Crypto Circle Academician: The trend of 3.8 Bitcoin is hidden in panic. How would you choose? Latest market analysis and strategic reference

　　Bitcoin current price is 67,500. It is now 3 a.m. Beijing time. If the market drops below 67,000, it will indeed enter a short-term bear trend. There is a high probability of retesting the previous low at the bottom. The short-term cycle has clear support. Whether to deploy or not, it’s okay to try and make mistakes. The essence of trading is trial and error. After entering the market, set stop-losses according to system requirements to protect capital, move stop-losses, and cut losses if wrong. Hold if right. Repeated deliberate training will reveal probabilities and results. Don’t just pursue a high win rate; remember your original intention and do what needs to be done at pressure levels.
　　Before the daily K-line report, the highest was 68,500 and the lowest was 67,400. The market has been almost stagnant, and there is no volume support on the order book. The EMA15 line is in a dense area and also a short-term resistance at 68,500. MACD volume has been decreasing continuously. DIF and DEA are contracting below zero and are blocked. The K-line has been moving sideways around 67,600 within the Bollinger Bands. Overall, the trend is relatively weak.
　　The four-hour K-line has dropped from 74,000 down to 68,000, a 6,000-point decline. The EMA trend indicator, which alternates and expands upward, has been pulled back and contracted to around 69,000. MACD reduction has decreased. DIF and DEA form a short circuit at zero, creating two polarities. The Bollinger Bands’ central resistance is at the 70,000 level. The lower band has come down to 66,000. The short-term market has been oscillating at the extreme oversold edge. The main force may be in a blank state or likely to induce a trap. Therefore, it’s necessary to try and buy north of 68,000, with the same strategy as yesterday.
　　Short-term strategic reference: Since the market is never 100% certain, always set stop-losses for safety first. Small losses, big gains are the goal.
　　Buy north of 68,000 to 67,500, with defense at 67,000, a 400-point stop-loss, and targets at 71,000 to 72,000. Breakout targets are 73,000 to 74,000.
　　Sell south of 73,000 to 73,500, with defense at 74,000, a 400-point stop-loss, and targets at 72,000 to 71,000. Breakout targets are 70,000 to 69,000.
　　Specific operations depend on real-time market data. For more information, consult the author. Articles may have delays. Please consider the risks before acting.