Hua Zai’s BTC Evening Outlook:

In the evening, Bitcoin is oscillating and moving downward; after breaking down, it remains to be seen whether there will be a pullback. After the bears concentrate their efforts and push hard, their momentum quickly fades. The price action gradually stabilizes, then rebounds. Overall, the major bullish trend remains solid and unchanged.

The overall daily structure stays intact, and the moving averages continue to maintain a bullish alignment. Any short-term dip is only a normal adjustment—there’s no need to panic over minor fluctuations. At this stage, the key support is locked in the 77000-77500 range. As long as this support holds effectively, the bulls will launch another offensive and, in turn, move to challenge the key 79500-80000 level.

Trading reference:
Enter long positions in batches within the 77000-77500 range
Set the stop loss below 76500

Target levels:
79000-79500; after a strong breakout, look further up to 80000
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