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

BTC Market Analysis:

Firstly, looking at the daily chart, as analyzed yesterday, the 25EMA moving average on the daily chart also shows strong support.

Therefore, for today's short-term swing trading, the target for long positions is near the 25EMA on the daily chart, with the neckline around $64,500.

If the market falls below the 25EMA, we need to be cautious about the risk of a decline. If the neckline is broken, then I will need to redevelop the trading plan, but I still maintain a bullish view on the current market.

[4-hour chart]

From the current perspective, the advantage of going long is to use the 25EMA on the 4-hour chart as support for long positions (around $70,000 to $69,900).

We can set the profit target at $71,000, and the highest could reach $73,000. If the market falls below the 25EMA moving average, I will update the strategy among the actual trading students.

[1-hour chart]

Similarly, on the 1-hour chart, if friends did not enter long positions based on my post yesterday, it is best to wait for a pullback.

However, if the price breaks through $71,000, the uptrend may accelerate suddenly. Using market orders for trading at the current price would be a good strategy.

〈Entry Point Reference〉:

❶ Go long near the 25EMA on the 1-hour chart, with the target around $71,200.

❷ After breaking through $71,300, follow the trend and go long. Jinrui recommends entering after confirming the pullback. Setting a strict stop-loss is also a strategy.

Disclaimer: There will be a delay in the positions due to the review time required for publishing on the platform. Actual strategies take precedence.

I have conducted in-depth research on spot contracts, BTC, ETH, and various altcoins for many years. If you are not doing well in trading, experiencing long-term losses, or being trapped in trades, you can follow my public account (Jinrui in the cryptocurrency circle). Investment involves risks, so be cautious when entering the market. The market fluctuates every day, and all I can do is to use my years of practical experience to help you make the right investment decisions and manage them 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。