$BTC 📊 May 1st BTC Latest Strategy Analysis

BTC:
After rebounding from near 75,836, the price has returned to trade near the upper band of the Bollinger Bands on the 15-minute chart, with short-term bullish momentum dominating. The Bollinger Bands are expanding, and the price is supported by the middle band to continue upward. The middle band at 77,163.6 and the upper band at 77,438.4 form a step-like support and resistance; MACD indicators DIF=111.9, DEA=128.5, MACD=-33.3, with green bars continuously shortening, indicating weakening bearish momentum. Trading volume has modestly increased during the rebound, with buying pressure leading the short-term trend.
📈 Bullish Logic:
The 77,000-77,100 range below is a strong intraday support zone. The price retracing to this area is supported by the middle Bollinger Band and previous rebound platform, making a strong upward trend difficult to reverse. If the price cannot effectively break below the 77,000 middle Bollinger Band, it is likely to continue upward. The first target is 77,480; after breaking through, it can aim for the 77,800-78,000 range, with an extreme scenario testing the previous high at 78,500.
⚠️ Risk Warning:
If the price re-breaks below the lower Bollinger Band support at 76,888, and MACD shows divergence with decreasing volume, the bullish trend may quickly reverse. Caution is needed as the market could fall back to the 76,400-76,000 range. Strict stop-loss measures should be set to avoid trend reversal risks.
🎯 Main Strategy: Slightly Bullish
• Entry Range: 76,900-77,100
• First Target: 77,500
• Second Target: 77,800
• Stop-Loss: 76,800