4.7 Trump brings down the cryptocurrency market, Bitcoin performs a high dive, where is the upward potential? Latest market analysis reference from cryptocurrency experts.

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1 day ago

The essence of trading is survival, and only then comes profit. Therefore, before each operation, think carefully about whether your actions are reasonable and whether your capital is safe. You need to develop a trading mindset that belongs to you, continuously optimizing and improving it. Although the suggestions from the cryptocurrency community may not make you rich overnight, they can help you survive in the long term. Only those who can persist in the cryptocurrency space and survive until the end can achieve the results they desire. I hope you understand.

I am a warrior in the cryptocurrency community, always protecting the retail investors. I wish my followers financial freedom by 2025. Let's work hard together!

Cryptocurrency Community Expert: April 7, 2025 Bitcoin (BTC) Latest Market Analysis

The current price of Bitcoin is 80,000. It is now 3 AM Beijing time. Everyone has seen the previous article, where we tested the waters at 88,000, took profits at 83,000, and then re-entered at 84,000. The practical details have been updated before publication, and you can consult me for reference. Currently, we have taken some profits at the 80,000 level and are continuing to follow the main force in a downward trend. Some fans asked why we didn't add positions after breaking below 80,000. My answer is simple: first consider survival, then consider profit. As professional traders, our first thought is about stop-loss, survival, and risk; only retail investors think about making more money.

The daily K-line has just completed a cup with a handle, and now we have another small cup with a handle trend. The N shape transition is already very obvious. The next step is to see if the previous low this year can be broken. Therefore, the support point is referenced at 76,500. We will not consider going long before breaking this level. The daily K-line reached a high of 83,800 and a low of 78,635, showing a clear bearish trend, moving in a one-sided downward market. What we need to do is to follow the trend. If you haven't entered yet, there is no need to jump in now. For those who have entered, take profits in batches. Don't think about cashing out at the lowest point; taking profits at the pullback point is already very good. The lower support at 80,100 has been lost, and the middle track pressure at 84,200 has shifted down. If the market goes down further, it will enter the oversold zone. Pay attention to the lowest point of the year.

The four-hour fast line has broken the key support at 81,000 and has plunged to 79,000, resulting in a sharp drop. The MACD shows an increase in bearish momentum, with the DIF and DEA forming a dead cross. The Bollinger Bands are opening downwards, and the K-line has broken below the lower track at 80,700. The market has entered an extremely oversold zone but has not yet reached an extreme, leaving room for further downward movement. The main idea is bearish. As before, in a sharp drop, if you haven't entered yet, focus on preserving your current holdings and surviving first. Control your greedy desires. For those who have entered, just hold on patiently.

Short-term strategy reference: The market is never 100% certain, so always set stop-losses. Safety first; small losses and big gains are the goal.

For upward testing, the entry point is 77,000 to 76,500, with a defense at 76,000 and a stop-loss of 500 points. The target is 78,000 to 79,000, and if broken, look at 80,000 to 81,000.

For downward testing, the entry point is 81,000 to 82,000, with a defense at 82,500 and a stop-loss of 500 points. The target is 80,500 to 80,000, and if broken, look at 79,500 to 79,000.

Specific operations should be based on real-time market data. For more information, you can consult me. There may be delays in article publication, so the suggestions are for reference only, and risks are borne by you.

This article is exclusively contributed by the Cryptocurrency Community Expert and represents the expert's unique views. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above views and suggestions may not be real-time and are for reference only. Risks are borne by you. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The expert also hopes that all investors understand that the market is always right. If you are wrong, you should reflect on where the problem lies. Don't let the profits that should be yours slip away. There is no need to be smarter than the market. When a trend comes, respond to it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success comes from today's choices. Hard work is rewarded, integrity is valued, and excellence is pursued. Gains and losses often happen unexpectedly. Develop the habit of strictly setting stop-losses and take-profits for each trade. The Cryptocurrency Community Expert wishes you happy investing!

Warm reminder: The above content is solely created by the author of the public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. Thank you for reading.

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