Sea of Coins Waves: 4.25 Cryptocurrency Market Bitcoin (BTC) Latest Market Analysis and Insights


Sea of Coins Waves: 4.25 Bitcoin (BTC)) Market Analysis and Reference:
After Bitcoin surged and then pulled back, the intraday market continues to fluctuate at high levels.
From the daily chart perspective, Bitcoin's current price is below the upper Bollinger Band, with clear resistance from the upper band.
Although the MACD indicator DIF and DEA are still above the zero line, the histogram shortens, and bullish momentum continues to weaken;
The RSI indicator remains in a neutral to slightly strong zone but has turned downward and diverged, and the KDJ indicator's three lines are converging, indicating short-term upward momentum is insufficient.
Overall, BTC is in a high-level stagnation phase after an upward move, with strong resistance above at 79,000-80,000.
In the short term, it is likely to continue oscillating at high levels with a sideways correction trend.
From the short-cycle hourly chart, Bitcoin's 4-hour level shows a weak consolidation pattern, with prices suppressed by EMA7 and EMA15 moving averages, fluctuating narrowly around 77,500.
The Bollinger Bands continue to narrow, indicating reduced market volatility;
The MACD DIF and DEA form a death cross above the zero line, with the histogram continuing to release, and bearish momentum gradually strengthening;
The RSI drops into the neutral zone, and the KDJ death cross diverges downward, showing insufficient short-term rebound momentum.
Resistance is concentrated around 78,000-78,500, with support at 76,000-76,500.
If support is broken, it is likely to further decline toward the lower Bollinger Band near 76,000.
In trading, prioritize high and low buying around key zones, strictly control risks.
Sea of Coins Waves: 4.25 Bitcoin Short-term Reference:
Long positions: buy in the 76,000-77,000 range, stop loss 500 points, target 77,500-78,500,
Short positions: sell in the 79,200-78,200 range, stop loss 500 points, target 78,000-77,000,
This content is originally shared by 【Sea of Coins Waves】, representing personal views only.
The article may have delays in delivery and is for reference only. Do not operate blindly!
Hope everyone can stick to their principles on the investment journey, regardless of market fluctuations, and stay rational and calm. #加密市场行情震荡 #美伊谈判陷入僵局 $BTC
BTC-0,3%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin