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4.24 BTC Morning Market Analysis
After dipping to 76504 in the early hours, it rebounded strongly. Buying support at low levels remains strong, and bearish momentum has clearly weakened to the point of exhaustion. On the 1-hour timeframe, price has held above the Bollinger middle band; the dual moving averages have formed a golden cross to support the bottom, making the short-term long trend clear.
Support at 76800-77300 is solid. A pullback in the morning is a low-buy opportunity. After it stabilizes and breaks above 78600, the upside potential will be further opened, and the overall outlook remains firmly bullish.
Buy in batches within the 76800—77300 range
Target: 78700-79500
Do a good job on risk control, follow the trend, and hold to see an increase $BTC