$BTC Crypto Analyst Academicians: After the Drop, Bitcoin (BTC) Rebounds for the First Time—Historical Data Shows You How It May Play Out Next! Latest Market Analysis and Trading Suggestions Explained

Currently, Bitcoin is at 64,100. The market moves according to what unfolds—not by guessing. If you don’t set a stop-loss, what difference is there from going in “naked,” without any protection? Yesterday, many followers came asking whether shorting southbound at 59,000 could still be held. Now, with the market hard-holding at 64,000 and absorbing a 5,000-point drop in the process, this really isn’t something ordinary people can do. I suspect that this wave of ultra-low southbound entries were all bandwagoners who jumped in after the market earlier shouted “waterfall.” With emotional trading like this—if you don’t lose, who will?

The daily K-line is rebounding starting from the prior low of 57,758, and it has just managed to stand above the EMA15/30 moving averages. This is the first stabilization signal after the downtrend. The Bollinger Bands’ middle track is at 61,947; with price standing above the middle track, the short-term trend has shifted from weak to strong. The upper band is at 65,568, the lower band at 58,325. The range is gradually narrowing, which suggests the market’s consolidation is about to pick a direction. Regarding MACD, the DIF has crossed above the DEA from below, and the red histogram keeps expanding—northbound momentum is recovering. However, the EMA60/90 moving averages above are in the 66,500–68,600 range, where resistance is heavy. The rebound has not yet broken through the downward trendline, so the overall market still remains in a post-decline repair phase, not yet entering a clear reversal trend.

On the 4-hour K-line, price has been rising steadily along the EMA15/30 moving averages, with the moving averages ordered upward (“northbound”), meaning the short-term uptrend is intact. The current price is above the 23.6% Fibonacci level at 63,882, which is a strong short-term support. As long as it does not fall below here, the rebound trend won’t be broken. The Bollinger Bands are opening upward, and price is trading near the upper band. Short-term northbound momentum is dominant, but there is also the risk of a pullback due to overbought conditions. Although the MACD red histogram has shortened, DIF is still above DEA, and northbound momentum has not fully exhausted. Downside supports are, in sequence, the EMA60/90 moving averages in the 62,176–62,180 range and the prior low at 58,030. Upside resistance is the Bollinger Bands upper band at 64,156 and the 38.2% Fibonacci level at 67,503—so the short-term rebound room is limited.

Short-term reference:

If the price does not break down from 63,000 to 62,500, go long. Set a stop-loss at 62,000, and the target is 64,500 to 65,500.

If the price does not break down from 64,500 to 65,000, go short. Set a stop-loss at 65,500, and the target is 63,500 to 62,500.

For specific execution, rely mainly on real-time order book data. For more information, you can check the author’s updates. The article is published with a delay—these suggestions are for reference only, and risks are borne by you. ‌#Strategy上周减持3588枚BTC