4.23 Bitcoin Public Thinking


Moving Averages: The current price is below all moving averages, indicating a clear short-term bearish trend, with heavy resistance above.
​MACD: DIF is below DEA, green bars are continuous, and bearish momentum is still being released.
​RSI: 15-minute RSI is around 33, approaching the oversold zone, with a slight possibility of a rebound correction, but the trend has not reversed.
Key Levels
Resistance above: 78500 → 79000 → 79400
Support below: 77500 (intraday low) → 77000
Trading Suggestions
Long Strategy
Entry Conditions: Rebound to the 77500-77600 range, wait for a sign of stabilization before entering
​First target 78200, second target 78500
Short Strategy
Entry Conditions: Rebound to the 78500-78700 range, enter after rejection with a bearish close
​Take profit: First target 77800, second target 77300 (break below can look at 77000)
Summary
Trade with the trend, do not fight the market, set proper stop-losses, exit at targets, avoid greed for more or full positions.
#Gate13周年现场直击 #美伊二轮谈判进展 $BTC $GT
#WCTC交易赛瓜分800万USDT
BTC-0.13%
GT0.33%
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