is below the EMA15/30, and the moving averages are arranged in a downward (southbound) order, indicating the long-term trend is under pressure. In the MACD indicator, DIF is still below DEA. The green histogram bars are shrinking slightly. Although the downside momentum has weakened, it hasn’t been completely reversed. The Bollinger Bands’ opening keeps narrowing; price is trading close to the lower band. Resistance from the upper band is around 81,100, and support from the lower band is near 72,400. Trading volume recently is moderate, with a strong atmosphere of market waiting; no clear reversal signal has appeared. In the short term, it still remains mainly weak consolidation, and you need to watch whether it can hold above EMA15.

The four-hour K-line has entered a low-level sideways consolidation and repair phase. The current price is oscillating around EMA15/30. Short-term moving averages are flattening, while the long-term EMA120 is forming overhead pressure. The MACD indicator’s DIF crosses above DEA, and the red histogram continues to expand, releasing some short-term rebound momentum. After the Bollinger Bands shrink, they flatten; price is running near the middle band. Resistance from the upper band is 74,150, and support from the lower band is 73,060. Overall, on the 4-hour chart it’s a weak rebound, with limited rebound strength. With dense moving-average resistance overhead, it’s hard for the short term to change the sideways consolidation pattern.

Short-term trading idea (reference): Follow the trend of the big cycle; take small stop-losses and enter/exit quickly.

From 73,200 to 72,700 going north (buy/long), stop-loss at 72,200, targets at 74,500 to 75,000.

From 74,500 to 75,000 going south (sell/short), stop-loss at 75,500, targets at 74,000 to 73,000.

Actual trading should be based mainly on real-time order book data. For more information, you can consult the author. The article has a publication delay; the suggestions are for reference only—risk is yours to bear. #股票交易挑战最高赢17000U $BTC
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