Crypto Circle Academician: The 6.4 Bitcoin Southward Trend Remains Unchanged, What to Do When Stuck in the North? How to Break the Deadlock? Latest Market Analysis and Trading Recommendations



Bitcoin is currently priced at 66,000, and many crypto enthusiasts have recently been caught in a frustrating situation, falling from the high point down to 66,000. Each dip has led to being trapped, chasing short positions fears a sudden rebound causing missed opportunities, and daily monitoring the market with repeated indecision. Many retail traders only follow the trend of rises and falls, unable to understand the capital flow behind moving averages and indicators, blindly entering the market and repeatedly cutting losses, resulting in losses. Today, by combining daily and 4-hour dual-cycle charts, without ambiguous language, we will genuinely analyze the current real trend of Bitcoin, clarify the short-term bullish and bearish dividing lines, and identify safe entry points. Whether you are holding heavy positions and trapped or waiting on the sidelines to enter, after reading this article, you will be able to clarify your next steps, avoid the old habit of chasing highs and selling lows, and find a steady trading rhythm.

The daily K-line has broken below all short-term moving averages EMA15, EMA30, and EMA60, with all moving averages turning downward, forming layered resistance. The Bollinger Bands are expanding downward, and the price is steadily operating below the lower band at 68,093, indicating no obvious signs of narrowing the southward trend. The MACD indicator's DIF remains below DEA, with the green bars extending below the zero line, showing that the downward momentum still dominates. The previous support at the 72,000 oscillation platform has been completely lost, and the daily trend has shifted from oscillation to a full downward trend. The first resistance above is at 69,000-70,000 daily MA30, and the key support below is at 65,000. If broken, it will open a new round of decline.

The 4-hour chart shows all moving averages EMA15/30/60/90 arranged from top to bottom trending downward, with the price operating well below all moving averages, and short-term rebounds being suppressed and falling back. The Bollinger Bands continue to expand downward, with the price slightly oscillating above the lower band at 64,160, in a deep oversold weak bottoming phase. MACD remains below the zero line, with DIF2002 and DEA1679 continuing downward. Although the green bars have slightly shortened, there is no effective golden cross reversal signal. The short-term oversold condition on the 4-hour chart suggests a minor technical rebound is possible, but the larger downward structure remains intact, and the rebound is only seen as a correction within the downtrend, unlikely to change the overall downward trend.

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

- Support at 75,400 to 74,900, stop-loss at 64,500, target at 66,500 to 67,200.
- Resistance at 67,500 to 68,000, stop-loss at 68,500, target at 65,500 to 64,500.

Specific operations should be based on real-time market data. For more information, contact the author. The article may have publishing delays; use it for reference at your own risk. #Gate携手Alpaca链接数字资产与股票金融交易 $BTC
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