Only with a calm mind can one achieve great success in investment. Everything else is just empty talk. Making money is the key. Hello everyone, I am Jinrui from the cryptocurrency circle!

Due to yesterday's sharp decline, the bearish trend is dominant. Faced with the relatively complex current trend, please read this post carefully ⤵️

[BTC Daily Chart]

Jinrui believes that at the daily chart level, it is necessary to pay attention to whether a right shoulder of a head and shoulders pattern has formed. As the market has once again broken through the 25EMA with a solid body, both the daily and 4-hour charts will show weakness. However, Jinrui will maintain a bullish view until the price on the daily chart falls below the 200EMA.

[BTC 4-hour Chart]

A death cross has appeared on the 4-hour chart, indicating a dominant bearish trend.

Trading points for today: ① Short from the red zone (approximately $65,600) and use the 4-hour 25EMA ($65,278) as support. The target price is around $63,000. ※ If the price falls below the high point of the red downtrend line, then stop loss.

[1-hour Chart & 30-minute Chart]

Additionally, we can also short from the 1-hour and 30-minute 25EMA⤵️ (64,533, 64,991). These two points are also observable in the short term. Due to the current weak short-term trend, Jinrui does not recommend entering blindly.

Of course, setting strict stop-loss and take-profit targets is necessary.

If you want to receive real-time information later, please like and share to let me know 🙌🏻. If this is helpful to you, I hope you will like it ❤️ and follow me. I look forward to your support.

I have years of in-depth research on spot contracts, BTC, ETH, and various altcoins. If you are experiencing difficulties in trading or long-term losses, or if your trades are stuck, you can follow my public account (Jinrui in the cryptocurrency circle). Investment involves risks, so be cautious when entering the market. With the constant fluctuations in daily market conditions, all I can do is to use my years of practical experience to help you make the right investment decisions and manage your operations in the right direction.

The end of the article and other advertisements in the comments section are not related to me personally!! Please be cautious in distinguishing between true and false information. 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。