5.2 Morning Analysis:

Bitcoin 1-hour cycle shows a surge followed by a pullback trend, initially supported by bullish momentum continuing to push higher. After reaching a high of 78,879, the short-term bullish strength diminishes, and the price pulls back to around 78,100, entering a profit-taking phase at high levels. From a technical perspective, short-term candlesticks face resistance and decline, with the upward pace slowing. The primary resistance is concentrated at 78,800–79,000, which is a key resistance zone from the previous rally; the core support below is at the 78,000 round number, followed by the critical support at 77,500. If the 78,000 level is effectively broken downward, the correction space may further open.

On the news front, Middle East geopolitical tensions continue to ease, with the Yellow Hair fluctuating in attitude toward Iran negotiations. Market risk aversion sentiment quickly cools down, weakening Bitcoin’s safe-haven buying support; combined with the accumulation of profit-taking after previous continuous rises, short-term capital has a strong demand for profit realization, jointly triggering this round of correction.

Trading suggestion: 78,600–79,100🈳, target 76,600–77,100.$GT $BTC $DOGE