$BTC Crypto Circle Academician: Bitcoin’s mid-term trend is downward by 4.4; short-term choppy consolidation is grinding out the base—key levels where bulls and bears will fight! Latest market analysis and ideas for reference

Bitcoin’s current price is 66800. When trading in the crypto circle, you really have to be able to endure loneliness and hold up through volatility. Bitcoin’s sideways range during this period is draining everyone’s patience. Many people can’t hold on, and end up chasing pumps and selling off—only to have the market harvest them in the end. Actually, true pros always wait for opportunities amid the chop and hold through trends, not constantly trading frequently every day. Remember: trading is a marathon, not a 100-meter sprint. Surviving matters more than anything. Don’t let momentary gains and losses affect your mindset. Make a plan, execute the plan—that’s the way to go.

In the daily K-line, the highest is 67350, the lowest is 66240, and the closing price is 66840. The session is down slightly by 0.04%, with an amplitude of 1.66%. The moving average system is fully arranged pointing south: MA20 at 69336, MA30 at 69327, and MA60 at 68781 are all sloping downward. The price is clearly under pressure, and the medium-term downtrend has not changed. The MACD indicator’s green histogram keeps extending; the southbound momentum is still being released, though the strength has slowed somewhat. The Bollinger Bands are opening downward; price is trading above the lower band. Pressure at the mid-band is 74416; support at the lower band is 64255. Overall, the market is in a weak sideways-to-oscillating state, and there has not yet been a clear reversal signal.

The 4-hour moving average system is sticking together while heading downward. The price is trading below MA20, MA30, and MA60, and short-term rebounds are capped by moving-average resistance. The MACD green histogram is continuing to shorten; bearish momentum is gradually weakening, with signs of stabilization. The Bollinger Bands are running with a narrowing shape; price is oscillating near the mid-band. Upper band resistance is 69018, and lower band support is 65753. In the short term, it is entering a period of sideways consolidation and range-bound preparation; north–south forces are balanced, waiting for a breakout direction. With Qingming Festival coming up, it’s recommended that everyone reduce positions to get through the holiday.

Short-term idea for reference: follow the trend of the big cycle; keep stops small, and move in and out quickly.

From 65500 to 65000 goes north; stop loss at 64200. Targets: break up to 67000 to 68000; if it breaks, look at 70000.

From 68500 to 68000 goes south; stop loss at 69300. Targets: break down to 66000 to 65500; if it breaks, look at 65000.

The crypto circle has always been like this: those who are early get the meat; those who are late get the soup; and those who don’t notice end up as the bag-holder.

Any specific actions should be based on real-time order book data. For more information, refer to the author’s posts. There may be a delay in the article publication—this is for reference only. Risk is yours to bear. ‌#加密市场行情震荡