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 everyone 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 25, 2024

The current price of Bitcoin is 64400. It is now half past twelve noon Beijing time. As of the deadline for the previous day's K-line, the highest was near 64800, which means it has been challenging the 65000 mark for three consecutive days. The train of thought given yesterday was that at 62750 and above, the target of 64500 was also achieved, gaining a significant 1750 points.

Currently, the market is consolidating at a high level, continuously testing the previous high pressure level, indicating strong bullish momentum. Especially, the EMA trend indicator is more obvious, with the EMA15 fast line indicator already at 62000, and the EMA30 also starting to exert force. Several major trend indicators are beginning to contract and alternate to form a double golden cross. The MACD volume is increasing, and in this unchanged trend, it is expected that a top deviation will appear in a few days, and then the market will see another large-scale trend. The upper pressure level of the Bollinger Band has already broken through 66500. The KDJ top deviation continues the trend, still bullish.

On the four-hour K-line, a flag pattern has appeared, whether it is a bull flag or a bear flag, attention should be paid to the entry point. The K-line is currently above the EMA trend indicator, so short selling layout at 64700 can continue to be held, and attention should be paid to the EMA30 trend support point at 63200 in case of a change. The MACD top deviation is increasing with volume, and the DIF and DEA are spreading at high levels. The K-line returning to the upper pressure level of the Bollinger Band should pay attention to 64600, and the support point on the pullback should pay attention to the middle rail support at 63500. The continuous challenge of 65000 indicates strong momentum at this level. If the resistance is not broken, long positions can be tried, and short selling can be attempted.

Short-term strategy reference: Since the market is not guaranteed, it is important to set a good stop loss. Safety first, small losses lead to big gains.

Short selling from 64700 to 65000, stop loss at 300 points, target is 64000 to 63500, and breaking through the level, target is 63000.

Breaking through the level from 65300 to 65600, go long, target is 66300 to 66800, and breaking through the level, target is 67500 to 68000, stop loss at 500 points.

Going long from 63300 to 63000, defend at 62500 and add to the long position, stop loss at 500 points, target is 63000 to 63500, and breaking through the level, target is 64500.

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. Please control your positions reasonably and avoid heavy or full positions. The academician also hopes that investors understand that the market is always right. If you are wrong, you should summarize your own problems. 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!

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