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Saturday Noon Tomato🍅Operational Thinking Analysis
Currently, Bitcoin continues to fluctuate within a narrow flag pattern, with low market volatility. Saturday is likely to continue consolidating, and after breaking the range, a one-sided trend will emerge.
An effective breakout above 78,463 could see bulls targeting 79,280 and 80,000;
A decline below 77,573 that fails to recover quickly will lead to a retest of 76,237, and once this support is broken, further decline to 74,929 is possible.
In the short term, the trading range is between 77,573 and 78,463, with no clear direction. Trading within this range offers low risk-reward, so it is recommended to wait for a breakout to trade accordingly.
Trading Suggestions
Go long on a breakout above 77,726; go short if it falls below 77,284 with a weak rebound, with strict stop-loss. If the hourly chart stabilizes above 77,726, target 78,489-79,415;
If the 4-hour chart breaks below 77,386, look for a decline toward 76,175-74,916.
Resistance levels: 77,726, 78,489, 79,145
Support levels: 77,320, 76,271, 74,953
Weekend rhythm: seize the opportunity for quick in-and-out trades, as spring blossoms and the future looks promising.
#加密市场行情震荡 $BTC