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 have been earnestly advising, 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, September 28, 2024

In a hurry, haha, many people are in a hurry, and some have left early. I have earnestly said a lot, but there are very few people who can remain calm. It was not easy to enter the long position at 62800, and now there is indeed a space of more than 3000 points. It can be considered a big profit, but do not guess the peak. Because the academician laid out from the beginning of the month at 53000 to the highest point of 13000 points, never think about taking profit at the highest point, only take profit at the retracement point. There are still many people who do not understand the meaning of this statement. Don't worry, after paying attention to me for a long time, you will naturally understand.

Let's continue to look at the trend of the market. The bullish indicators continue to expand, and the EAM trend indicator also alternately expands upwards. EMA15 has reached 63000 and will continue to stretch. It is expected to stretch to around 64000. In addition, EMA30 has also risen above EMA120, and the bullish trend continues. The MACD volume continues to decrease, and the DIF and DEA have begun to show divergence in the energy indicator, as expected, the initial divergence of the market has appeared after surpassing 66000. The upper Bollinger Band has reached 67250, and the peak has not ended yet.

The four-hour K-line has surged to 66500 within 24 hours, and the EMA15 fast line indicator has reached 65100. The MACD top divergence continues with decreasing volume, and the bullish momentum has decreased in the short term. The pressure level in the short term is focused on the upper rail at 66500, and the middle rail support is focused on 64700. The KDJ divergence is spreading downwards. In summary, the high-level consolidation of the weekend market should be paid attention to.

Since the market is not guaranteed, it is important to set a stop loss. Safety comes first, and small losses lead to big profits.

Intraday strategy:

• Short position can be taken at the upper support of 66600, with a stop loss of 300 points, and the target is to see 66000 and 65500.

• Long position can be taken at the lower pressure of 64600, with a stop loss of 300 points, and the target is to see 66000 and 66500.

Short-term strategy:

• Short position can be taken at 67400 to 67800, with defense at 68500 to fill the short position, a stop loss of 500 points, and the target is to see 66500 to 66000. If the position is broken, look at 65500 to 64500.

Continue to hold the long position at 62800, with the retracement defense point at 64000. If the long position falls below 64000, take profit and leave. If it does not break 64000, continue to hold the long position. When the market reaches above 67000, take profit and exit a part, and continue to hold the rest.

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. There is in-depth research on BTC, ETH, DOGE, DOT, FIL, EOS, etc. 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 should indicate the source. Reasonably control your position and do not overexpose or fully expose your position. The academician also hopes that all investors understand that the market is always right. If you are wrong, you should summarize your own problems. Do not let the expected profit 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 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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