Sunday, Week 5.3, Bulls Accumulating Power, Upward Momentum Gradually Emerging



A night of light sleep, Bitcoin remains oscillating in the 77,800-78,300 range, with a slight rally to around 79,100 in the morning before facing resistance and pulling back, currently back to around 78,200. Although the market is less noisy at the end of the holiday, it hides steady confidence, with prices firmly holding key support levels, showing no signs of deep correction. Bitcoin ETF funds continue to flow in, institutional buying quietly absorbing every selling pressure, like a steady hand supporting the entire market’s confidence. The bullish dominance has never been disrupted.

In the daily chart structure, the medium-term upward trend remains firm, with moving averages aligned bullishly, like an upward staircase laid out for the market, each step solidly taken. In the 4-hour chart, prices are gradually rising along the upward trend line, MACD steadily runs above the zero line, bullish momentum has not waned, RSI remains calm without overheating, and the current sideways movement is not weakness but a quiet accumulation by bulls, waiting for the right moment to surge upward.

Sunday morning personal view: Enter in batches at 77,500-77,800, stop-loss at 76,800. Target levels: 79,500-81,000 area. No need to worry about short-term small fluctuations; follow the trend with support, set stops, and wait quietly for the bulls to finish accumulating power,迎接 our upward trend. $BTC
BTC0.81%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin