Crypto Circle Mr. Coin: 4.25 Bitcoin (BTC) Market Analysis Reference)


The current price is around 77,522.

On the daily chart level, the overall big trend is still bullish and has not gone bad at all.
The upward channel that has been pulled up from 64,000 is standing firm steadily.
However, now at the high level, the KDJ has already come to a turning point and is turning down.
RSI momentum is also slowing down.
On the daily timeframe, in the short term there is a need for profit taking and a technical pullback.

On the 4-hour chart, it’s very obvious:
After hitting the high of 79,444, a MACD death cross has already formed, and the green bars have continued expanding in volume.
In the short term, bullish momentum has weakened somewhat.
We have officially entered a high-level pullback and consolidation phase, and the suppression on any rebound is very strong.

Right now, the short-term situation is weak and moving downward.
The Bollinger Bands are under pressure from the downside along the way.
All indicators are weakening.
Although there are signs that oversold conditions in the short term may produce a small rebound for a bit of repair, remember:
this kind of rebound is very likely only an opportunity for a second short—it's not a reversal!

The medium-term has started to pull back, and overall the short-term remains weak.
The first resistance overhead is 78,500;
above 79,000, rebound pressure means price will move south.
Short-term support below is 76,500.
The strongest bullish lifeline is at 75,000–75,300.
As long as this zone does not effectively break down, the pullback will be a great opportunity for our midline batch buying and for continuing to look for a breakout above the previous high!

High-level market conditions have large fluctuations—be sure to strictly control your position size.
Follow Mr. Coin; I’ll take you through real-time analysis of the market.

4.25 Bitcoin short-term reference:
The range is 78,300–79,300; keep an eye on 79,800 as defense.
Stop loss: 500 points.
Targets are below 75,500, in the 74,800–75,800 range;
Target above 76,500;
Stop loss: 500 points.

Sending may be delayed.
Strategy suggestions are for reference only.
The market changes in an instant—no matter how high your confidence is in your judgment of the market, make sure your take profit and stop loss are set properly.
Take profits when you can.
#WCTC交易王PK #加密市场行情震荡 #rsETH攻击事件后续进展 #美伊谈判陷入僵局 $BTC $GT $ETH
BTC-0,67%
GT-0,69%
ETH-0,54%
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