Crypto Circle Academician: Bitcoin Afternoon Surge to Test Resistance at 74,500, How to Respond Above? Latest Market Analysis



The recent surge of Bitcoin to 74,500, how many people are staring at the screen in a panic? Some chase the high and get shaken off, while others in the north hold onto the trend and profit, and some crypto friends panic because they didn't set stop-losses during the pullback. Actually, the crypto market isn't about gambling on size or chasing news, but about following the trend, maintaining good rhythm, and managing risk properly. Never draw big pie charts; in the afternoon, use the two-hour and fifteen-minute combined signals to clarify the current trend, key support levels, and entry opportunities. Even beginners can directly reference this—after reading, you'll know how to respond next.

On the two-hour chart, Bitcoin stands above all EMA lines, forming a clear bullish arrangement. The moving average system has reversed from the bearish trend that started in late March, forming an upward-diverging support band. The MACD red bars continue to enlarge, with DIF and DEA maintaining high-level upward movement, indicating that bullish momentum has not significantly weakened; Bollinger Bands are opening upward, with the price running along the upper band, showing no obvious top divergence signals. The current trend has strong continuation, with short-term support moving up to around EMA15.

On the fifteen-minute chart, after starting from a low of 70,458, the price has moved in a smooth upward trend, currently oscillating near 74,500 at a high level. After EMA15 and EMA30 formed a golden cross, they continued upward, and the moving averages still support firmly; however, the MACD red bars have started to shrink, and DIF and DEA show signs of turning downward, indicating that short-term bullish momentum is weakening. The upper Bollinger Band near 74,510 is creating resistance, while the lower support at 74,197, and the current stage is a battle between trend continuation and short-term correction.

Latest Entry Recommendations

Pull back to the 74,200–74,300 zone for light long entries, with a stop-loss at 73,900, targeting 75,000 to 75,500. After breaking through, look for extension toward previous highs.

If the price fails to break through 74,800–75,000 and pulls back to test positions, set a stop-loss at 75,400, with targets at 74,200 to 74,000. The current bullish trend is clear; shorting is only suitable for short-term trading. Prioritize trend-following operations and strictly control position sizes.

Up to now, the biggest fear in the market is chasing after gains when prices rise and panicking when they fall. Even though the trend is bullish, many still try to catch the top and short, only to be repeatedly slapped in the face by the market; during pullbacks, they fear further drops and dare not go long, watching the trend continue upward helplessly. Actually, in the crypto market, profits are not made from single big gains but from riding the trend steadily. Manage your stop-loss well, don’t go all-in, and don’t let a single wave disturb your rhythm. Leave the rest to the market. #加密市场回升 $BTC
BTC4.03%
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