Thinking in terms of logic Repeatedly rising without breaking the level, today's direction is clear at a glance

During the three-day holiday, Bitcoin maintained a slow oscillation upward pattern, with the price repeatedly testing above the 790 range, but the bulls never got a decent pullback, making the entry rhythm passive; the bears, on the other hand, faced repeated pressure in the slow rise and forced squeeze, testing traders' patience, and neither side managed to find a comfortable trading rhythm.
The most critical signal in the current market is: the price repeatedly probes upward but has never broken through the strong resistance at the 795 level, showing obvious signs of stagnation at high levels. This slow rise without an effective breakout is essentially continuously draining the bullish momentum, and the risk of a pullback is gradually accumulating. At this point, chasing high is very low in cost-effectiveness and may instead lead to being passive when the trend reverses.

Therefore, in the early morning, we do not get carried away by the short-term upward rhythm, remaining cautious at high levels, and adopting a slightly bearish approach:
- Entry reference: Lightly short around 793, near the key resistance level, with a more reasonable risk-reward ratio
- Target range: First look at support around 780, and after reaching it, reduce positions to lock in some profits; if momentum continues, then look at the 770 range
- Risk control tips: Do not hard break through; if the price volume stabilizes above 795, promptly adjust the strategy to avoid being swept up by a one-sided trend. The market changes rapidly, and only by maintaining rhythm and risk control can we steadily seize opportunities amid volatility. $BTC $GT $ETH #WCTC交易王PK #比特币ETF期权持仓限额增4倍