Multidimensional Analysis of Bitcoin Technology:
1. Short-term Risk Warning: As of today at 7:15 AM, the 4-hour K-line of Bitcoin shows a significant downward trend with increased volume, presenting a typical "M" head double top pattern at a high position, with the price rapidly retreating after a spike. It is advisable to closely monitor the resistance level indicated in the chart to avoid the risk of chasing highs; if it touches the support level, consider positioning for long trades or entering the spot market.
2. Multi-Cycle Trend Assessment: From the 2-hour to daily level, the Gu Bi trend indicator is forming a bullish resonance, establishing a bullish tone for the medium to long term; however, the smaller cycles within 1 hour show bearish resonance, suggesting that short-term trading should focus on shorting at highs. Last week's weekly K-line formed a lotus flower emerging from the water pattern, further confirming the potential for upward movement in the future; even if a pullback occurs, it may also present a good entry opportunity.
3. Indicator Signal Interpretation: The 4-6 hour MACD indicator shows an oil leak pattern in the air, releasing a price pullback signal. Short-term operations can seize opportunities to short at highs. When the 30-minute price rebounds to critical resistance levels like the EMA60 moving average and the double top neck line, it marks an ideal shorting point (strict stop-loss settings must be enforced during operations). Spot investors can place light orders at important support levels.
Risk Warning: The cryptocurrency market is highly volatile, and the above analysis is for reference only. Investors can leverage the correlation effect of Bitcoin to simultaneously monitor trading opportunities in mainstream coins, sub-mainstream coins, and some quality altcoins.
