Tuesday Morning Market Outlook

Last night, Bitcoin retested around 765 but did not continue to weaken; instead, it entered a sideways consolidation phase, with the current price fluctuating around 770. The high-level short-selling strategy provided yesterday morning has already been fulfilled, and most of the profit from this move has been realized.
From a structural perspective, although the bears showed some momentum on the four-hour chart, there was no sustained decline afterward, indicating that support below still exists. The Bollinger Bands are relatively flat and have not opened significantly downward, so the overall trend does not yet support a one-sided downward move.
While the MACD remains in a bearish crossover, the momentum bars are not continuing to expand, suggesting that the bearish momentum is somewhat weakening; at the same time, the KDJ has entered the oversold zone and shows signs of turning upward.
In simple terms, this looks more like a state of indecision rather than a structure ready to collapse further, so in terms of intraday rhythm, it’s more reasonable to follow the support levels and look for a rebound.
Watch for support around 76500 below; long positions can be based on this level. The first resistance is around 78500. If the price breaks through and stabilizes, the space can further extend to 79000. However, if the rebound is weak and faces resistance near 780, switch to a bearish mindset and consider shorting.
$BTC ‌#WCTC交易王PK #比特币突破7.9万美元