$BTC Crypto Academician: BTC daily momentum is fading at 7.25; is a reversal hidden in the 4-hour chart the early chance? Latest market analysis and trading strategy suggestions, explained


  
  Right now, Bitcoin is at 64,100. Before this post, a fellow trader told me that trading a ranging, choppy market is hard. Actually, it’s not that the market is bad—it’s that you’re trying to catch every leg of the volatility. Instead of letting short-term fluctuations lead you around, it’s better to wait patiently for a clear signal. Act only when it breaks out or breaks down a key level—you’ll end up losing far less unnecessary money. The essence of trading crypto isn’t who opens more positions; it’s who can stay in the game longer. Having a properly set stop-loss matters more than anything. After we positioned below 60k, we’ve almost had no extra moves—we’re trading time for space.
  
  From the daily (K) chart: BTC’s current price is 64,100. It’s currently making a weak rebound above the Fibonacci 100% (58,030). The key resistance overhead is around 72,620. The EMA moving-average set is arranged bearish, and the price is still being suppressed by EMA15 and EMA30, with no effective breakout formed yet. The MACD indicator’s red histogram bars continue to shorten; although DIF and DEA are still above the zero axis, the momentum has clearly weakened, indicating that bullish power is insufficient. The Bollinger Bands’ midline is tilting downward, and price is trading below the midline. Support near the lower band is around 62,100. The short-term rebound is likely to face pressure; overall, it’s still in a ranging phase of repair after a downtrend, with no clear reversal signal yet.
  
  In the 4-hour cycle: BTC’s current price is 64,100, and it is in a narrow range consolidation around the Fibonacci 23.6% (63,882). This spot is also tightly stuck with key moving averages like EMA15, EMA30, and EMA60, forming strong short-term support. The Bollinger Bands’ opening continues to narrow; price repeatedly tests near the midline, showing that bulls and bears are locked in fierce competition. The MACD green histogram bars have started to shorten slightly; there are signs that DIF is turning upward toward DEA, and short-term bearish momentum is easing. Resistance near the upper Bollinger band is around 66,950, and support near the lower band is around 64,150. It’s still in a converging triangle consolidation range, waiting for a directional choice. The short-term bias is slightly bullish, but momentum is limited.
  
  Short-term reference:
  
  As long as Northbound doesn’t break below 64,000 to 63,500, stop-loss at 63,000, targets 65,500 to 66,500
  
  As long as Southbound doesn’t break below 67,000 to 67,500, stop-loss at 68,000, targets 65,500 to 64,500
  
  For specific execution, rely mainly on the real-time order book data. For more information, you can consult the author. Please note the article’s publication may be delayed—this is for reference only; risk is yours to bear ‌#Gate事件合约首发狂欢
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