BTC current market structure is clear, with strong resistance formed in the previous 77,000–79,500 range.


In the short term, it is difficult for the bulls to break through in one go; only a volume-supported stabilization above this resistance zone can further extend the upward trend.
The current market appears more like a consolidation before a decline has triggered a stop-loss.
There is a short-term rebound demand, but this rebound is not a reversal,
rather a market repositioning.
If the rebound strength is weak based on space estimates,
it may encounter resistance around 76,600.
A stronger rebound could possibly reach around 77,000.
Trading suggestions:
Short: 77,000–76,500 range, target 75,000, stop loss 77,300
Long: 74,800–75,300 range, target 77,000, stop loss 74,300
BTC-1.36%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments