After the CPI results were released, Bitcoin also rose as expected. Although it broke through the downward trend line and the callback high of $63,244, the master believes that the overall short-term bearish view has not changed. If it is bullish on the 4-hour level, it needs to break through the callback high of $67,057. Then the entry point for short orders in the evening can refer to $64,518. If the price breaks through this range strongly, then you can directly arrange short orders in the range of $65,200-65,500. Look for more than 1,000 points of profit! Although the master understands that everyone wants to follow the fast-rising market, the short-term short strategy is still effective! #BTC走势分析 #美国4月CPI通胀数据即将公布 #比特币走势分析 $BTC

I have always believed that the short-term volatility of US stocks or Bitcoin is the difference between expectations and facts, not the facts themselves. Bitcoin has adjusted by 23% and two months since March 14, and it is fully expected that the Fed will not cut interest rates so quickly in terms of time and space. So unless the CPI data tonight is so bad that it is unbearable to look at, it will be a bad data. Bitcoin may also be the last tremor, and the probability of turning upward is greater than the probability of continuing to smash the market. Let's see what the result of opening the blind box tonight is.

If the US CPI data is really bad tonight and Bitcoin is smashed downward, it will be the best buying point for a long time in the future. If the CPI data is not bad, then now is the low point. To sum up, I have been bullish on Bitcoin since the beginning of last year. When Silicon Valley Bank exploded in March, I also shouted in articles and video analysis that the bull market would rebound quickly. In the callbacks in June and October and before the ETF was passed in January this year, I have been preaching for the Bitcoin bull market more clearly. Basically, I speak at the relatively low point of the callback every time, so let's see if I will guess right this time. $BTC #美国4月CPI通胀数据即将公布 #5月市场关键事件

Master Chen 5.15: Trading strategies and risk management before CPI is released #BTC走势分析 #比特币走势分析 #CPI数据 $BTC $ETH
BTC 4 hours:

Bitcoin received short-term support in the $61,000 range yesterday and is currently in a small-scale rebound trend. Given the support in the $61,000 range, Master Chen will maintain a rebound view at this point in time and is optimistic about the retracement after the downward trend breaks.

Due to the release of the CPI index today, BTC may fluctuate significantly during the release period. If you have a position before 21:30, it is recommended that you strictly set the take profit and stop loss.

The importance of this CPI release is that if the inflation rate falls, it may bring expectations of interest rate cuts. If the CPI is lower than expected, the bulls may make a comeback.

Today's first resistance level is 62,200, and the second resistance level is 63,000. When the BTC price breaks through the first resistance level, Master predicts that BTC may retest to the $63,000 range.

Before the release of CPI, Bitcoin fluctuated in the downward trend line. If the price breaks through the resistance of the downward trend line, Master will turn to a bullish view.

The first support for the day is 61460, and the second support is 61000. First of all, the first support is an important support line. If it falls below this support line in the short term, the BTC price will fall below the low point, and $61,000 may be lost.

So once the price falls below this support, then friends who hold long positions need to pay attention to the risk of a sharp decline.

Please refer to these suggestions when trading

5.15 Master's short-term pre-buried orders:

Long entry reference: 61000-61400 range, long in batches, defense 500 points, target 62000-62200

Short entry reference: 62900-63300 range, short in batches, defense 500 points, target 62200-62000

The content of this article is exclusively planned and released by Master Chen (public account: Master Chen, the God of Currency). If you need to know more about real-time investment strategies, unwinding, spot contract trading methods, operating skills, and K-line knowledge, you can add Master Chen to learn and communicate. I hope it can help you find what you want in the currency circle. Focusing on BTC, ETH and altcoin spot contracts for many years, there is no 100% method, only 100% going with the trend; daily updates of macro analysis articles, technical indicator analysis of mainstream coins and altcoins, and spot mid- and long-term review price forecast videos.

Warm reminder: Only the column public account (pictured above) in this article is written by Master Chen. The other advertisements at the end of the article and in the comment area have nothing to do with the author himself! ! Please carefully distinguish the true from the false. Thank you for reading.

Since the head and shoulders top is formed at the 1-hour level, the master expects the price to fall to the range of 61,400 to 61,300 US dollars shown by the black trend line.

From the technical analysis point of view, once the head and shoulders top pattern is formed. Usually there will be a decline of the same magnitude as the head and shoulders top (see the chart below).

As long as it does not fall below the black range, the master will still maintain the view of rebound. Don't worry, for those who have already arranged long positions, you can take many orders to make appropriate additions. #美国4月CPI通胀数据即将公布 #BTC走势分析 $BTC

Master Chen 5.14: Sharing of flexible trading strategies within the box range before the release of CPI #BTC走势分析 #比特币走势分析 #美国4月CPI通胀数据即将公布

BTC 1 hour:

Before the US released the April Consumer Price Index (CPI), Bitcoin went sideways after a considerable rebound. Although it once rose to the $63,000 mark, it still failed to stabilize above the previous high and is currently in the adjustment stage.

Therefore, Master Chen believes that only by breaking through the previous high of 63,300 mentioned in my analysis article yesterday can we expect further increases.

At present, before the release of the US CPI, the main players in the market are mostly in a wait-and-see state, which may also form a box-shaped oscillation range.

The first resistance of the day is 63,300, and the second resistance is 64,000. When the price breaks through the first resistance, we can expect a retest of the previous high of 64,000.

Because Master Chen believes that if the price wants to break through the upper resistance, the premise is to observe whether the previous low after the rise can be maintained.

The first support level of the day is 62300, and the second support is 61600. If the price holds the first support, we can try to layout a short-term rebound strategy. If it falls below, the downward pressure will increase greatly, and the opening price will drop to the second support of 61600.

BTC may go sideways before the release of CPI, so I can adopt a box trading strategy for the short term. Master suggests not to hold positions for a long time, but to respond flexibly within a certain profit range.

For today's trading suggestions, Master believes that it is better to operate flexibly within the box instead of determining the direction. Because the probability of sideways consolidation is expected to be higher. Usually before the release of important indexes, the market will go sideways, and wait for the release before the direction of the big move will appear.

In addition, please pay attention to avoid panic selling and washing due to unfavorable news after the release of the index, and be sure to set stop-profit and stop-loss points!

Please refer to these suggestions when trading

5.14 Master's short-term pre-buried orders:

Long entry reference: 61900-62200 range, long in batches, defense 500 points, target 63000-63300

Short entry reference: 63000-63300 range, short in batches, defense 500 points, target 62300-62000

The content of this article is exclusively planned and released by Master Chen (public account: Master Chen, the God of Currency). If you need to know more about real-time investment strategies, unwinding, spot contract trading methods, operating skills, and K-line knowledge, you can add Master Chen to learn and communicate. I hope it can help you find what you want in the currency circle.Focusing on BTC, ETH and altcoin spot contracts for many years, there is no 100% method, only 100% going with the trend; daily update of macro analysis articles, technical indicator analysis of mainstream coins and altcoins, and spot mid- and long-term review price forecast videos.

Warm reminder: Only the column public account (pictured above) in this article is written by Master Chen, and the other advertisements at the end of the article and in the comment area have nothing to do with the author! ! Please carefully distinguish the true from the false, thank you for reading. $BTC $ETH

If Bitcoin breaks through the 200EMA at the 4-hour level tonight, then the bulls will continue to strengthen.

The upper price is currently blocked by the 200EMA at the 4-hour level, and the 200 EMA overlaps with the upper side of the convergence triangle. (The current price of EMA200 at the 4-hour level is around $63,311)

Therefore, if Bitcoin's price breaks through again in the second half of the night and stabilizes at 63,600, then the short positions I arranged at 63,100-63,400 in the afternoon will be exited with a small loss. Aggressive friends can go long after the price breaks through the next target of the bulls, 63,600, with the target at 64,500! #BTC走势分析 #比特币盈利 $BTC

As the strong pull of the big cake knocked out the idea of ​​short entry, then we need to pay attention to the short-term suppression of the 4-hour EMA200 moving average, and the price is around 63326. If the bulls are still strong in this range, then cancel the idea of ​​​​laying out short orders. If under pressure, short positions can be arranged around 63100-63400, with the target at 62200-61700 (short-term support is near the 4-hour EMA25 moving average). #BTC走势分析 #比特币走势分析 #短线交易 #合约挑战 $BTC

Master Chen 5.13: The rising channel is formed, and the risk of another decline cannot be ruled out #BTC走势分析 #比特币走势分析 #5月市场关键事件

BTC 4 hours:

Bitcoin has experienced a small rebound and formed a short-term rising channel. Although the expectation of interest rate cuts has weakened, Bitcoin can still maintain support near 61,000.

However, since there has been no significant rebound after a sharp decline, Master Chen believes that the risk of decline cannot be ruled out in the near future. For the short-term market, if the price breaks through the upper edge of the rising channel, Master Chen will maintain the view of a short-term rebound.

If the price falls below the lower edge of the rising channel, a bear flag pattern may be formed, so Master Chen will turn to a bearish mindset.

The first pressure level during the day is 61,800, and the second pressure level is 62,200. For the short-term trend, we need to pay attention to the 20-day moving average and the resistance near 61,500. Master Chen expects the market to fluctuate repeatedly in the rising channel.

Therefore, we can adopt a short-selling strategy in the pressure range, with the first support at 61130 and the second support at 60600. When the price is near the first support, it is expected to rebound in the short term, but everyone needs to pay attention to the psychological support of 61000.

If the price falls below 61000, then Bitcoin will fall below the lower edge of the short-term rising channel, and the short-selling trend will be strengthened again.

Therefore, today, you can observe the fluctuations of the K-line price in the rising channel and flexibly adjust your position. Since the price in the short term is still maintained in the rising channel, you can temporarily maintain a bullish mindset. If it falls below the lower edge of the channel, the master will turn to a bearish mindset.

Please refer to these suggestions when trading

5.13 Master's short-term pre-buried orders:

Long entry reference: 60900-61200 range, long in batches, defense 500 points, target 61800-62200

Short entry reference: 61800-62100 range, short in batches, defense 500 points, target 61000-60600

The content of this article is exclusively planned and released by Master Chen (public account: Master Chen, the God of Coins). If you need to know more about real-time investment strategies, unwinding, spot contract trading methods, operating skills, and K-line knowledge, you can add Master Chen to learn and communicate. I hope it can help you find what you want in the currency circle. Focusing on BTC, ETH and altcoin spot contracts for many years, there is no 100% method, only 100% going with the trend;Daily updates of macro analysis articles, technical indicator analysis of mainstream coins and altcoins, and spot mid- and long-term review price forecast videos.

Warm reminder: Only the column public account (pictured above) in this article is written by Master Chen. The other advertisements at the end of the article and in the comment area have nothing to do with the author! ! Please carefully distinguish the true from the false. Thank you for reading. $BTC $ETH

Master Chen 5.12: If the market fails to make up for the rise and repair the indicators, will it break the important support and open the downward space? #BTC走势分析 #比特币 #ETFvsBTC #香港加密货币ETF

4 hours:

Since Bitcoin continued to fluctuate in the range yesterday, Saturday, today's analysis is not much different from the previous day. However, based on the current consolidation range, Master Chen raised the first support level to $60,500.

Because if the price of Bitcoin forms a long negative line after the shock and then fails to make up for the rise and repair the indicators, then there is a possibility of continuing to fall, so at this time it is more important to pay attention to whether the price can stabilize at the bottom of the shock box range.

The first short-term resistance is 61,100, and the second resistance is 61,700. When the price breaks through the first resistance level and can stabilize in this range, then Master Chen will maintain a short-term bullish view.

So it seems that the master will regard the first resistance level as a short-term resistance. If the price breaks through, it is necessary to pay attention to the resistance of the 20-day moving average and analyze it from the perspective of adjustment.

The first support is 60500, and the second support is 59250. In the day, we can set the first support as an important support line because it is the low point maintained during the consolidation process.

If it falls below this support line, the low point will fall lower, so the master believes that the price will open up the largest downside space after falling below around $59,000.

However, if the price falls below the bottom of the box range, then compared with the continued sharp decline, a short-term rebound can be expected around $59,000 in the medium term.

So in today's trading, the master will continue to maintain a bearish view for the main short-term trading.

But if the price breaks through $61,100 today and stabilizes, then the master will turn to a bullish view. But it is not too late, so the master will look at the decline from the short-term trend.

Please refer to the following information when trading

5.12 Master's short-term pre-buried orders:

Long entry reference: 60200-60500 range, long in batches, defense 500 points, target 61100-61400

Short entry reference: 61100-61400 range, short in batches, defense 500 points, target 60500-60000

The content of this article is exclusively planned and released by Master Chen (public account: Master Chen, the God of Currency). If you need to know more about real-time investment strategies, unwinding, spot contract trading methods, operating skills, and K-line knowledge, you can add Master Chen to learn and communicate. I hope it can help you find what you want in the currency circle.Focusing on BTC, ETH and altcoin spot contracts for many years, there is no 100% method, only 100% going with the trend; daily update of macro analysis articles, technical indicator analysis of mainstream coins and altcoins, and spot mid- and long-term review price forecast videos.

Warm reminder: Only the column public account (pictured above) in this article is written by Master Chen, and the other advertisements at the end of the article and in the comment area have nothing to do with the author! ! Please carefully distinguish the true from the false, thank you for reading. $BTC $ETH

Master Chen 5.11: The big Yin line will not be a V-shaped rebound. After consolidation, it is further bearish! $BTC $ETH #BTC走势分析 #5月市场关键事件 #比特币盈利

BTC4 hours:

Because Bitcoin was affected by the release of the US index last night, a long Yin line with a sharp decline was formed. Yesterday, the US consumer confidence index fell sharply, and the hawkish remarks of Federal Reserve officials followed one after another.

The long-term phenomenon of high interest rates continues, triggering concerns about stagflation. The market has also turned into a bearish trend. (Stagflation - high inflation accompanied by economic stagnation)

Because a long bearish K line was formed after the release of the data last night, Master Chen does not expect a V-shaped rebound in the short term. I personally prefer that the market will be clear after consolidation.

Since the market is still weak, the rebound of the market still needs good news and the main force to absorb and wash the longs as support.

The first resistance level in the short term is 61100, and the second resistance level is 61700. When the price breaks through the first resistance, a short-term rebound can be seen. If the price reaches the second resistance, then the master will only regard it as an adjustment range.

Because even if it rebounds, there are many resistances above, so the master will still maintain a short-term bearish view.

The first support level is 60270, and the second support level is 59250. First of all, the first support is an important support line that Bitcoin held yesterday, so if it is lost, it may open up a downward space to 59000, so it is important whether the price of Bitcoin can remain stable in the current consolidation range.

Then in today's trading, due to the formation of a large negative line, there is no sufficient rebound strength. Therefore, in the short term, the master will still maintain a bearish view and try to find a short-term rebound range.

In addition, the master emphasizes again that when the K-line forms a large negative line, it is often not a V-shaped rebound, but a further decline after consolidation!

Please refer to the following information when trading

5.11 Master's short-term pre-buried orders:

Long entry reference: 60000-60300 range, long in batches, defense 500 points, target 61100-61600 (please lighten your position when long)

Short entry reference: 61700-62000 range, short in batches, defense 500 points, target 61000-60300

The content of this article is exclusively planned and released by Master Chen (public account: Master Chen, the God of Currency). If you need to know more about real-time investment strategies, unwinding, spot contract trading methods, operating skills, and K-line knowledge, you can add Master Chen to learn and communicate. I hope it can help you find what you want in the currency circle.Focusing on BTC, ETH and altcoin spot contracts for many years, there is no 100% method, only 100% following the trend; daily update of macro analysis articles, technical indicator analysis of mainstream coins and altcoins, and spot mid- and long-term review price forecast videos.

Warm reminder: Only the column public account (pictured above) in this article is written by Master Chen, and the other advertisements at the end of the article and in the comment area have nothing to do with the author! ! Please carefully distinguish the true from the false, thank you for reading.

Master Chen 5.10: Key battle of market support and resistance, looking for transactions in the battle between long and short #BTC走势分析 #比特币盈利 #BTC $$$

BTC 1 hour:

First of all, because the downward trend line mentioned by Master yesterday has been broken, Master temporarily believes that 61000 is a support range. With the increase of the market bullish trend, if the price of BTC breaks through the suppression of the upward trend line in the short term, then we can maintain a short-term rebound bullish idea.

Although the price of the currency has rebounded to 62000, due to the increased uncertainty of the Fed's interest rate cut, BTC may still face some challenges from negative news.

In addition, because the sideways range after the previous rise may experience temporary adjustments and sideways, it is wise to master this range to trade back and forth.

The first resistance level during the day is 63250, and the second resistance level is 64000. If the price approaches the first resistance, then Master believes that it has stabilized above the rising trend line, and 63000 can be set as support, and then we can continue to maintain a bullish mindset.

In addition, due to the resistance of the 120-day moving average in the 1-hour chart, we should also pay attention to whether the price can break through the 120-day moving average in the 1-hour chart.

The first support for the day is 62600, and the second support is 62120. Master believes that the price of BTC should not be adjusted to the first support, because if the price reaches the first support again, then this will be a bearish trend again.

Of course, you can try to see a rebound in short-term trading, but if the price falls below the first support, then BTC will still turn to a bearish trend in the short term.

In today's trading, Master believes that yesterday's support near 61000 is still valid for the time being, so today I will continue to maintain a bullish mindset.

The current price is retesting the 63000 range, and it is uncertain whether it can be successfully broken through. Therefore, Master suggests that intraday trading can be handled conservatively, and wait and see near 63000 before deciding the entry trading position.

Please refer to the following information when trading

5.10 Master's short-term pre-buried orders:

Long entry reference: 62200-62600 range, long in batches, defense 500 points, target 63400-64000

Short entry reference: 63600-64000 range, short in batches, defense 500 points, target 62600-62120

The content of this article is exclusively planned and released by Master Chen (public account: Master Chen, the God of Currency). If you need to know more about real-time investment strategies, unwinding, spot contract trading methods, operating skills, and K-line knowledge, you can add Master Chen to learn and communicate. I hope it can help you find what you want in the currency circle.Focusing on BTC, ETH and altcoin spot contracts for many years, there is no 100% method, only 100% following the trend; daily update of macro analysis articles, technical indicator analysis of mainstream coins and altcoins, and spot mid- and long-term review price forecast videos.

Warm reminder: Only the column public account (pictured above) in this article is written by Master Chen, and the other advertisements at the end of the article and in the comment area have nothing to do with the author! ! Please carefully distinguish the true from the false, thank you for reading. $BTC $ETH

Master Chen 5.9: The market support and resistance conversion. Can the shorts start to pay attention to the first support $BTC $ETH
#BTC走势分析 #BTC走势分析 #短线交易 #BTC

BTC 4 hours:

The current price of Bitcoin has returned to the previous downward trend line after falling below 61,000. Although the downward trend has increased, Master Chen personally believes that if it continues to fall, it will be a good buying opportunity.

The first resistance of the day is 61,800, and the second resistance is 62,820. At present, BTC can only turn into a bullish trend when the price can return to the vicinity of the first resistance. Considering that the previous downward trend line has been lost, it needs to be converted from a support level to a resistance level in the short term.

In addition, Master Chen believes that even if there is a rebound in the short term, the downward space is still valid. Before breaking through the downward trend line again, Master Chen will continue to maintain a bearish mindset.

The first support for the day is 60230, and the second support is 59000. In the short term, the master will regard the first support as the low point, so short-term trading can try a short-term rebound near the first support. If it falls below the first support, the space below will open up further, and the medium-term short target will be down to 59000.

Therefore, in today's trading, the master will maintain a bearish mindset and trade accordingly. Secondly, during the rebound, due to the large resistance above, the master will plan to pay attention to the resistance level and adopt a short strategy.

If BTC wants to turn into a bullish trend, it needs to break through the previous downward trend line or break through the first resistance level.

5.9 Master's short-term pre-buried order:

Long entry reference: 59900-60300 range, long in batches, defense 500 points, target 61000-61500

Short entry reference: 61600-62000 range, short in batches, defense 500 points, target 60800-60300

The content of this article is exclusively planned and released by Master Chen (public account: Master Chen, the God of Coins). If you need to know more about real-time investment strategies, unwinding, spot contract trading methods, operation skills, and K-line knowledge, you can add Master Chen to learn and communicate. I hope it can help you find what you want in the currency circle. Focusing on BTC, ETH and altcoin spot contracts for many years, there is no 100% method, only 100% going with the trend; daily updates of macro analysis articles, technical indicator analysis of mainstream coins and altcoins, and spot mid- and long-term review price forecast videos.

Warm reminder: Only the column public account (pictured above) in this article is written by Master Chen. The other advertisements at the end of the article and in the comment area have nothing to do with the author himself! ! Please carefully distinguish the true from the false. Thank you for reading.

Long holding, today's midday master layout 61800-62200 long, did you follow? If not, the master will give you the evening layout: 63500-63800 short loss: 64200 target: 62700-62500#BTC走势分析 #灰度撤回以太坊期货etf申请 #5月市场关键事件 $BTC $ETH

Master Chen 5.8: Short-term long-short pre-positioning has accurately won the first support to open the downward channel? #BTC走势分析 #BTC

BTC 4 hours:

The current price of Bitcoin is stable at around $62,000 in the absence of positive market conditions. Because there is no significant good or bad news, the market is moving sideways and volatility is decreasing.

From a macro-level analysis of the market, Donald Trump's possible return to the presidency, including de-dollarization and other factors, will have a relatively positive impact on Bitcoin.

In addition, according to the Bitcoin chart, it still fails to break through the downward trend line, causing the support level to also decrease. Without further good news, Bitcoin price may slowly decline after the shock.

The short-term first resistance level can be referred to $63,760, and the second resistance level is $64,550. If the current price can form a higher low and close on the rebound, then Shiye believes that the possibility of breaking through the first resistance will be greatly increased.

Therefore, when the price of Bitcoin reaches the psychological resistance level of $64,000 in the later period, there may be a short-term adjustment, and we can regard the first resistance as an appropriate profit-taking area for long orders.

According to Shi Ye’s analysis yesterday, Bitcoin has exceeded the 120-day moving average, which also increases Shi Ye’s short-term bearish view on Bitcoin.

The first support level is $62,160, and the second support level is $60,250. First of all, the first support level is also the low formed yesterday, so if it falls below, Shiye will maintain a bearish view.

At the same time, you can also pay attention to the support of the 60-day moving average. If it falls below, it will open a downward channel to $61,000. In addition, after Bitcoin failed to test the high point, the low point of Bitcoin is also lowering. Therefore, the first support and the 60-day moving average are the areas where the price must maintain support during the rebound.

In today's trading, as the chart shows Bitcoin rebounding after falling, Shiye will maintain his view of a short-term rebound. The first support and the 60-day moving average will also be regarded as key supports and regarded as areas for technical rebound. But if there is a big negative line on the K line and falls below the support, then the master will also change his mind to bearish.

5.8 Master's short-term pre-buried orders:

Long entry reference: 61800-62200 range, long in batches, defense 500 points, target 62900-63700

Short entry reference: 63000-63400 range, short in batches, defense 500 points, target 62200-61800

The content of this article is exclusively planned and released by Master Chen (public account: Master Chen, the God of Coins). If you need to know more about real-time investment strategies, unwinding, spot contract trading methods, operating skills, and K-line knowledge, you can add Master Chen to learn and communicate. I hope it can help you find what you want in the currency circle. Focusing on BTC, ETH and altcoin spot contracts for many years, there is no 100% method, only 100% going with the trend; daily updates of macro analysis articles, technical indicator analysis of mainstream coins and altcoins, and spot mid- and long-term review price forecast videos.

Warm reminder: Only the column public account (pictured above) in this article is written by Master Chen. The other advertisements at the end of the article and in the comment area have nothing to do with the author himself! ! Please carefully distinguish the true from the false. Thank you for reading.

Master Chen 5.7: Bears take advantage of the trend and pay attention to key trend line support #比特币减半完成 #btc走勢 #比特币盈利 $$$$$$

BTC 1 hour:

Yesterday, the U.S. Securities and Exchange Commission (SEC) filed charges against Robinhood, a virtual asset and stock trading platform, for possible violations of securities laws. And predicted future legal sanctions, the market reacted poorly to this and regarded it as bad news.

However, from the perspective of technical analysis, Bitcoin is facing short-term trend line resistance while maintaining long-term trend line support. Because Bitcoin did not fall below the bottom of the box, but raised the low point of the long-term trend line, we can still maintain the view of rising in the short term.

The first resistance level of the day is $63,900, and the second resistance level is $64,400. If the price breaks through the first resistance, then we can expect the price to test 64,000 again. But at present, we need to pay attention to whether the price raises the low point and ensure that there is a rebound if the support strength is effective.

In addition, if Bitcoin breaks through the high of 64,400 again, there is a great possibility that it will test 65,000.

The first support level is $63,400 and the second support is $62,900. If the first support can stabilize the high point during the rebound, the bullish view can still be maintained in the short term. Since the second support is the bottom of the box, we can set it as the key support.

However, if the price falls back to the second support again, it will mean breaking the long-term trend line, so we will need to switch to a bearish mindset.

In today's trading, we will keep observing the long-term trend line and maintain the rebound view in the short term.

However, due to the current lack of trading volume, the master will look for short-term long opportunities near the resistance zone. And pay attention to trading volume and price fluctuations during the breakthrough, and then re-plan the trading ideas.

5.7 Shiye short-term pre-buried orders:

Long entry reference: 63000-63400 range long in batches, defense 500 points, target 63900-64400

Short entry reference: 63900-64300 range short in batches, defense 500 points, target 63200-62900

The content of this article is exclusively planned and released by Shiye Chen (public account: Shiye Chen, the God of Currency). If you need to know more about real-time investment strategies, unwinding, spot contract trading methods, operating skills, and K-line knowledge, you can add Shiye Chen to learn and communicate. I hope it can help you find what you want in the currency circle.Focusing on BTC, ETH and altcoin spot contracts for many years, there is no 100% method, only 100% going with the trend; daily update of macro analysis articles, technical indicator analysis of mainstream coins and altcoins, and spot mid- and long-term review price forecast videos.

Warm reminder: Only the column public account (pictured above) in this article is written by Master Chen, and the other advertisements at the end of the article and in the comment area have nothing to do with the author! ! Please carefully distinguish the true from the false, thank you for reading. $BTC $ETH

BTC's next target worth paying attention to is #BTC走势分析 #BTC🔥🔥🔥🔥🔥🔥 #比特币盈利

BTC price has reached $64,550 after breaking through the recent resistance, and the current upward momentum is accelerating. Therefore, in this price range, as shown in the red circle in the figure, it is the area of ​​support and resistance conversion.

Therefore, friends who want to go long in the evening pullback can buy at $64,550, but Master believes that the most ideal long position is to enter the market after confirming that the price has been converted from the support and resistance level to form a buying point.

In addition, you can also use the 25EMA at the 1-hour level as the second point for going long. The price is around $64,139, and the long target point can be seen at $65,500-66,000. $BTC $ETH

Master Chen 5.6: The selling pressure of the market is reduced. The callbacks within the rising trend line are mainly #BTC走势分析 #BTC🔥🔥🔥🔥🔥🔥 #比特币现货ETF持续淨流出

BTC 1 hour:

At present, Bitcoin is in an upward trend at the 1-hour level, and it has been in a small callback rebound from last night to this morning.

So for the bullish trend, Master Chen believes that the first is that Grayscale ETF recorded its first net inflow, and the inflow of market funds has driven the rebound. Net inflow also means that the selling pressure of Bitcoin is decreasing, while demand is increasing.

The first resistance of the day is 64060, and the second resistance is 64400. At present, the third backtest of the first resistance has failed, so multiple failures to break through the upper resistance zone may lead to selling pressure.

Although the market is in an upward trend in the short term, it should be noted that if the upward trend breaks through again, more shorts will enter the market, so the bullish idea can only be traded in the ultra-short term.

The first support at the 1-hour level is 63540, and the second support is 63120. Then for the short-term downside space target, we can see the first support line. Although it is possible that it may rebound before reaching the first support line, I am more optimistic about the lower shadow formed by the K-line, so I will regard the first support as an important short-term support.

If the price falls below the trend line, we need to immediately turn to a bearish mindset and look for opportunities to rebound from the support level.

In today's trading, the 1-hour level trend shows a volatile upward trend, so I will maintain a bullish mindset in the short term. However, if the price falls below the rising trend line in the figure, we can take a bearish mindset in the short term and pay attention to the support strength below the falling trend line.

5.6 Master's short-term pre-buried orders:

Long entry reference: 63100-63500 range, long in batches, defense 500 points, target 64100-64600

Short entry reference: 64400-64800 range, short in batches, defense 500 points, target 63540-63200 (light position)

The content of this article is exclusively planned and released by Master Chen (public account: Master Chen, the God of Coins). If you need to know more about real-time investment strategies, unwinding, spot contract trading methods, operating skills, and K-line knowledge, you can add Master Chen to learn and communicate. I hope it can help you find what you want in the currency circle.Focusing on BTC, ETH and altcoin spot contracts for many years, there is no 100% method, only 100% going with the trend; daily update of macro analysis articles, technical indicator analysis of mainstream coins and altcoins, and spot mid- and long-term review price forecast videos.

Warm reminder: Only the column public account (pictured above) in this article is written by Master Chen, and the other advertisements at the end of the article and in the comment area have nothing to do with the author! ! Please carefully distinguish the true from the false, thank you for reading. $ETH $BTC $

Master Chen 5.5: Trading within the consolidation range and waiting for the end of the convergence triangle #BTC走势分析 #美国4月非农就业人口增加不及预期 #BTC🔥🔥🔥🔥🔥🔥

BTC1 hour:

Bitcoin is currently entering a correction phase after retesting its highs. The market has experienced a significant decline and has recently experienced a significant rebound due to concerns about long-term high interest rates.

The master is concerned that many investors are currently in a state of hesitation, unsure whether now is a good opportunity to enter the market or a time to stop losses if they are cheated. In situations of low trading volume such as weekends, the market direction may often be unclear due to the influence of individual buying and selling behaviors. It is also prone to unexpected fluctuations, so everyone needs to pay special attention.

In the environment of long and short divergence in the past two days, it is crucial to grasp the support and resistance levels. During the day, the master also recommends that everyone can refer to the trend line for trading.

The first resistance level during the day is 63380, and the second resistance level is 64550. We can set the first resistance as short-term resistance. If the price breaks through, Bitcoin will retest $64,000.

If the 1-hour level fails to break through a new high after falling, further sideways adjustments are possible. Therefore, if there are long friends, when the price reaches the resistance zone, it is recommended to take profits first and then observe the market trend.

The first support during the day is 62640, and the second support is 62100. So for today's short-term trading, the first support can be regarded as an entry point for long orders, which is located near the upward trend line.

If the market falls below the rising trend line, then the master will turn to a bearish thinking. In today's trading, considering that the price of Bitcoin has slowly fallen, we can look for long areas after the callback in the small-level chart and try to find opportunities for rebound.

In view of the current trading volume, the master believes that it is not appropriate to expect the market to break through the high point again in a short period of time. The master predicts that prices will continue to move sideways, and the direction will be determined after the convergence triangle ends.

5.5 Shiye’s short-term prepaid order:
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Reference for long entry position: do long in the 62640-63000 range in batches, defend 500 points, target 63800-64500

Short selling entry position reference: 64150-64550 range short selling in batches, defense 500 points, target 63380-63000

The content of this article is exclusively planned and released by Master Chen (public account: Master Chen, the God of Coins). If you need to know more about real-time investment strategies, unwinding, spot contract trading methods, operating skills, and K-line knowledge, you can add Master Chen to learn and communicate. I hope to help you find what you want in the currency circle. Focusing on BTC, ETH and altcoin spot contracts for many years, there is no 100% method, only 100% going with the trend; daily updates of macro analysis articles, technical indicator analysis of mainstream coins and altcoins, and spot mid- and long-term review price forecast videos.

Warm reminder: Only the column public account (pictured above) in this article is written by Master Chen. The other advertisements at the end of the article and in the comment area have nothing to do with the author himself! ! Please carefully distinguish the true from the false. Thank you for reading.

Master Chen 5.4: Trend reversal? The market still needs to build a bottom! #比特币现货ETF持续淨流出 #美国4月非农就业人口增加不及预期 #BTC走势分析 #BTC🔥🔥🔥🔥🔥🔥

BTC 4 hours:

With the sharp slowdown in the US labor market and the increased possibility of interest rate cuts, the price of Bitcoin has risen by more than 6%. In addition, with the release of employment indicators that directly affect inflation, the market has also reflected expectations of easing inflation.

Since the 4-hour downward trend line mentioned by Master Chen in the article the day before has been broken, I think the trend has changed, so Master Chen will continue to be bullish on the weekend market.

The first resistance level of the day is 62850, and the second resistance level is 63640. When the price breaks through the first resistance area, we can expect Bitcoin to retest the 63000 area.

In addition, due to the selling pressure above, it may go sideways for a period of time, and it can also be preliminarily determined to build a bottom below. Master Chen personally believes that there is a high probability that the high point will continue to refresh, so it is very important to grasp the appropriate adjustment for trading.

The first support level during the day is 62200, and the second support level is 61720. If the price adjusts, I think the first support is an appropriate adjustment point.

You can pay attention to whether there is a low point in the small-level trend. The second support is the long upper shadow line that appears after the K-line forms a large positive line. So if the price falls below the first support in the short term, the master will consider the short-term bearish view.

In today's trading, considering that the price has broken through the trend line, I will continue to enter the market with a bullish view. In addition, due to the sharp rise in the price of BTC, the master is more inclined to restart the long position after bottoming out below, rather than directly rising sharply.

So when the price enters the overbought zone, everyone also needs to pay attention to adjusting the direction, while maintaining a bullish view of the callback.

5.4 Master's short-term pre-buried order:
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Long entry reference: 61800-62200 range can be long, defense 500 points, target 62850-63500

Short entry reference: 62850-63400 range can be short, defense 500 points, target 62200-61800

Many people had pre-buyed 59,000 points at noon, and now they have won 800-1,000 points. Both the technical and non-agricultural data are as expected. Congratulations to those who followed the master's real-time layout! #BTC走势分析 #非农就业数据 #合约挑战