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$BTC Bitcoin Evening Market Analysis๐ฅ๐ฅIntraday rally faced resistance and pulled back, with the 79,500 level forming short-term resistance. The short-term has entered a correction and recovery phase, while the daily bullish trend remains intact. This pullback is only a technical correction, and the overall trend still leans bullish.
Key levels
Resistance: 79,500โ
Support: 77,000 (a key level for bulls and bears; as long as it holds, the correction remains healthy)
Evening trading suggestions: Focus on buying on dips, with light short positions at higher levels as a supplement. Buy in batches around 77,000, with a stop loss at 76,400, targeting 78,500โ79,000. If it breaks 79,500, look for a new high. As long as 77,000 holds, do not expect a reversal to weaken.
How exactly to operate? If you're unsure, you can join us for a discussion.