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🔥$BTC This support level holds, there’s still a chance! But don’t rush to go all-in…🔥
Bitcoin is currently at $78,407, having tested both the 24-hour high and low points, and overall still in a consolidation zone. From a technical perspective, the MA5/10/20 moving averages are in a bullish alignment, and the EMA is also holding steady, but the KD is around 86, indicating overbought conditions, so chasing the high could lead to losses.
On-chain data shows that net inflows to exchanges have slightly increased in the past 24 hours, with selling pressure emerging. There’s no major news, and the market is waiting for the next trigger. The key short-term support is around 77,200–77,500. If this level is tested and holds, small positions can be considered for testing the waters.
How to trade contracts?
Light positions near support, with 5-10x leverage is enough, don’t exceed 10x. Set stop-loss below 76,800. Remember: don’t hold the position with full leverage; as long as your principal is safe, opportunities will always come. This market swings back and forth, holding with high leverage is just asking for trouble.
Also, you can watch the Musk concept meme coin $puppies (contract ending 6eb2), a community autonomous meme token that’s already listed on Sesame Exchange Alpha Zone. If interested, check it out yourself.
Protect your principal, survive to the next big bull run, and you’ll be the real winner. This is just my personal analysis and rambling, for reference only, not investment advice. #加密市场行情震荡 #rsETH攻击事件后续进展 #美伊谈判陷入僵局 #ETH链Meme币FLORK拉升 #美军涉马杜罗押注事件