Cryptocurrency Academician: On May 19, Bitcoin's BTC daily K-line average moved south, are these two positions the safe northward area? Latest market analysis and trading suggestions

　　The current price of Bitcoin is 76630. There is no perpetual northward movement, nor is there perpetual southward movement; there is only perpetual position management. Friends who are already holding positions suggest that one should check the market fewer times each day to avoid being influenced by short-term fluctuations. If there is a need to stop-loss, then do so, and don’t hold on stubbornly. As long as the green mountains remain, there is no fear of no firewood; wait until the trend is clear, then follow the trend to make steady profits, which is the hard truth. After stop-loss yesterday for northward movement, I have not re-entered the market, currently waiting for an opportunity.

　　The daily K-line has broken below the EMA15, EMA30, and other short-term moving averages, currently only supported by EMA60, and the northward trend is being weakened. The MACD indicator shows that the DIF has crossed below the DEA, and the green bars are starting to expand, releasing southward momentum, with clear short-term pullback signals. Regarding the Bollinger Bands, the price has broken below the middle band, approaching the lower band at 75720, the upper band and middle band create strong pressure, and the upward space is locked, showing a short-term downward fluctuation on the daily chart.

　　The four-hour K-line has fallen back from a high of 82828, currently continuously breaking below EMA15, EMA30, EMA60, forming a clear southward arrangement. The MACD's DIF and DEA are dead crossing below the zero axis, with green bars continuing to increase, indicating that the southward momentum is still gaining strength. The Bollinger Bands are opening downwards, and the price is running along the lower band, with strong pressure around the middle band near 78500, making it difficult for any short-term rebounds to break through, and overall it remains in a weak downward channel, with no signals for a counterattack northward.

　　Short-term strategy reference: Follow the major cycle trend, with small stop-loss and quick entry and exit.

　　For northward movement between 75700 and 76000, stop-loss at 75300, targets looking at 77200 to 77800.

　　For southward movement between 77800 and 78200, stop-loss at 78800, targets looking at 76300 to 75800.

　　Currently, the southward trend is dominant, and long positions are only suitable for short-term speculation, with position control within thirty percent.

　　Specific operations should rely mainly on real-time market data; more details can be consulted with the author. The publication of the article may be delayed; suggestions are for reference only, risks bear by oneself.

Warm reminder: The above content is solely created by the author on Weibo. To find the public account, search directly on WeChat: Cryptocurrency Academician. 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.

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。