Bitcoin’s current price is 63,400. Short-term contract trading is just a game—make sure to separate it from spot holding and coin-accumulation mindset. A short-term major drop is only a normal pullback within the cycle; there’s no need to let single-day rises and falls drive your emotions. For short-term trades, strictly follow the trend and set stop-losses; for long-term trades, build positions in batches at lower levels slowly rather than going all-in at once. Market fluctuations are normal. The more you’re in a rush to get back to breakeven or to double your money, the more likely you are to execute distorted trades. Keep your mindset level; be able to endure consolidation and withstand volatility. The essence of trading is to confront your own greed and fear. Control your hands and steady your mind—only then can you stand firm in the crypto market for the long term.

The daily K-line downward trend shows no change at all. All medium- and long-term EMA lines form layered suppression. Above, 73,445 is the core heavy resistance. The price has fallen a huge distance from the prior high of 126,208. MACD remains pointed down with green bars staying at high volume; there are no signs that the downward momentum is fading. The Bollinger Bands are opening sharply downward; 59,108 on the lower band forms the only strong support. Once the prior low of 59,080 is broken, the space for further downside below will open up even more. Intraday’s slight consolidation and rebound is only a brief catch-breath after being oversold. With the EMA lines arranged downward, any rebound strength will be extremely weak. On the daily chart, there is not a single reversal-and-stabilization signal such as bearish-to-bullish divergence, EMA turning, or the appearance of a large bullish candle.

The four-hour K-line has a complete and clearly defined downtrend structure: the drop’s starting high is 82,828, and the bottom support is 59,080. In the short term, the price makes a slight rebound and probes the 0.236 resistance at 64,684. The short-term EMA lines stay pressing down on price throughout, so it’s difficult for the rebound to hold above the EMA. MACD shows a brief corrective golden cross, which is an oversold rebound buffer after a big drop—not a trend reversal. The Bollinger Bands channel is tilted downward overall; the upper band at 64,193 presses down on the price nearby, and the middle band at 68,152 is a strong overhead pressure for the medium term. The 4-hour rebound room is firmly locked in. As long as the price cannot stand above 64,700, once the correction ends, a further downtrend will inevitably resume. Never treat a small rebound as the start of a trend reversal.

Short-term trading idea reference: follow the trend of the larger cycle; keep stop-losses small and enter/exit quickly.

Move north from 59,000 to 59,500, set stop-loss at 58,500, and look for targets at 61,000 to 62,000.

Move south from 64,500 to 65,000, set stop-loss at 65,500, and look for targets at 61,500 to 60,000.

Specific execution should be based on the live order book data. For more information, please refer to the author’s updates. There may be publication delays; this is for reference only—risk is borne by you alone. ‌#成长值抽奖赢金条

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