Coin Circle Liying: The Bitcoin technical pattern narrows on April 22, and the breakthrough may decide the medium-term trend! Latest market analysis and trading suggestions

　　Family! The current price of Bitcoin is 75,900, which is at a critical decision point for the short-term trend. Currently, it is experiencing narrow fluctuations around the middle track of the Bollinger Bands. The Bollinger Bands show a converging pattern, indicating a contraction in market volatility, brewing a new directional breakthrough. From the moving average system, the short-term moving average MA7 and the medium-term moving average MA30 continue to entangle, indicating weak directional guidance, but MA120 remains steadily upward, providing deep support for the price. The main resistance area above the current price is between 76,500 and 77,000, while the key support is at the integer level of 75,000 and near the lower track of the Bollinger Bands. The overall structure displays characteristics of a converging triangle consolidation, with the price movement space continuously being compressed, signaling an imminent change in market direction.

　　From the momentum indicator, observing the MACD after the high position dead cross above the zero axis, it is currently running downward but the length of the green bars has shortened, showing signs of exhaustion in the downward momentum. At the same time, the price during the retracement process has not been accompanied by a continued increase in trading volume, indicating that selling pressure mostly comes from short-term profit-taking rather than active large-scale short selling. The price has repeatedly received support and bounced back above 75,000, which also indicates a strong bullish defensive willingness at this position. Therefore, Liying maintains the bullish mindset, and as long as the key support is defended well, it will be sufficient.

　　Short-term trading strategies (Liying’s personal guidance, accurately aligned with the market)

　　Long strategy: 75,000-75,500, target 76,500 aiming at 77,500, stop loss 74,500

　　Short strategy: 76,500-77,000, stop loss 77,500, target 75,500 aiming at 74,500

　　Liying’s message: The cryptocurrency circle does not lack opportunities; what is lacking is the eye to see through the essence and the hand to execute strictly. Stabilizing the mindset is key to laughing until the end!

　　Risk warning: The above analysis is based on real-time market data and is for reference only, not constituting investment advice. Trading risks are borne by the individual.

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