Crypto Circle Li Ying: The shakeout near the end of the April 21st oscillation, Bitcoin's second bull market wave is about to start! Latest market analysis and trading suggestions



Family members! The current price of Bitcoin is 75,438, which is in a critical oscillation central zone. From the 4-hour K-line structure, the price has found initial support near the middle band of the Bollinger Bands at 75,084, but is slightly suppressed by the MA30 moving average at 75,407. Overall, it is operating within a narrowing channel from the lower Bollinger Band at 73,997 to the upper band at 76,172. The three Bollinger Bands are moving horizontally in sync with narrowing bandwidth, indicating that market volatility has dropped to a low stage, foreshadowing an imminent major directional decision. The moving average system shows a complex arrangement: MA7 and MA30 are intertwined, while MA120 remains steadily upward, suggesting that the medium- to long-term bullish trend remains intact, but in the short term, a balance between bulls and bears has formed. The current 75,000-75,500 zone has become the core area of contention between buyers and sellers.

From the MACD indicator perspective, DIF and DEA are still below the zero axis, but the MACD histogram has turned red and is expanding, forming a classic underwater golden cross pattern, hinting that bearish momentum is waning while bullish strength is quietly accumulating. However, the golden cross is in a deep position, requiring a strong upward price movement to confirm its validity. Combining with candlestick patterns, recent attempts to rise and fall within the 75,300-75,700 range show clear selling pressure above. Trading volume has not significantly increased, and market sentiment remains cautious. If the price can break through the MA30 and the 75,500 resistance level with volume, it may test the upper Bollinger Band at 76,172. Conversely, if it loses the 75,000 middle band support, it could retrace downward to seek support around 74,500-74,200.

Short-term trading strategies (Li Ying’s precise market targeting)

Long strategy: 74,500-75,000, target 76,200 aiming for 76,800, stop loss 74,000

Short strategy: 76,000-76,500, stop loss 77,000, target 75,000 aiming for 74,000

Li Ying’s message: The crypto world is not short of opportunities; what’s missing is the eyes to see through the essence and the hands to execute strictly. Stay calm, and you will smile last!

Risk warning: The above analysis by Li Ying is based on real-time market data and is for reference only. It does not constitute investment advice. Trading risks are borne by the individual. $BTC #加密市场小幅下跌
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