4.24 The rebound after the death cross of Bitcoin is in line with historical laws. In the short term, we need to pay attention to the effectiveness of the 50-day moving average support. Before the medium- and long-term trend is damaged, the pullback is re

Summary and analysis of the rebound after the death cross: The historical law of the death cross (the 50-day moving average crosses the 200-day moving average) is often regarded as a bearish signal, but Bitcoin historical data shows that it often forms a local low point after the cross and rebounds. For example, after multiple crosses from 2021 to 2024, they rebounded, and even hit record highs. Panic selling often occurs on the day of the intersection, but it is the low point at this time, and investors are prone to missing subsequent rebound opportunities. It is recommended to avoid selling on cross-days, but instead to advance or delay operations. Current market trend interpretation The short-term rebound has been verified pattern: Bitcoin fell from $87,000 to cross lows and rebounded quickly to $91,000, and its dominance rose to 64% (altcoins such as Ethereum are relatively weak). Key support and resistance: The 50-day moving average (84K) is an important short-term support, and if you hold it, you may continue the upward trend (refer to the 2023 trend). The retracement after the 200-day moving average breakout is a sign of a continuation of the bull market. If it falls, you need to be vigilant about a deeper pullback. The 2024 high (about 73K) is the long-term bull and bear dividing line, and the trend remains optimistic before it falls below the previous and medium-term trend. The future trend possibility is optimistic scenario: Hold the 50-day moving average and break through the previous high, copy the trends in 2021 and 2023, and start a new upward cycle. Caution scenario: Similar to 2019, a lower high is formed after a rebound, and long-term support needs to be tested (such as the 2024 high) before restarting the rise. Risk warning: If the weekly line closes below the 2024 high, or the S&P index breaks simultaneously, it may indicate a deeper adjustment. Investment strategy recommends avoiding emotional operations: selling on the day of death crossing is easy to regret, and focus on medium- and long-term trends rather than short-term fluctuations. Key position layout: Build positions in batches near the 50/200-day moving average. If it falls below, wait for a higher low point signal. Pay attention to macro variables: the Fed's monetary policy shift (such as ending balance sheet reduction) may become a catalyst for a new round of market trends. Core conclusion: The rebound after the death cross is in line with historical laws, and we need to pay attention to the effectiveness of the 50-day moving average support in the short term. Before the medium- and long-term trend is damaged, the callback is regarded as an opportunity to layout, but we need to be wary of deeper corrections caused by macro risks. #Bitcoin surge#Bitcoin market analysis#Bitcoin market analysis#Bitcoin market analysis#Bitcoin analysis#btcanlysis