Brother Tong's Bitcoin Market Outlook for This Morning



First, look at the daily chart: The strong bullish trend remains unchanged, the upward channel is intact, and institutional funds continue to flow in net.
4-hour chart: High-level consolidation with slight weakness, MACD death cross, struggle to push higher, indicating a pullback and shakeout within the bull trend.
Current price 77,554: Slightly bullish neutral position, do not chase longs or short at low levels.
Key price levels
Resistance above (only short at high levels)
78,200–78,500: Strong intraday resistance, do not attempt shorting if not broken
78,800–79,400: Strong resistance zone, a high-probability area for trap longs
Support below (long at low levels)
77,000–77,200: First support, stable and can go long
75,000–75,500: Core main long zone, strong support, add to long positions in batches
Extreme defense: 74,500

Main strategy remains bullish (if unable to break 78,800, switch to light short positions)
Entry: 77,000–77,500
Stop loss: 76,800
First target: 78,500
Second target: 79,400
Major trend: Bullish dominance, pullbacks are opportunities.
Short-term: High-level oscillation and pullback, only short at high levels, long at low levels.
Caution: Repeated surges and falls at high levels are shakeouts, not breakouts; chasing highs will trap you. $BTC
BTC-0.37%
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