Today’s Bitcoin Public Thinking (Wednesday):

Currently, Bitcoin (BTC) remains in a clear medium-term bullish upward structure. The recent slight pullback is a normal profit-taking after a continuous rally and does not indicate a trend reversal. The core support and upward momentum of the bullish trend remain intact, with no obvious signs of breakdown in the technical pattern. The medium to long-term bullish logic is solid, and the overall market still has the energy to continue rising.
Short-term Market Analysis:
The short-term trend is in a consolidation phase between 74,000 and 75,000, with bulls and bears engaged in a tense battle. Price fluctuations are narrowing, and trading volume is entering a resting state, typical of a phase where the market is gathering strength to choose a direction. Currently, there are no signals of a one-sided breakout. The market is likely waiting for volume to be released before choosing a breakout direction. Future focus should be on the effective breakouts of the upper and lower boundaries of this range to determine the next trend.
Operational Aspects:
Relying on the overall bullish trend, prioritize buying on dips. When the price falls back to the key support zone of 73,500–74,000 and shows signs of stabilization, consider gradually entering long positions. The first short-term target above is around the 75,000 resistance level. Once volume confirms a steady hold above this level, look toward the 75,500–76,000 range. If the price faces resistance upward and pulls back, breaking below the 73,000 key support, the short-term trend will change, and adjustments should be made promptly.
Operational Suggestions:
1. Strictly control position sizes; avoid heavy positions and chasing trades within the consolidation range to prevent unnecessary losses.
2. After entering long positions, set fixed stop-losses, rely on support levels for risk management, and prioritize small stops to capture swing gains.
3. Keep a close eye on news developments, monitor US stock market openings, macroeconomic data, and international market sentiment to prevent sudden news from breaking the consolidation pattern.
4. Until a clear breakdown occurs, treat the market as range-bound; after a breakdown, follow the trend without subjective bias on the direction. #WCTC交易赛瓜分800万USDT $BTC $ETH $RAVE