Academic of the Coin Circle: On May 21, Bitcoin consolidates and is ready to surge, a significant market-changing window is about to officially open? Latest market analysis and operation suggestions
Bitcoin's current price is 77500, the daily K-line is below EMA15 and EMA30, the moving average system is arranged downwards, and the short-term trend is bearish. Although the MACD indicator DIF is still above DEA, the red bars continue to shorten, indicating insufficient upward momentum, and overall it is below the zero axis, and the downward trend remains unchanged. The middle track of the Bollinger Bands is 79437 and is running downwards, applying strong pressure on the price, with the lower track at 76265 providing support. The current price is below the middle track of the Bollinger Bands, showing weak rebound strength, and there is still a risk of downward movement in the short term.

Since the high point of 82828, the four-hour K-line has fallen back into a震荡downward channel, with the current price at 77489, above EMA15 and below EMA30. Although the short-term moving averages show signs of turning, there is heavy pressure above. The MACD indicator DIF has broken through DEA upwards, with the red bars increasing, indicating a short-term demand for rebounds, but overall it remains below the zero axis, limiting rebound space. The Bollinger Bands are narrowing, with prices oscillating in the range of 76153-78062, and fierce competition near the middle track at 77107, with a possible continuation of range-bound movements in the short term.

Short-term strategy reference: Follow the trend of the big cycle, with small stop losses for quick in-and-out.
For the upward movement from 76800 to 76300, stop loss at 76000, targeting 77500 to 78200
For the downward movement from 77800 to 78200, stop loss at 78700, targeting 77000 to 76500
Have you tasted the feeling of a double kill again? I understand, I have made this mistake too: Chasing when the K-line is red, and cutting when it is green, resulting in chasing halfway up the mountain and cutting down on the floor, being beaten on both ends. Looking back now, it’s not the market that is difficult, but we are too rushed. Always thinking of becoming rich overnight, yet unable to even implement the most basic stop losses; always thinking I can buy at the bottom and sell at the top, and as a result, being taught by the market every time. In the coin circle, what is least useful is my opinion, what is most useful is recognizing my mistakes. Don’t stubbornly hold onto losses, don’t use heavy positions for small profits; being able to control your hands and protect your principal is more important than anything else. Treat this loss as a lesson learned; if you don’t make the same mistake next time, it won’t be a wasted loss.

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