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Long positions are about to launch! BTC is powering up strongly in the evening, aiming for a new high!
BTC remains in a high-level range consolidation today. After a pullback, support is strong; the pullback is essentially without any meaningful force. Overall, it still maintains a strong upward structure. Earlier, we highlighted that Big Pie 75600 is bullish. Currently, it has already reached the 78400 area. Although there is a short-term pullback, it clearly is normal accumulation and a shakeout during an ongoing uptrend, building energy for the next push higher.
On the daily level, the uptrend remains complete; the medium-term long-side structure has not changed, and the overall direction is still upward. On the 4-hour cycle, after the pullback to a key support level, it stabilized and rebounded. The middle band of the Bollinger Bands provides effective support. Bearish momentum on the MACD is gradually weakening. The KDJ turns upward from the low zone. The short-term rebound signal is clear. Support below is solid, and a pullback is a low-buy opportunity.
Wednesday night Big Pie trading suggestion: enter long positions in batches within the 77500-77000 range. Place a stop loss below 75800. First, look at the 79000-81000 target; if it breaks through, it can continue to look up toward the 84000 area. For more steady traders, hold your coins and wait for the rise, and defend with 75500; in the medium term, continue to look for new highs. $BTC