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$BTC CryptoCircle Liying: On 4.13, Bitcoin hits a new high of 75,500 this year. How to seize this bullish trend? Latest market analysis and trading suggestions
Friends! Bitcoin is currently priced at 75,500. The 2-hour chart shows the price has strongly broken through the previous high of 75,300 resistance level. It is now operating near the upper band of the Bollinger Bands. The moving average system is showing a typical bullish arrangement, with MA(7), MA(30), and MA(120) forming step-like supports, among which MA(7) has become the recent support. The MACD indicator is performing strongly, with DIF well above DEA, and the red bars are enlarging, indicating increasing bullish momentum. Trading volume significantly increased during the breakout, showing strong bullish confidence. From the pattern, after breaking through 75,300, the price opens a new upward space, with the next target around 76,500-77,000. The current price consolidates near 75,500, which is a healthy retracement after the breakout. As long as it does not fall below 75,000, the bullish trend remains intact.
From a technical structure perspective, a complete upward channel has formed. The Bollinger Bands are widening, and the price is running along the upper band, indicating a strong trend. The RSI indicator is near 65, approaching overbought territory but not at extreme levels, leaving room for further upward movement. The KDJ indicator is above 80, showing short-term strength. The key support level is near MA(7), with stronger support at the MA(30) line. Attention should be paid to the possibility of a technical retracement testing support after breaking through 75,300. If it can stabilize above 75,000, it will accumulate momentum for further gains. The strong resistance above is near the upper Bollinger Band at 76,500. A breakout above this level could target 77,000-78,000. Overall, the bullish trend is clear, and trading should focus on buying on dips.
Short-term practical strategy (Liying’s precise market alignment)
Long position: 75,200-74,700, target 76,500 aiming for 77,500, stop loss 74,300
Short position: 74,700-74,000, stop loss 75,500, target 74,000 aiming for 73,800
Liying’s message: The crypto world is not short of opportunities; what’s missing is the eyes to see through the essence and the discipline to execute strictly. Stay calm, and you will smile last!
Risk warning: The above analysis by Liying is based on real-time market data and is for reference only. It does not constitute investment advice. Trading risks are at your own risk. #加密市场回升