Today’s Bitcoin Public Outlook


Market Analysis
1. The daily bullish structure remains intact, but continuous upward attempts are met with resistance, momentum diminishes above, and high-level digestion and buildup are occurring.
2. The hourly chart shows oscillation leaning bullish, with repeated support tests holding, but volume is insufficient, making sustained one-way movement unlikely.

Key Levels
Core Support: 77,300-77,500; stabilizing here can be a long entry; a valid break below indicates weakening.
Core Resistance: 78,400-79,000; encountering resistance suggests opening short positions; do not chase longs on a breakout without volume.

Trading Suggestions
Stabilization at 77,300-77,500 can be a low-buy zone
First target: around 78,000
Second target: around 78,500
On a rise to 78,400-79,000 followed by a pullback, consider shorting
First target: around 77,900
Second target: support zone between 77,300-77,500
After a breakdown: wait for volume to confirm a move above 79,000 before going long; only short after a valid break below 77,300.

Summary: Currently, Bitcoin is oscillating at high levels, with a medium-term bias toward bullishness and short-term fluctuations. The overall strategy is to buy low and sell high within the range.
BTC-0.38%
GT0.49%
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