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The most valuable thing in the crypto world has never been how many times you've caught short-term trades correctly, but whether you have the eye to understand the trend and the patience to hold onto your chips. Every pullback in the market is an entry ticket for the steadfast and a warning sign for the wavering. Don't always envy others for their doubles; you just don't see the nights they stayed up, the drawdowns they endured, or the temptations they resisted. Today’s Bitcoin completed a textbook-style retracement and shakeout, with a low of 76,324, finding strong support at the lower Bollinger Band and the previous bullish dense trading zone. Currently, the price has rebounded above 76,700, with the 15-minute KDJ forming a golden cross at the low and the MACD green bars continuously narrowing, indicating that the bullish momentum is rapidly recovering.
Today, Bitcoin surged and retraced, with a low of 76,324, just hitting the strong support level we mentioned. It has now regained above 76,700, supported by the middle Bollinger Band and the previous platform, signaling the shakeout is over and the bulls are ready to resume their attack at any time. From the news perspective, the MARA Foundation has been established as a safety net for BTC network security, further strengthening the long-term value logic. The short-term retracement is just a normal rotation during the upward process. As long as it does not fall below the key support at 76,200, the bullish trend will not be broken.
The secondary coin linked to Bitcoin completed a synchronized retracement, with a low around 2,260, stabilizing without showing signs of weakness independently, indicating that funds have not fled but are just completing a shakeout along with the market.
Bitcoin: 76,200 bullish target: 78,000
Ethereum: 2,240 bullish target: 2,400