Strength does not need to be overly demonstrated, the key is to gain more recognition from others. On the investment path, it is more important to do well on your own than to prove your strength to others. Whether it's a mule or a horse, you'll know once you take it for a walk.

As a senior figure in the cryptocurrency circle, I have always been committed to providing helpful advice to everyone, hoping that people will take fewer detours and make fewer mistakes in this market. Although I advise earnestly, the path of investment still needs to be explored by oneself, and learning is endless. The experience gained is the real wealth!

Here, I wish my fans to achieve financial freedom in 2024. Let's cheer together!

Cryptocurrency Academician: September 14, 2024 Bitcoin (BTC) Latest Market Analysis Reference

The Bitcoin bulls have finally started. I entered the long position at 56,000, and now there is a space of nearly 3,000 points. Before the article was published, the highest daily K-line of Bitcoin reached 59,700. Now, there are mostly long positions near 56,000. You can continue to use it as a reference. Whether you read the previous articles or not, the key is not to rush to get off. As long as you are not afraid of 58,500, don't rush to leave.

The trend indicators of the daily K-line are starting to shrink, and the daily K-line has also broken the EMA30 pressure level of 58,600, which has now become a support point, starting to challenge the EMA60 trend pressure level of 60,000. The MACD volume has increased, and the contraction is not over. The top pressure level has reached 63,000. The previous 58,200 failure has now become a support point, which can be used as a retracement stop-loss point. If you haven't entered, you can wait for another opportunity to enter.

Currently, the trend of the four-hour market can be seen that the bulls have taken the dominant position. The EMA trend indicator is starting to shrink. The EMA15 fast line trend indicator has broken the EMA120 support level of 57,900, and the EMA15 support has also broken 58,000 and is further stretching. It is expected to hit the position of 58,500. You can pay attention to it. The MACD volume has increased, and the DIF and DEA are spreading above the 0 axis. The top divergence of the four-hour MACD technical indicator is already clear, and it has diverged to the 60,000 level. As for whether it can further diverge and stretch, it will take time.

Short-term strategy reference: Since the market is not 100% predictable, it is important to set a good stop-loss. Safety first, small losses and big gains are the goal.

Short: 61,000 to 61,500, defend 62,000 to 62,300, add to the short position, stop loss of 500 points, target 60,000 to 59,500, break position to 59,000.

Long: 58,500 to 58,200, defend 58,000 to 57,800, add to the long position, stop loss of 500 points, target 59,500 to 60,000, break position to 60,500 to 61,000.

Specific operations should be based on real-time market data. For more information, please consult the author. The article is published with a delay, and it is recommended for reference only. Please bear the risk.

This article is exclusively provided by the Cryptocurrency Academician and represents the exclusive views of the academician. Due to the timing of the article's release, the above views and suggestions are not real-time and are for reference only. Please bear the risk. Reprinting please indicate the source. Control your positions reasonably and do not overexpose or fully expose your positions. The academician also hopes that investors understand that the market is always right. If you are wrong, you should summarize your own problems and not let the profits that should have been in your hands fly away. There is no need to be smarter than the market in investment. When the trend comes, follow it; when there is no trend, observe and be patient. It is not too late to act after waiting for the trend to become clear. Tomorrow's success comes from today's choices. Heaven rewards hard work, earth rewards kindness, people reward sincerity, business rewards trust, industry rewards precision, and art rewards heart. Gains and losses are all in the blink of an eye. Develop the habit of strictly setting stop-loss and take-profit for each trade. The Cryptocurrency Academician wishes you a pleasant investment journey!

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