April 24th Market Outlook | Range-bound Consolidation, Waiting for a Breakthrough

Currently, Bitcoin is stuck in the 77k–79k range, with weak upward momentum and no volume on the decline, a typical situation—after a rally, it’s gathering strength here. The overall trend is fine, but short-term momentum is indeed weakening, today looks more like a back-and-forth grind, slowly digesting the previous gains.
From a structural perspective:
Price has been oscillating narrowly around 77,000–78,000 for 4 hours, forming a contracting triangle. The daily chart still remains above the moving average, indicating the bulls haven't broken down, but volume is shrinking, suggesting both bulls and bears are waiting for a direction to emerge, but the final push is still needed.
Trading reference:
Pull back to the 77,200–77,500 zone, go long with a small position, first watch for a breakout above 79,500, then look at the 80,000 level.
Don’t chase blindly now, wait for a pullback to enter; the real trend will emerge after a breakout. #Gate13周年现场直击 #以太坊Meme季卷土重来 #孙宇晨起诉WorldLibertyFinancial #SpaceX花600亿购买Cursor #沃什听证会引发争议 $BTC $GT $ETH