Coin Circle Academician: 6.25 Bitcoin (BTC) Where is the True Stabilization Signal? Latest Market Analysis

Bitcoin is currently at 59,800. This drop has stunned the market! From over 60k straight down to 59,800, who wouldn't be panicked by this decline? Many people just bottom-fished and got trapped. Long positions are being crushed directly, while shorts are also afraid of falling into a rebound trap. Now the entire crypto circle is asking: Where exactly is the bottom? Don't panic! Today, I'll take the solid data from the daily K-line and 4-hour dual cycles to fully analyze the current support, resistance, bullish, and bearish signals. No empty talk, only actionable steps. After reading this, you'll know how to respond next!

The daily K-line has directly broken through the previous low support, and is now sitting right above the Fibonacci 100% extension level at 59,080. The current price has broken below all EMA moving average systems. The 15-day, 30-day, and 60-day moving averages are all arranged in a bearish alignment, with extremely strong overhead resistance. The MACD green bars continue to expand, and DIF and DEA have crossed below the zero line and continue to decline, indicating that bearish momentum is still being released. The Bollinger Bands are expanding, and the price has broken below the lower band. There is a short-term oversold condition but no clear stabilization signal, and the overall trend is completely bearish.

The 4-hour K-line has again broken below the previous consolidation range. The current level around 59,800 is already a recent low, with the lower Bollinger Band near 59,537 providing weak support. The moving average system shows a typical bearish alignment, with EMA15, 30, and 60 all turning downward. The price rebounds to near EMA15 and then meets resistance and falls back, forming a clear resistance level. The MACD bearish dominance pattern remains unchanged. The Fibonacci 0.0% support level at 59,080 is a key defense line. If it breaks, the downside space will fully open up. Short-term rebounds are only considered weak corrections.

Short-term reference: The market is never 100% certain, so always set a stop loss. Safety first, small losses for big gains is the goal.

Below 59,000 to 58,500, if not broken, go north, stop loss at 58,000, target 60,000 to 61,000.

Above 61,500 to 62,000, if not broken, go south, stop loss at 62,500, target 60,500 to 59,500.

Specific operations should be based on real-time order book data. For more information, you can consult the author. The article is published with a delay. Suggestions are for reference only. Risk is your own. $BTC ‌#苏格兰VS巴西