Bitcoin yesterday's market moved upward, reaching a high rebound of 82,800 before facing resistance and falling back, with a continuous intraday decline of nearly 2,000 points. Are you panicking after the pullback? Do you feel it's about to turn downward? Are you thinking of shorting? Do not be deceived by the current illusion. In the face of the trend, a pullback is an opportunity to look for a bullish entry.

The weekly K-level still shows a bullish upward trend. The current pullback is just a normal correction after the price increase. If it doesn't fall, would you dare to chase? The decline is just a bottom-building retracement, and with MACD continuing to expand, a further rise just requires time to convert space.

On the four-hour level, after reaching a peak, the price experienced four bearish retracements overnight. It has now fallen near the midline but has not broken it. The support at the midline remains intact, which is a bullish position. Even if it breaks, the most it would do is pull back to the 79,000 level before rebounding again. So, regarding the current situation, I still believe in a bullish rebound after the pullback.

It is recommended to look for bullish entries in batches around the 80,800-80,400 area, with a target of breaking through 83,500 and reaching the 82,800 level. The specific levels are for reference only. #BTC回调 #btc