The early session still brought a phased rebound and recovery. However, the price is once again pulling back from a high near 79,500 under resistance, and the current price is now consolidating around 78,600. With a triple-top formation showing, it reflects resistance at the 79,500 area. Throughout the day, the bulls are in a strong recovery phase; you still need to keep an eye on how the 79,500 level handles the pressure, to avoid a pullback driven by shorts building up as highs face strong resistance. At present, the bulls hold the upper hand, and the outlook remains positive: after consolidation, there should be increased volume that breaks through.

Looking at the current market, we are in a key contest stage where daily-level corrections and short-term bullish structures coexist. Although the daily long-term cycle is still within an upward channel—MA120 pointing upward, forming a strong medium-term support—after the MACD dead cross at high levels, the momentum histogram has turned negative. The KDJ J value also shows signs of flattening and turning, indicating that bullish momentum is weakening and that the price needs to pull back to repair the indicators. On the four-hour chart, after yesterday’s dip to 78,027, the price quickly rebounded, and the willingness of buyers to step in below has been clear. The four-hour moving averages are in a golden cross, and the Bollinger middle-band support has been repeatedly validated. Currently, bulls still dominate; the setup remains mainly to look for a bullish pullback.

During the day, it is highly likely to see range-bound consolidation. The zone below—78000-77500—is the core defensive area. As long as there is no ineffective break below it, the bullish structure remains unchanged. For upside, watch the pressure near 79400-79600 from the prior high; if it breaks through, it can open up room toward 80500-83000. If 77500 is lost, you need to be alert to the daily-level correction extending toward 75000-75500. In terms of trading, do not chase price rallies or sell in panic; if a breakout occurs, then cut losses accordingly. #美国寻求战略比特币储备 $BTC ‌$ETH ‌