On a four-hour timeframe, the early-stage uptrend remains intact. The current price, around 77,200, is in a post-correction box consolidation phase.

In the short term, the market dips and breaks below the 15-period EMA, but support from the medium-term moving averages remains effective. The Bollinger Bands’ middle band is flat, and price action is ranging around the middle band. MACD forms a death cross, green histogram bars continue expanding, and short-term bears have the upper hand, limiting rebounds.

**Long positions:** buy on a pullback in the 76,000-76,500 area; use a strict stop-loss; target
77600-78500

**Short positions:** sell on rebounds in the 78,500-79,000 area with resistance overhead; focus on risk control; target
76000-76800$BTC $ETH #WCTC交易王PK #比特币突破7.9万美元 #加密市场普遍上涨