Bitcoin is currently in a high-level correction stage after a strong mid-term uptrend, and the daily-level bullish trend has not yet been broken. After the price touched the previous high of 78300, it showed normal profit-taking pullback. In the short term, it will mainly focus on consolidation and repair. Next week, it is highly likely to first pull back to the 74500-75000 range to confirm support. As long as support is not effectively broken, there is still motivation to challenge the previous high again and push toward the 80000 psychological level.



From the perspective of key influencing factors, next week’s market sentiment will still be dominated by macro factors. Focus on US inflation data and Federal Reserve policy signals, which will directly affect market expectations for rate cuts and, in turn, drive Bitcoin’s volatility. At the same time, spot ETF fund flows are the core barometer. Sustained inflows will provide strong support for prices; conversely, they may amplify the size of the pullback, and even cause Bitcoin to further dip into the 73000-71000 range.

In terms of trading, in the short run you can watch for signs that the 74500-75000 range has stabilized. If support is effective, you may take a small long position with a stop-loss set below 73000. If the previous high of 78300 is directly broken, you can follow the momentum to look for a new high. For the mid-term, as long as you do not fall below the mid-term support of 70000, the bullish trend will not change. Pullbacks are still an opportunity for low-cost entries. In your trading, be sure to control position size, set and carry stop-losses, and avoid chasing highs or blindly bottom-fishing. A long-term thinking for phase one is all we’ll say here.
$BTC $ETH $RAVE #山寨币强势反弹 #美伊局势和谈与增兵博弈 #美股创下历史新高
BTC-2%
ETH-3.03%
RAVE-89.33%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin