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Coin Circle Academician: 2024.4.5 Bitcoin (BTC) latest market analysis reference
Is this wave of Bitcoin market exactly the same as predicted? I gave the specific points in yesterday's article. Why didn't I provide a short idea? Because the market is likely to go one-way, 64500 directly broke through 680000, with a space of several thousand points along the way, and the highest reached 69500. The specific pullback line of 69700 was 200 points away and then began to fall, indicating that the main force's upward momentum is insufficient, and it will continue to stretch after a correction. The overall balance point of the weekly line is near 67500, and the upper pressure is near the 39000 mark.
Let's look at today's market. As of press time, the current price of Bitcoin is around 67550. Yesterday, the K-line stretched and broke the EMA trend indicator and went higher. After opening today, it fell from the high point into the EMA trend indicator. In the short term, it may touch the lower support point of 6650 again, which is just at the EMA30 standing position of the trend indicator. The Bollinger Band trend can be seen to be slightly rising. The K-line supports the 67750 middle track line. MACD has obviously reduced its volume and increased its funds. The DIF and DEA have a downward diffusion trend from high levels. (The long and short positions are uncertain, and they are temporarily above the 0 axis, indicating that the support below is very strong.) KDJ closes upward (indicating that the main force will close above the EMA trend at around 68000)
The 4-hour ultra-short trend EMA begins to close. Will the main force take the opportunity to stretch after stabilizing at 68,000 (the probability is very high). The Bollinger Band closes the K-line pressure at 68,500 and the support is 66,500. So we can be sure that the defense below 66,500 is the MACD volume, the DIF and DEA are at a low level and hit the 0 axis upward. The KDJ closes, and the overall trend falls again. The idea is indeed to focus on low and long positions.
The specific idea is to refer to low and long. The first entry point below is 66000, the second entry point is 65500, and the stop loss point for long is 65000 integer mark (the stop loss is slightly lower than the trend turning point 65500 to prevent being swept). Steady operation is mainly based on callbacks. Non-professionals are not recommended to chase shorts now. Remember to develop a habit of setting a stop loss to prevent being swept and missing the opportunity to remedy the situation. The specific operation is based on real-time data of the market. For more information and details, please contact the author. There is a delay in the release of the article. The suggestion is for reference only and the risk is borne by the user.
Academician of the currency circle: 2024.4.5 Ethereum (ETH) latest market analysis and reference suggestions
On April 1st, I reminded everyone not to chase the long position in Ethereum. The main short position should be below 3500. After the profit is made, I also said that the callback should continue to be short, and the 3300 integer mark should be looked at. Then the market landed at 3200. On April 3rd, I reminded everyone that the main force would stabilize at 3200 and the long position would be opened. Just follow the trend and go long. On April 4th, I reminded everyone in the article that the callback to 3250 should continue to be long, and the market would turn around and go for a unilateral upward trend. I also gave specific points, and the targets were 3350 and 3440. There is a space of 200 points above. As long as we follow the idea of continuing to go long on the callback as I said, this wave of market is not small, and there is enough space for everyone to take advantage of it (for specific details, you can refer to the content of my historical articles)
Let's look at today's market. Ethereum was at 3269 before press time, and it is near the support point of 3250 that I mentioned. (It is very good for bulls to start to lay out profit space. As mentioned earlier, the callback continues to be long.) Because the intersection of the three major trend indicators above the daily K-line is near 3430, the K-line is expected to hit this position again. At present, the daily K-line has stood below the trend indicator EMA60 (3270) for four consecutive days. After the Bollinger Bands closed, the K-line support point moved down, and the pressure level also moved down to around 3450. In addition, after MACD shrunk and went down, DIF and DEA were above the 0 axis and below the 0 axis, forming a polarization (indicating that the main force will have a wave of swinging market with a large range of ups and downs). This situation will only end after DEA completely enters below the 0 axis. KDJ spreads downward and has been accelerating. The K-line does not (indicating that the pressure below is very strong, and the main force may stand firm and then stretch).
The emotional fluctuations of the main force of the four-hour ultra-short trend are more obvious, especially when the EMA trend indicator has ended its alternating downward diffusion (the support range is in the 3250-3200 range), the Bollinger Bands close the small mouth K line near the middle track 3310, and the lower track support is raised to 3250 (this kind of closing main force is likely to have a wave of washing, as for the direction of washing is still to be determined), MACD goes down in large volume, DIF and DEA spread below the 0 axis, and KDJ dives down (it is expected that the main force will wash the market at a low level to temper the mentality)
Specific operation ideas for reference: The first entry point is around 3250, the second entry point is around 3200, and the stop loss is 3150. (The short position is unstable and non-professionals are not recommended to chase the short position). The ideas and points for short positions are not provided for the time being. The focus is on callbacks. The first pressure point is 3350, and the second pressure point is 3430. The specific operation is based on the real-time data of the market. For more information and details, please contact the author. There is a delay in the release of the article. The suggestion is for reference only and the risk is borne by the user.
This article is exclusively contributed by the academician of the currency circle, and only represents the exclusive views of the academician. There are in-depth studies on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the time of article push, the above views and suggestions are not real-time, for reference only, at your own risk, please indicate the source for reprinting, and reasonably control the position when making orders, and do not operate with heavy or full positions. The academician also hopes that all investors understand that the market is always right. If you are wrong, you should summarize your own problems and don't let the profits that should have been obtained fly away. There is no need to be smarter than the market in investment. When the trend comes, respond to it and follow it; when there is no trend, observe it and stay calm. It is not too late to wait for the trend to finally become clear before taking action. Tomorrow's success comes from today's choice. God rewards diligence, earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards heart. Gains and losses are inadvertent. Develop the habit of strictly taking stop loss and stop profit for each order. The academician of the currency circle wishes you a happy investment!
