Early morning Bitcoin retraced to test the bottom and quickly rebounded, but the bulls' offensive strength has remained weak. The bulls and bears are engaged in a frantic tug-of-war around the 78,000 level. Short-term market sentiment is cautious, trading volume remains sluggish, and the market currently lacks a clear direction.


From the current chart, the daily Bollinger Bands are still upward, and the medium-term upward trend has not been broken. This is just a correction from the high of 82,828, not a trend reversal; the four-hour bearish momentum has clearly weakened, entering an oversold rebound correction phase, with the rebound limited by the middle band; the hourly Bollinger Bands are converging, moving averages are tight, and the oscillation and consolidation signals are obvious, indicating that the short-term bulls have taken the dominant position.
In terms of operation, the low-buying strategy remains unchanged, buying in batches at support levels, and patiently waiting for the rebound to be realized.

Bitcoin retraced around 77,800-77,200, with a target of 79,100-80,800
Altcoins retraced around 2,170-2,140, with a target of 2,250-2,310
#CLARITY法案参议院通关 $BTC $ETH
BTC0.26%
ETH-0.43%
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