BTC Bitcoin Today Long Position Open Strategy

1. Core Market Judgment

1. This morning, the price completed a secondary dip and rebound, after receiving strong support near the lower Bollinger Band at 76903.2, it quickly bounced back, currently re-establishing above the middle Bollinger Band at 77137.4, indicating the short-term bearish momentum has been exhausted, and the bullish trend is once again dominating the market.

2. The upper Bollinger Band at 77350.7 and the previous high at 77380 serve as strong intraday resistance levels. The current price still has clear upward room; the middle Bollinger Band at 77137.4 is the key support for the bulls, crucial for trend continuation judgment.

3. Recently, the candlestick charts have repeatedly shown long lower shadows, indicating very strong buying support below, significantly compressing the correction space. The bulls’ support remains strong, and upward momentum is likely to continue.

2. Trading Suggestions

Entry: 76,500 - 76,000
First target: 77,500
Second target: 78,500 (caution required, should be combined with increased trading volume, take profits in stages)

3. Core Logic for Going Long

1. Bollinger Band Momentum Verification: After the Bollinger Bands shifted from opening downward to contracting and flattening, today’s signs of the middle band turning upward and the upper band opening away from the middle band indicate market volatility has shifted to bullish dominance, gradually opening up upward space.

2. Healthy Support Zone: The current price is operating above the middle Bollinger Band, in the most healthy bullish zone between the middle and upper bands. As long as the support at the middle band is not effectively broken, the upward trend will remain intact.

3. Buying Support Confirmation: Multiple dips have been quickly pulled up, showing very strong buying support below. The selling pressure from bears is rapidly absorbed, making dips opportunities for low buying. The bullish trend’s continuation is clear.