Strength does not need to be overly displayed; the key is to gain recognition from more people. On the investment journey, doing well for oneself is more important than proving one's strength to others. Whether it’s a mule or a horse, you’ll know once you take it out for a walk.

As a veteran in the cryptocurrency space, I have always been committed to providing beneficial advice to everyone, hoping that you can avoid detours and mistakes in this market. Although I speak earnestly, the path of investment must still be explored by yourself; learning is endless, and the experiences gained are the true wealth!

Here, I wish my fans financial freedom in 2024. Let’s work hard together!

Cryptocurrency Expert: 10.5 Non-Farm Payrolls Ignite the Market, Bitcoin Continues to Stretch, Short-Term Opportunities Exposed, Latest Market Analysis Reference

The current price of Bitcoin is 62000. It is now 2 AM Beijing time, so I won’t boast. The real-time data has been updated; you can see for yourself. Yesterday's article provided a current price order, with the maximum range from 60000 to 62350, over two thousand points. Looking at the daily K-line, it has broken through major trend indicators and reached the EMA15 resistance level of 62400, and the neckline level of 61700 has also been broken. Long positions can continue to look upward. As I always say, don’t think about taking profits at the highest point; only take profits at pullback points. Only in this way can you achieve small losses and large gains.

From the technical indicators, we can see that MACD has started to show an increase in volume, indicating that bullish momentum is strengthening. DIF and DEA are still at high positions above the 0 axis, and the mid-band pressure of the Bollinger Bands has risen to 62700. KDJ has also started to converge upward. The overall trend is in a recovery phase, and the upper pressure level can be seen at the previous high middle line position. The overall trend can wait for a pullback to continue going long.

Now looking at the four-hour K-line for entry points, the current four-hour K-line has continuously closed positively, indicating strong bullish momentum, continuously impacting the EMA trend resistance level. It has now broken through EMA15 and EMA30, and is currently challenging the 90 and 60 resistance levels, which is 62600. MACD is showing an increase in volume, and DIF and DEA are expanding upward from a low position. Therefore, 60400 is the best entry point this week; there is no more suitable entry point than this, so continue to hold.

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

For short positions, aim for 64100 to 63800, with a stop loss at 65000 to 65300 for adding to short positions, targeting 62500 to 62000, and if broken, look at 61000 to 60500, with a stop loss of 500 points.

For long positions, aim for 60500 to 60300, with a stop loss at 59000 to 58500 for adding to long positions, targeting 61500 to 62000, and if broken, look at 62500 to 63500, with a stop loss of 500 points.

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

This article is exclusively contributed by the cryptocurrency expert and represents the expert's unique viewpoint. 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 viewpoints and suggestions may not be real-time and are for reference only. Risks are borne by the reader. 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. Do not 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 and follow 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 stems from today's choices. Hard work is rewarded by heaven, goodness by earth, sincerity by humanity, trust by business, excellence by profession, and heart by art. Gains and losses often occur unexpectedly. Develop the habit of strictly setting stop losses and take profits for each trade. The cryptocurrency 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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