Strength does not need to be overly demonstrated, the key is to gain more recognition from others. On the investment road, 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 out 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 am earnest, the road to 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: Bitcoin (BTC) Latest Market Analysis Reference for September 18, 2024

I hope everyone had a happy Mid-Autumn Festival. The festival has just passed, and there are still more than ten hours before the beautiful country's interest rate cut. Bitcoin has returned to the 60,000 mark before waiting for the news to determine the direction. There is no recommendation for operation. It is suggested to wait for the news to land before entering the market. Before that, you can watch the show.

The current price of Bitcoin is at 60,500. As of 12:10 noon Beijing time before the deadline, the daily K-line has reached near EMA120, and the current resistance is at 60,800. The overall trend of EMA is beginning to shrink, the bullish trend is strong, MACD volume is increasing, DIF and DEA are rising at a low level, entering a divergence, KDJ is contracting and diverging, and the overall trend is entering a consolidation period, and it is expected to trade sideways at the high level of EMA120.

The four-hour K-line has reached the high position of the EMA trend indicator. The current support is at the position of EMA15, which is 59,600. MACD volume continues to increase, the pressure level of the Bollinger Bands is at 61,400, KDJ divergence and contraction have failed, and the overall trend can focus on whether the upper pressure level can be broken through to create a new high.

Short-term strategy reference: Since the market is not guaranteed, 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, stop loss at 500 points, target 60,000 to 59,500, breakthrough target 59,000.

Long: 59,000 to 59,500, defend 58,000 to 58,300, add positions for long, stop loss at 500 points, target 60,500 to 61,500, breakthrough target 62,500 to 63,000.

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 risks.

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 risks. Reprinting should indicate the source. Control your positions reasonably when trading, 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 expected profits slip 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 the trend becomes 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 details. Develop the habit of strictly setting stop-loss and take-profit for each trade. The Cryptocurrency Academician wishes you a pleasant investment!

Friendly reminder: The content above is created by the author's public account. The advertisements at the end of the article and in the comment section are not related to the author. Please discern carefully, and thank you for reading.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。