The morning Bitcoin continues to trade sideways at high levels, with the price surging towards the 79,000 level then encountering resistance and pulling back. Selling pressure in the previous high area becomes evident, and the bullish momentum temporarily pauses for a rest, with the market shifting into a consolidation phase to gather strength.

The daily chart shows a solid and powerful three consecutive bullish candles, strongly recovering the retracement from last week. The bullish structure continues to strengthen, and the market remains in a relatively strong pattern, with the upward trend unchanged. The technical correction on the 4-hour cycle has been fully digested, with Bollinger Bands turning upward in sync, and bullish momentum steadily accumulating. Currently, market activity is light, and capital participation is relatively low, with the price consolidating within a narrow range to facilitate chip rotation, preparing for a subsequent rally. The current pullback is merely a pre-rally consolidation and not a trend reversal signal. The bullish pattern still dominates, and traders should confidently follow the trend to go long, patiently waiting for the breakout after the consolidation ends.

Morning Bitcoin trading strategy: Buy directly between 78,300-77,800 with a target of 79,300, aligning with Ethereum. Buy directly between 2,310-2,280 with a target of 2,360.