Crypto Circle Li Ying: The battle between bulls and bears on 4.20 is heating up; Bitcoin’s triangular consolidation is coming to the final stage! Latest market analysis and trading suggestions


  
  Family members! Bitcoin is currently trading at 75,665, tightly hugging the middle band of the Bollinger Bands at 75,952 with narrow fluctuations. The Bollinger Bands are contracting: the upper band is 77,078 and the lower band is 74,825. The price being near the middle band indicates that the bulls and bears are temporarily in balance. Judging from the candlestick structure, after a rebound the price has entered a choppy consolidation phase. The intraday high of 75,853 was suppressed by the middle band and failed to break through. The moving average system shows a complex arrangement: MA7 is below MA30, indicating that short-term selling pressure still remains, but MA120 is rising steadily, forming a key support below. Overall, the structure leans toward neutral consolidation: the price forms a range box between the Bollinger middle band and MA30. If the price can break through the middle band with increased volume and hold above 76,200, it may move toward the upper band; if it breaks below the 75,300 support, it may look for support near the lower band at 74,825.
  
  The MACD indicator shows both DIF and DEA below the zero line, and the histogram’s green bars are shortening, suggesting that bearish momentum is weakening. At 75,665, the price forms a slight bottom bullish divergence with MACD: recent lows have not made new lows, while MACD lows are gradually rising, indicating a need for technical correction. Combined with volume observation, the current amplitude is only 0.30%, the market is relatively quiet, and both bulls and bears are waiting for directional signals. If DIF crosses above DEA to form a golden cross, together with the price holding above the middle band, a rebound may be triggered. If the MACD green bars expand again, be alert for the risk of another attempt to test the lows. Currently, the market is in a shrinking-volume consolidation stage. In the 74,800-75,000 area, there are dual supports from the lower Bollinger Band and MA120. In the 77,000-77,200 area, there is composite resistance from the upper Bollinger Band and prior highs.
  
  Short-term hands-on trading strategy (taught by Li Ying, precisely aligning with the live order book
  
  Long strategy: 74,500-75,000, target 76,200 aiming for 76,800, stop loss 74,000
  
  Short strategy: 77,000-77,500, stop loss 78,000, target 76,000 aiming for 75,500
  
  Li Ying’s message: The crypto market is not short of opportunities; what’s missing is the eye to see through the essence and the strict execution. Keep your mindset steady, and you’ll have the last laugh!
  
  Risk warning: The analysis above is based on Li Ying’s real-time market view and market data and is for reference only; it does not constitute investment advice. Trading risk is borne by you.$BTC #山寨币强势反弹 #GatePreIPOs首发SpaceX
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