BTC 4.24 Analysis:

Today’s early session first moved sideways upward, rallying to 78,546 as the day’s high. Then a round of extremely large bearish candle(s) with heavy volume triggered a sharp plunge; the low probed down to 77,500. Currently, at the low level, it has formed a small-scale bottoming and stabilization structure, followed by a minor rebound and corrective recovery. This is in the stage of rebound “building momentum” after a big drop.

Bullish prerequisites (core)

1. The price must hold above 77,750, and for 2-3 consecutive 15-minute K-line candles it must not drop back and break below this level, to confirm that short-term support is effective.
2. During the rebound, trading volume needs to increase moderately; do not drive a rise with no volume.
3. It should not make a new low below 77,500. Lows should gradually rise and form a small ascending staircase.

Key price references

Support levels (for long defense + entry reference)

- Strong support: 77,500 (today’s absolute low; the watershed between longs and shorts across the whole market. Once it breaks, the bullish logic fails directly, and the market will likely probe deeper and drop further.)
- Support holding: 76,650-77,700 (the current consolidation and stabilization range; the preferred area for buying dips on pullbacks.)

Resistance levels (bullish target zones)

- First short-term target: 78,100 (the starting platform after the previous plunge; the first major strong checkpoint for the rebound.)
- Second bullish target: 78,350-78,400 (the second rebound high after the rebound continues.)
- Extreme strong overhead resistance: 78,550 (today’s historical high; only if it breaks through can price return to a strong bullish uptrend.)

Specific bullish trading plan

1. Conservative dip-buying strategy
Wait for the price to pull back to the 76,650-77,700 support zone. After stabilization signals appear—such as a stop-hunting small bullish candle and a doji reversal pattern—enter long positions in batches with light exposure.

- Stop loss: set uniformly at 77,480 (if it breaks the new low, exit immediately to control risk)
- Take profit: first target 78,100—reduce the position by half; the remaining position can exit around 78,350

2. Breakout-and-chase strategy
If price breaks upward directly with strong volume and holds above 78,100, then after a pullback near 78,050, follow up with long positions.

- Stop loss: 77,950
- Take profit: 78,350-78,400 zone
#Gate13周年现场直击 #WCTC交易赛瓜分800万USDT
#加密市场行情震荡 $BTC