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Bitcoin (BTC) continued its upward momentum from yesterday, showing a strong oscillating upward pattern. It once approached $79,000, and market bullish sentiment has somewhat warmed.
From the market chart, a short-term bullish arrangement has formed, providing technical support for further price advances. The intraday trend shows a typical "V" shape reversal followed by a continuous rally, indicating that buying support below is relatively solid.
Overall, Bitcoin performed strongly today, successfully regaining ground and challenging the key resistance zone. In the short term, market focus will be on the breakthrough of the $80,000 level. If it can stabilize above this area, a new upward space may open; otherwise, it may enter a high-level consolidation or correction phase.
Big Bitcoin: Long positions in the $77,500-$77,000 range, targeting $79,000-$80,000 resistance zone, long-term view at $82,000