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Bullish momentum fully erupts! BTC looks bullish overnight and aims to push to new highs
BTC’s overall intraday trend remains strong and steady, firmly holding above the 80,000 level. During the day, bullish buy pressure continues to ramp up; the price action consolidates with a mild upward drift, with no deep pullback occurring. Long positioning sentiment is completely maxed out, and the continuation of the bullish move later tonight is very clear. Even short-term longs during the day also captured a 600-point gain. Short-term downside has stopped at a rebound, and going into the night the main idea remains to keep a low-buy mindset.
From a technical perspective, the overall bullish structure remains intact. Any short-term pullbacks are just “power accumulation” and a washout during the upward move. The support around the 80,000 line provides more than enough staying power; short-term indicators are converging positively. The uptrend has not been damaged at all. Once the market has finished consolidating and building momentum, the breakout-up thrust is already in place.
On Thursday night, focus on buying in batches in the 80,600–80,000 range, with defense set below 80,000. First, look for the 82,500 target; after a successful breakout, then look toward 83,700. Avoid chasing higher prices at elevated levels; wait for a pullback to enter, and just hold the bullish trend accordingly. $BTC