Midnight Reflection:



It's Thursday again, time flies. Have you been putting in effort this week?

From a macro news perspective, the situation in peripheral regions directly or indirectly influences the crypto market volatility. Meanwhile, the Federal Reserve's ongoing interest rate cuts throughout the market are also noteworthy. Additionally, the old conspiracy and schemes of the market manipulators are worth paying attention to. News and data releases are also relying on real-time linear analysis as a foundation.

Returning to the crypto market data, so far, from the monthly K-line, the current bearish momentum shows two consecutive bullish candles. Support levels below include MACD gradually crossing below zero, with key support around 66,100 and 60,000. On the weekly K-line, the structure is downward trending, with decreasing volume and a gradually weakening curve. Currently, there are two consecutive bullish candles, with resistance around 76,000-78,000 and support around 675-620. The daily structure shows bullish momentum forming, touching the upper band with some resistance, and the market fluctuates within a wide range of 625-750. In the short term, the four-hour chart shows a double top with resistance, the curve gradually trending upward, with a shadow on the upper wick of the candle. It currently shows a bullish candle, and the hourly Bollinger Bands are narrowing and converging.

In terms of trading, focus on macro news and data-driven market fluctuations. Consider partial positions around 72,500-75,000, with secondary support near 78,000. Look below at 68,500-65,500. Daily fluctuation strategies are published regularly.

Finally, the consistent principle remains: regardless of market size, risk management comes first. Survive first, then talk about profits. Only then can profits be sustainable.

#Gate广场四月发帖挑战 #加密市场回升 #黄金白银走高
ETH4.56%
BTC3.46%
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