2024.4.7 Coin Circle Academician Analyzes the Latest BTC Market: Mainly Low and Long, Short-term Bullish Trend Remains Unchanged
Bitcoin arrived at the predetermined point at 7 o'clock in the morning. Congratulations to everyone for following and eating meat. After 7 o'clock in the morning, the news was 999+. There is really no way it will be too much. The students who are in the real warehouse should be the main ones. I will update my articles as soon as possible. I have reminded everyone for several consecutive days that the main low and long positions are mainly (the risk of high-level short positions is greater than the return of waiting and watching). Yesterday's title was eye-catching enough. It is possible to open long positions at any time after standing firm at 68,000. It is a foregone conclusion to hit the 70,000 integer mark. We are on 66,600 and have set up a part of the profit at 69,200 and continue to look up. It is temporarily 2,600 points high. Can we go short? (The main force cannot go back and forth at 70,000, the market will not always go up unilaterally, nor will it be unilaterally short as expected by everyone) The probability of consolidation is the greatest
Let's look at today's market. As of press time, the current price of Bitcoin is around 69,400. The daily K-line has a top divergence and stands above the trend indicator EMA. The bottom standing point is raised to 68,500. The KDJ upward golden cross formation begins to spread (many have not yet completed, just formed) MACD and K-line form a top divergence trend, shrinking and thickening and starting to rise, DIF and DEA close at a high level (expected to hit the 70,000 mark again) The Bollinger Bands slightly rise, the K-line stands on the middle track 67,800 and then stretches, and the upper track space comes to 73,000 (it will not reach in the short term, but you have to pay attention to this mark)
The four-hour K-line can see that the EMA ultra-short trend begins to show bullish energy indicators, which alternately spread upward to provide support points for the K-line, which means that the bulls have just begun to exert their strength (in the short term, there is a good space to catch a wave of trends), and the K-line has reached the upper rail pressure level of 69,600 of the Bollinger Bands. Nearby, (indicates that there is resistance above and the trend may continue to stretch after the correction) the lower middle rail support point of 67500 can be temporarily ignored, the layout point is above 68000 that I mentioned yesterday, MACD increased in volume, DIF and DEA ended the polarization, DEA just passed the 0 axis, the trend has not yet completed a wave, short-term long continues, KDJ is still spreading upward, the upper space has not yet completed, the temporary idea is still long,
Operation idea reference: the first entry point for long positions: 68500, the second entry point Point 68000, stop loss 67500 (specifically 68000 mark is 500 points lower to prevent the main force from inserting needles to wash the market), no short entry point is provided temporarily because the current bulls are strong, the risk of shorting is greater than the return, it is better to follow the trend, the first exit point for longs is 69800, the second exit point is 70500, pay attention to the vacuum zone above (changes in the range of 70500 and 71300). 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 owner.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 and are for reference only. Risks are borne by yourself. Please indicate the source for reprinting. 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 and follow it; when there is no trend, observe 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!
