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Let's talk about Bitcoin's trend next week.
On Friday, it surged to 78,800 then pulled back to around 77,700, followed by a narrow sideways consolidation around 7,800.
After consolidation, a big move is inevitable. Currently, the short-term resistance has formed at 78,800 above, and the short-term support is at around 77,700 below.
Friends holding positions should strictly set stop-losses near the resistance and support levels to manage risk.
Friends with no positions, prioritize stability, and just observe and wait within the 77,700–78,800 range.
Personal suggestion: wait for a breakout of the range before taking action.
If it breaks above 78,800 effectively, follow the trend to go long;
If it breaks below 77,700 effectively, follow the trend to go short,
with a short-term target of 1,000–1,500 points of movement.
Personally, I lean towards the future trend:
The current price around 78,200 first retraces to stabilize near 75,500–76,000, then rises again to around 79,500–80,000. If it breaks through effectively, the next target is 83,000.