Cryptocurrency Circle Academician: 4.2 Bitcoin has completely reversed! From a sharp drop to a rebound, the bulls are in control, do not chase highs when entering, latest market analysis and thought reference.

Bitcoin is currently priced at 68,200; the biggest taboo in trading is thinking too much; always follow the market. This rebound in Bitcoin is not driven by emotion; it is driven by substantial capital. With the daily trend established, do not easily go against the trend to short. Many people always think about bottom fishing and topping out, but end up unhappy on both ends. It is better to follow the trend, hold your position, and use small quantities for swing trading to slowly accumulate profits. Remember, the cryptocurrency circle is a long race, not a 100-meter sprint; surviving allows you to earn money.

The daily K-line peaked at 69,288 and dipped to 67,534. The moving average system shows a northern arrangement, with the price steadily rising on the MA20 moving average, establishing a mid-term rebound trend. The MACD indicator's green bars are continually narrowing, with DIF and DEA gradually converging, and a golden cross is about to form, with northward momentum continuously being released; the Bollinger Bands are opening upward, with prices operating between the upper and middle bands, showing a strong pattern. Therefore, the daily level rebound structure is complete, and the mid-term bullish logic remains unchanged.

On the four-hour K-line, it is evident that the moving average system is in a northern arrangement, with prices continuously climbing along the moving averages, showing a strong short-term trend. The MACD indicator's red bars are continually expanding, with DIF and DEA moving upward, indicating sufficient northward momentum; the Bollinger Bands are opening upward, with prices near the upper band, in the overbought range, indicating a need for a technical correction. The Fibonacci 0.236 level at 75,472 is key resistance, while the lower MA20 moving average at 67,448 is strong support. The four-hour level is dominated by northward movement, short-term oscillation upward, corrections provide buying opportunities.

Short-term thought reference: Follow the long-term trend, with small stop-losses for quick entry and exit.

For downward movement, 66,800 to 67,300 northward, stop-loss at 66,000, target at 68,000 to 69,000, breaking above 70,000.

For upward movement, 69,300 to 69,800 downward, stop-loss at 70,300, target at 68,000 to 67,000.

In the cryptocurrency circle, those who are proactive eat meat, those who are late drink soup, and those who are unaware pick up the tab.

Specific operations are based on real-time market data; for more information, you can consult the author. The publication of articles has delays; advisory only for reference, risks are borne by the user.

Warm reminder: The above content is solely created by the author, and advertisements at the end of the article and in the comment section are not related to the author. Please discern carefully. Thank you for reading.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。