Brother Tong's Open Strategy


The current price is around 78,000 with fluctuations, which is a consolidation after a shakeout, with a complete bullish structure and an ongoing upward trend.
This round is not a top and fall but a recharging after correction.
The news has been fully cleared: the fake news about Iran's air defense in the early morning, Israel's refutation, has completed the full cycle of "panic crash → refutation rebound," and the negative logic has completely disappeared.
The market has returned to the original bullish trend.
The shakeout is complete: a thousand-point plunge from 78,620 to 76,900 has cleared out the trend-following longs, and the weak hands have exited.
The low-position funds have entered, and the bullish structure remains intact without any breakdown.
The current fluctuation essentially: the sideways movement around 78,000 is a relay and accumulation after a sharp decline, not a sign of weak upward momentum, but a digestion of profit-taking to prepare for further upward attack.
Entry: a cautious long position on the retracement between 77,500 and 77,900.
Stop-loss: 77,200
Target levels:
First target: 78,600 (previous high)
Second target: 79,000+ (extension space after breakthrough) $BTC #比特币反弹
BTC-0.56%
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