Market Trends: High-level Volatility, Intense Battle at the 760 Level



Bitcoin sharply rebounded in the early morning, with a 24-hour increase of 5.7%, breaking through 755 on the northbound side before pulling back for correction.

On the technical side, the daily chart shows a "long upper shadow + decreasing volume correction" pattern, with significant selling pressure at 760 but solid support at 735. The 4-hour chart forms an ascending triangle. Moving averages are entangled, and no clear trend reversal signals have appeared yet. If the price cannot effectively break through the 760-770 range upper boundary, it may continue to fluctuate and adjust.

Trading suggestion: Lightly buy on dips around 740, stop loss at 732, first target at 760, and look for a breakout toward 772.
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