#加密市场急跌 Important prices and trends:
1. BTC has fallen below the important support level of 61,800 and is currently around 50,000.
2. 50,000 is a key support level, if it fails, it may fall further to the 38,000-40,000 range.
3. 56,000 is an important resistance level in the near term and needs to be recovered to reverse the downward trend.
4. It is currently below the 5-month sideways range, showing a clear bearish signal.
Trading straregy:
1. Be cautious and don't rush to buy the bottom. Wait for the confirmation signal from the higher time frame.
2. Pay attention to the 50-day moving average and VWAP indicator, and maintain a bearish mindset below them.
3. Use the 30-minute chart to look for short-term opportunities, focusing on one-time frames and trend lines.
4. Set the stop loss around 59,000. If it breaks through this level, the trend may be reversed.
5. Pay attention to the trend of the stock market, because cryptocurrencies have a strong correlation with the stock market.
Other trading ideas:
1. Control your emotions and analyze the market rationally.
2. Use market profile charts and volume analysis to determine market structure.
3. Pay attention to larger macroeconomic factors, such as Federal Reserve policy and employment data.
4. Use risk management to protect the safety of funds.
5. Look for a risk-reward ratio of at least 2:1.
1. Short-term trend is bearish:
BTC has fallen below the important 61,800 support level and is currently in a downtrend. The author believes that as long as the price remains below 56,000, the downtrend is likely to continue.
2. Key support levels:
$50,000 is an important psychological and technical support level. If this level is lost, BTC may fall further.
3. Potential downside targets:
If the $50,000 support level is broken, the author expects BTC to fall to the $38,000-40,000 range. This area coincides with the long-term trend line and the 50-week moving average, which may provide strong support.
4. Possibility of rebound:
Although the current trend is bearish, the author also mentioned that if BTC can regain $56,000 and stabilize, it may trigger a rebound. This may bring the price back to the previous sideways range.
5. Long-term Outlook:
The author suggests that the current decline may be just the beginning of a larger trend. He mentions that if the key resistance level cannot be regained, it may be the beginning of a longer-term downtrend.
6. Correlation with the stock market:
The author emphasizes that BTC trends are strongly correlated with the stock market, especially technology stocks. Therefore, the performance of the stock market may affect the short-term trend of BTC.
7. Uncertainty:
The author also stressed that there is a high degree of uncertainty in the market and advised investors to remain vigilant and wait for clearer market signals to emerge.
In general, the author is cautious about the trend of BTC in the short term and tends to believe that it may continue to fall, but does not rule out the possibility of a rebound at key support levels. He advises investors to pay close attention to market changes and do a good job of risk management. $BTC