The academician of the coin circle has been investing in the coin circle for more than a decade. In your eyes, there is a profit of a hundred times leverage, while I am considering the abyss of risk. The mindset determines the way out. Viewing the market from different perspectives determines whether you will take risks for profit, while I will let go of a profit to avoid risks. The academician team of the coin circle has carefully formulated a complete set of profit and break-even plans for you. When you join, we will think hard for you and escort every penny of your profit. Finally, I would like to remind everyone: Strength is not for show, but it is bound to gain more recognition. It is more important to do well on your own than to seek validation from others. Whether it's a mule or a horse, take it out for a walk and you'll know. In your position, plan your own affairs. I have been tirelessly advising, hoping that you can take fewer detours and make fewer mistakes in this market. Even though I speak earnestly, the road of investment still needs to be walked by yourself. Learning is endless, and only when you have gained experience is it your wealth!

The academician of the coin circle wishes fans to achieve financial freedom in 2024. Keep it up!

Bitcoin (BTC) market analysis reference for March 14, 2024

First, let's review the situation with Bitcoin. The train of thought given in yesterday's article was to short around 73600, with a target near 72000. The market unfolded as expected. During the analysis in the middle of yesterday's session, it was mentioned that the V-shaped pattern on the four-hour candlestick chart was expected to reach the previous high point early, raising the pressure level at the top and turning the bottom into an unknown, which is why the price fluctuation was so large.

Now let's look at the changes in today's market. As of the time of writing, the current price of Bitcoin is 72800. The four-hour candlestick is expected to retest the support level near 72600, which is the EMA10 position. The next support levels at 72200 and 71000 need to be defended, as the top deviation on the four-hour candlestick has lasted a long time. In addition, the decreasing volume on the MACD does not necessarily mean that the candlestick will go down. In the short term, there will be a wave of retracement, a push higher, and then a fall back, which is the normal trend.

The KDJ is converging downward and being resisted, indicating that there is still strong downward pressure in the market, showing that the main force still has a strong intention to stretch. The lower support level of the Bollinger Bands has been rising, from 71000 yesterday to 71800 today. The new standing point is expected to be near 72000. The ultra-short trend on the 15-minute candlestick is bearish, and a reversal signal has appeared at the top. The DIF and DEA of the MACD indicator have already crossed below the zero axis. The trading volume today is not very strong for the time being, as the market has just opened. The main focus is to guard against the main force luring in more buyers. The strategy suggests focusing on short-term high positions, with long positions as a supplement.

Bitcoin (BTC) operation suggestions for March 14, 2024

If the upper level of 73300-73500 is not broken, go short with a target of 72900-72400-72000 and a stop loss at 73700.

If the lower level of 70500-70800 is not broken, go long with a target of 71300-71800-72300 and a stop loss at 70200.

Heavy positions are strictly prohibited. Risk control is the top priority. The market changes in an instant, so do not be greedy. Specific operations should be based on real-time strategies, and the analysis should be used as a reference. Risk is self-borne.

The academician of the coin circle's message: If you are new to the market, come to me, and I will teach you to learn while operating. If you are already in the market and not doing well, you can come to me, and I will help you so that you won't make the same mistakes again. If you have been struggling in this market and are battered and bruised, you might as well come to me, and I will have the confidence to help you regain your confidence. If your position is trapped, I will provide a reasonable solution based on your entry point. Because everyone's trapped position is different, the methods for getting out will also be different. Some are suitable for the cautious, and some are suitable for the aggressive. However, I cannot give a perfect answer to everyone here. The academician of the coin circle suggests that you bring your position. As long as you find the academician of the coin circle, I will definitely use the most suitable method to solve your problems and assist you in getting out.

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