Crypto Circle Academician: 4.25 Bitcoin Top Divergence, Crash Risk Soars! Latest Market Analysis Reference

　　Current Bitcoin Price is 93100, it is now 3 AM Beijing time. As I mentioned yesterday, the market won't always go one way, and some fans said it would break 95000 and hit 100000. I said 94000 could be a short target looking at 92000, and they scoffed at my words. Now the market has moved, and everyone can review my thoughts from yesterday in conjunction with the overall market to see if it perfectly matches.

Let's look at today's market. The daily K-line's highest point is 93750, the lowest is 91600, and it has formed a clear hanging man, also known as a hammer. The EMA trend indicator is still contracting upwards, and the EMA15 trend fast line is about to overlap with EMA120. The large fluctuations for this week have already ended, and the remaining time will be a consolidation market. The K-line has also fallen back within the Bollinger band channel, with the resistance level at the upper track of 84500. If it doesn't break, the short position remains valid; if it breaks, one needs to exit. The MACD is increasing in volume but is clearly not as strong as before. At this time, the market is ambiguous; one can try a position but must have a good stop-loss. Conservative traders can continue to watch for the trend to finish.

The four-hour K-line shows an upward trend. The K-line retraces to EMA15 support at 92000, then starts to adjust and rebound, forming a high-level symmetrical triangle trend. The EMA trend indicator remains bullish, and the Bollinger band is opening upwards. The upper track has reached 96150. The MACD is decreasing in volume, and the K-line shows a top divergence trend, so don't rule out the possibility that the main force might raise prices to offload. Remember to prepare psychologically for such a situation, especially after a sharp rise when the main force may raise prices to offload. For now, primarily consider shorting at high levels, and regarding going long, let's discuss it after it drops to key support.

Short-term strategy reference: The market is not 100%, so always have a good stop-loss; safety first, aiming for small losses and large gains is the goal.

For going long, trial points are 91000 to 90500, with a defense at 90000, stop-loss at 500 points, and target at 92000 to 93000, breaking at 94000.

For going short, trial points are 94000 to 94500, with a defense at 95000, stop-loss at 500 points, and target at 93500 to 93000, breaking at 92000.

Specific operations should be based on real-time market data. For more details and information, you can consult the author. The publication of this article has a delay and is for reference only. Risks are borne by the reader: $BTC