Dexin Community 😍2024.4.25

Market Trend Analysis😍

1. After the 2-hour K-line period MACD high formed a rootless water pattern yesterday, the price of Bitcoin has been adjusted all the way. The MACD fast and slow lines have crossed the 0 axis. The 4-hour MACD has the need to further return to the 0 axis, and the price is expected to weaken further;

2. As mentioned in yesterday's market trend analysis, after the closing price of BTC daily level fell below the Bollinger middle rail yesterday, the price adjusted back to around 63435; currently there is a big negative line, and the MACD indicator has formed an air leak pattern below the 0 axis. The price will further adjust to around 59600-61235 in the later period. At that time, the double bottom pattern can be used to make a small position. The upper pressure is around the Bollinger middle rail 66360. It is recommended that you watch more and do less at present, and enter the market with the right-side position building rule after the 4-hour cycle stabilizes;

With the short-term price correction of Bitcoin trend, various altcoins also follow the linkage effect. Are you adding positions at important support levels? Or should we reduce our positions when the pressure level is pulled back? Please manage your positions well. Welcome to leave comments and discuss in the comment area... Let's make progress together!

Dexin Community ~ Mr. Jin Jun

#BTCUSDT