Crypto Circle Academician: April 24 today, Bitcoin is not guessing up or down—it only looks at the structure! Repeated tug-of-war at high levels, precision entry points intraday—just copy and do it!



Market always emphasizes going with the trend. Bitcoin’s current price is 76,950, and the market has entered a short-term consolidation and ranging phase. The major trend and short-term price action show divergence. Many people only look at single-period rises and falls, ignoring changes in cycle structure, which leads to frequent trading errors. If you want long-term and stable profitability, you need to learn to make comprehensive judgments by combining different timeframes. Today, we deeply combine the big direction on the daily chart and the intraday rhythm on the four-hour chart, objectively analyze the current strength of the bulls-bears game, and provide reasonable entry positions as well as defensive stop-loss levels. Take a rational view of market fluctuations—don’t bet on a one-way move, and don’t play with heavy position sizes. Rely on a steady mindset to stand in the market for the long term.

The daily K-line is in a consolidation center after a rebound from a low level. The moving average system arranged “northward” has not been broken. The price is above the EMA15, EMA30, and EMA60 moving averages, showing that the daily-level trend is still biased to the upside. The MACD indicator’s DIF is above DEA, the red histogram continues expanding, and the “northward” momentum is still ongoing. The Bollinger Bands’ middle band at 73,422 forms strong support, while the upper band at 79,258 is the key resistance. The current price is above the Bollinger middle band; the rebound trend has not been broken. Overall, the market is mainly consolidating with a mild bullish bias.

The four-hour K-line broke below the EMA15 short-term moving average. The MACD indicator formed a death cross, and the green histogram has started to expand—short-term pullback needs are beginning to show. The Bollinger Bands’ opening is narrowing; after the price retested the middle band at 77,073, it met pressure and pulled back. It is currently running below the Bollinger middle band, with the upper band pressure at 79,469 and the lower band support at 74,677. The trading range is narrowing further. A top divergence signal on the four-hour timeframe is starting to appear, and there is a risk of a short-term pullback. But the larger trend has not turned bearish. This is a technical correction during an uptrend—especially after you enter a short (“go south”), your stop-loss must be close, not too far.

Short-term idea reference: Follow the large timeframe trend—small stop-loss, fast in and fast out.

Go north (long) from 75,500 to 76,000: stop-loss at 74,800. Targets: 78,500 to 81,000.

Go south (short) into resistance at 77,800 to 78,200: stop-loss at 78,800. Targets: 76,000 to 75,000.

Making money in the crypto market doesn’t rely on frequent trading—it relies on patience and rules. This kind of market is exactly when you need to grind it out. There’s no need to watch the chart every day. Keep your stop-loss and position size under control, and wait for opportunities before acting. Earning money the way you can understand is better than anything. $BTC #比特币反弹
BTC-0,68%
View Original
post-image
post-image
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