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Yesterday was basically in line with expectations, with a slow oscillation after a dip in the morning, followed by another surge in the early hours, but it did not break 790. As mentioned yesterday, 769 is a support level; if it holds, it can go higher, while 790 is a resistance level. We can first observe slightly below 790, as in yesterday afternoon, the stance was once at 500 points, then a second time at 800 points in the early morning. So, find good support and resistance levels; it’s appropriate to buy near support and sell near resistance.
The weekly candle is about to close; currently, it’s confirmed to be a bullish candle, closing high, indicating strong buying momentum. It will likely test the resistance above again, and the possibility of testing a breakout increases. Once a breakout occurs, continuation is possible, so it’s still a pullback. If it cannot break through, then it’s a pause. Once it can break through…
Pull back to around 778 to 775, looking at around 788. Near 788 is a pause, with a defense at 790. Watch around 775. #加密市场行情震荡