Intraday major support and resistance movements are indeed frustrating. Bitcoin's white support has been oscillating downward all along, with a sharp decline of over a thousand points. It wasn't until the evening that the market saw a recovery rebound, returning to the 78,600 level with sideways pressure. Early in the session, we arranged a multiple order for Bitcoin, but the entry points and timing were poorly executed, getting caught right after entering, holding all day. Fortunately, through subsequent adjustments to average prices and controlling the position size, the rebound in the evening allowed us to exit profitably. The "multiple order" for Auntie Ta was more regrettable; the early order was directly hit the stop-loss and regrettably exited. Later, after observing the market stabilize, we re-entered a multiple order. Although some of the initial losses were recovered, overall it was still a small loss. Ultimately, today's trading was too aggressive, and misjudging the market rhythm led to this outcome. We will reflect carefully, strictly adhere to trading discipline, and be more cautious with each operation.

From the current market view, the overall bullish pattern of Bitcoin has not undergone any substantial change. On the daily chart, after forming a bottom and stabilizing around the 60,000 support level earlier, the market has been in a rebound upward channel, steadily staying above the moving averages. As long as the critical support around 72,000 is not broken, the upward structure will not reverse. However, the higher the price climbs, the stronger the selling pressure and profit-taking willingness, so blindly chasing highs is still not advisable. On the four-hour chart, after Bitcoin faced resistance at the high point of 79,500 during the recent surge, it entered a high-range consolidation pattern. After testing the mid-range support at 77,100 and rebounding, the current core trading range is between 74,700 at the lower end and 79,500 at the upper end. Moving forward, close attention must be paid to these two key levels: only a successful breakthrough of the upper boundary at 79,500 can open a new upward channel; if the mid-range support at 77,000 is broken, the market will test the lower boundary of the range. Currently, the market still needs a correction and consolidation. On the hourly level, Bollinger Bands are narrowing, forming a tight oscillation channel. The price repeatedly tests the lower band, confirming the short-term support. The fast and slow lines are oscillating around the zero axis, indicating a tug-of-war phase. Although the market saw a volume-driven rebound in the evening, it failed to break through decisively. Expect the market to likely retest the lower support levels overnight. In the short term, a slight pullback or consolidation is possible, but the long-term bullish trend remains intact. The overall trading strategy should focus on low buy-in points.

Bitcoin: Support around 77,300, aiming for 79,000.
Auntie Ta: Support around 2,300, aiming for 2,380. $BTC $ETH #以太坊Meme季卷土重来 ‌ ‌