Crypto Circle Li Ying: The Truth Behind Bitcoin's Sharp Rise and Fall on 4.25! Understand these two points, and beginners will instantly become experienced traders? Latest market analysis and trading suggestions


  
  Family members! Bitcoin's current price is 77,729, now hovering around 77,950. Looking at the recent trend, it previously surged upward, reaching a high of 79,472, then oscillated around this area, without making any large moves up or down. The overall trend remains bullish, after all, it rose from 66,508, with several pullbacks along the way, but none broke the key support. Currently, it’s consolidating at a high level, as if gathering strength, to see whether it will break through further or pull back for a wave before moving on. Market sentiment is currently quite conflicted; bulls want to push higher, while bears are looking for opportunities to suppress, so the price is fluctuating within a small range.
  
  From technical indicators, the middle band of the Bollinger Bands is at 77,912, the upper band at 78,438, and the lower band at 77,386. The current price is 77,975, close to the middle band, indicating it is in the middle of a short-term oscillation zone. Regarding moving averages, MA7, MA30, and MA120, the short-term MA7 and MA30 are almost converged, with MA120 positioned lower, indicating a medium-term bullish trend but weakening short-term momentum. In the MACD indicator, DIF is below DEA, and the MACD histogram is negative, showing short-term bearish strength is dominant, but the green bars are shrinking, suggesting bearish momentum may be waning.
  
  Short-term practical trading strategies (Li Ying personally teaches, precisely aligned with the market
  
  Long strategy: 77,500-77,000, target 78,500 aiming for 79,500, stop loss 76,500
  
  Short strategy: 78,000-78,500, stop loss 79,000, target 77,500 aiming for 77,000
  
  The above analysis is based on the 2-hour chart. Cryptocurrency markets are highly volatile; technical analysis is for reference only and does not constitute investment advice. Please operate according to your own risk tolerance. #rsETH攻击事件后续进展 $BTC
BTC-0.78%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin