There is no need to showcase your strength excessively, what is important is to gain recognition from more people. In the investment journey, it is more important to focus on improving yourself rather than proving your strength to others. Whether you are a donkey or a horse, take them out for a walk and you will know.

As a senior figure in the cryptocurrency circle, I have always been dedicated to providing beneficial advice to everyone, hoping that everyone can avoid detours and mistakes in this market. Although I speak earnestly, the path of investment still needs to be explored by oneself. Learning is endless, and the experiences gained are the true wealth!

Here, I wish my fans will achieve financial freedom in 2024. Let's fight together!

Cryptocurrency academician: September 14, 2024 Bitcoin (BTC) latest market analysis reference.

The Bitcoin bulls have finally opened up. They entered at 56,000 and have gained nearly 3,000 points of profit. Before the publication, the highest daily candlestick of Bitcoin reached 59,700, and now there are mostly long positions around 56,000. Everyone can continue to refer to it. Whether you look at the previous article or not, the key is not to rush to exit. As long as you are not afraid of a retracement below 58,500, there is no need to hurry.

The daily candlestick trend indicators are starting to contract, and the daily candlestick has also broken through the EMA30.Support level.58600 has now become a support point, starting to challenge the EMA60 trend resistance at the integer mark of 0.06 million. MACDVolume increase in funding, no shrinking, the top resistance level has reached 63000. The medium support level at 58200 has now become a support point, which can be used as a retracement stop-loss point. Even if you missed the entry, you can wait for another opportunity to enter.

Currently, in the four-hour trend indicators, the bulls have taken the dominant position. EMA trend indicators are starting to contract, and the EMA15 fast trend indicator has already broken through the EMA120.Resistance57900, the EMA15 support has also broken 58000 and is further stretching, it is expected to impact the 58500 position, you can pay attention to it. The MACD volume has increased, and the DIF and DEA are diffusing above the 0 axis. The top deviation of the four-hour MACD technical indicator in this round is already clear, and it has deviated to the 0.06 million level. As for whether it can deviate further, it will take more time.

Short-term thinking reference: Since the market is not 100%, it is necessary to set a stop loss for safety first. The goal is to minimize losses and maximize profits.

Short positions from 61000 to 61500, defend and add to the short position from 62000 to 62300, with a stop loss of 500 points. The target is to see 60000 to 59500, and if it breaks, look at 59000.

Long positions from 58500 to 58200, defend and add to the long position from 58000 to 57800, with a stop loss of 500 points. The target is to see 59500 to 60000, and if it breaks, look at 60500 to 61000.

Specific operations should be based on real-time market data. For more information, please consult the author. The publication of articles may be delayed, so it is recommended for reference only and at your own risk.

This article is exclusively provided by the Academician in the crypto circle, representing the exclusive views of the Academician. The opinions and suggestions about BTC, ETH, DOGE, DOT, FIL, EOS, etc. are based on in-depth research. Due to the timing of article publication, the above views and suggestions are not real-time and are for reference only. Please indicate the source if you repost. Please control your positions reasonably and avoid overexposure or full positions. The Academician also hopes that investors understand that the market is always right. If you make a mistake, you should reflect on yourself and not let the potential profits slip away. There is no need to be smarter than the market when it comes to investment. When the trend comes, follow it; when there is no trend, observe and wait. It is not too late to start after the trend becomes clear. Tomorrow's success comes from today's choices. The heavens reward hard work, the earth rewards kindness, people reward sincerity, commerce rewards trust, industry rewards excellence, and art rewards dedication. Gains and losses happen inadvertently. Develop the habit of strictly setting stop-loss and take-profit for each trade. The Academician in the crypto circle wishes you a pleasant investment journey!