Bitcoin continued its strong performance yesterday, moving higher in a stepwise pattern: it surged directly to a high of 74,800 in the morning, with narrow fluctuations and minimal room for a pullback during the daytime, indicating a solid bullish structure; in the evening session, it moved in tandem with the US stock market again, reaching a high of 75,900, but attempts to test 75,600 twice were met with resistance, showing clear short-term resistance at high levels, and it is currently consolidating around 73,700 after a pullback. The core of the market lies in high-level correction and volume structure: the previous stepwise rise was supported by strong buying interest, with shallow pullbacks and rising highs, indicating a healthy bullish trend; however, continuous resistance around 76,000 with no corresponding increase in volume suggests diminishing upward momentum. In the short term, the market is entering a consolidation correction, with key support at 73,500-73,700; if this support is broken, the price may decline to the 71,500-72,200 range; if support holds and volume recovers, there is still potential to challenge resistance at 75,600-76,200.

BTC-0.41%
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BullAndBearBattle
· 5h ago
Get in quickly!🚗
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