Observing the $BTC on a daily chart level, it is currently in a consolidation range of 78,516~89,432. From the chart, it can be seen that the current price has fallen below the moving average of 84,235 and is moving down towards 78,516. If the price falls below 78,526, there is a certain probability of breaking the March low of 76,607 or even piercing below the green range of 76,504.
# Entry Points
Bearish: Short to 78,516~81,500
Bullish: Wait for a bottom spike and observe when EMA 30, 60, 90 shows an upward crossover and moves in a clear direction, then can establish a position.
# Position Management
For spot investors, it is recommended to increase the position by 5% when the price falls to 2.5~3%. If the decline reaches 10% or more, consider adjusting the percentage to 10%. The risk-reward ratio is suggested to be controlled around or above 2%.
# Price Prediction
Looking up to 160,000
Looking down to 75,000