Early morning Bitcoin retraced to test the bottom and quickly rebounded, but the bulls' offensive strength has remained weak. The bulls and bears are fiercely tugging at the 78,000 level, with short-term market sentiment cautious, trading volume staying low, and no clear market direction emerging for now.


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

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