$BTC Crypto “academician”: The 7.18 BTC long/short line-of-demarcation has appeared—will profit and loss be decided by one thought alone? Latest market analysis and trading operation recommendations explained


  
  Currently Bitcoin is at 63,500. BTC is ranging and consolidating around the 63,500 zone, with no big move—just small, fragmented washout fluctuations. In fact, if you’ve been trading in the crypto market for long enough, you know this kind of “not up, not down” market is the easiest to lose money. It’s not that you can’t read the chart—it’s that you can’t control your own hands. You always feel that missing a second means you’ll be left behind; a small bounce makes you chase long, and a small pullback makes you chase short, and in the end you get harvested back and forth by the market. The market will never disappoint patience—it only punishes frequent trading
  
  The daily K-line is currently below EMA15 and EMA30, facing pressure from the short-term moving-average zone of 63,939–63,639. The strong overhead resistance is around 72,620 at the 78.6% Fibonacci level. The downside support is near 58,030. The MACD indicator shows that after the DIF and DEA golden cross, the red histogram has started to weaken, and there are signs that the upward momentum from the market is becoming soft; the Bollinger middle band is trending downward, and price is running in a weak state below the middle band. The Bollinger upper band is 66,138 and the lower band is 59,164. Overall, it remains a weak consolidation pattern after convergence, and there is no clear trend-breaking signal yet
  
  The four-hour K-line is below EMA15 and EMA30, with short-term moving averages forming suppression. EMA60, EMA90, and EMA120 form a support band below. The MACD indicator shows the DIF-DEA divergence opening downward; the green histogram keeps releasing, and short-term downside momentum has the advantage. The Bollinger middle band is 64,282, the upper band is 65,601, and the lower band is 62,963. After price breaks below the middle band, it is in weak consolidation; the 23.6% Fibonacci level becomes the short-term strong resistance, while 0.0% is the ultimate downside support. The trading range is gradually narrowing, awaiting a decision on direction
  
  Short-term reference:
  
  If the area of 63,100 to 62,700 is not broken to the downside, go long. Stop loss at 62,200. Targets at 64,500 to 65,500
  
  If the area of 65,000 to 65,500 is not broken to the upside, go short. Stop loss at 66,000. Targets at 64,000 to 63,000
  
  Specific trading decisions should follow real-time order book data. More information—please refer to the author’s updates. This article has a publishing delay; the suggestions are for reference only. Risk is yours to bear ‌#GateDEX全面接入RobinhoodChain
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