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Bullish trend remains unchanged—pullbacks are a chance to get in.
After 00:00 yesterday, BTC was ranging and rebounded from around 78,500, with the highest reaching around 80,500. It then fell back under pressure. The day overall showed a “rally then retrace” pattern. Clear resistance was encountered in the 80,000-81,000 area, and in the short term it has entered a high-level consolidation phase.
The current 4-hour timeframe is in a high-level oscillation with a slightly bullish structure. The price holds above the middle band. MACD shows a golden cross and the red histogram bars expand, indicating bullish momentum is still there. Although it faces pressure and pulls back in the 80,170-80,770 range, this is a healthy retracement and has not broken the upward channel.
Go long directly around 79,000. First target: 82,000. If it breaks through, look toward 84,000.
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