#BTC Market analysis, hourly level oscillations are weak, with increasing bullish and bearish battles



Currently, BTC's hourly chart remains in a narrow range of weak oscillation, with clear market disagreement between bulls and bears, and continuous tug-of-war in the trading scene.

From the order book perspective, overall selling pressure is significantly stronger than buying, with short positions in the futures market continuing to rise, and short-term bullish momentum is insufficient for a counterattack, leading to a sideways trend under pressure.

Today’s rebound should focus on the resistance zone of 77,800‑78,600, which is a short-term strong horizontal resistance. Previously, the price repeatedly tested this level and was rejected, making it difficult for bulls to establish a firm footing. Future rebounds reaching this area are likely to face resistance and pull back again.

The key support below remains around 76,000. Previously, long positions gained some profit from a rebound at this level. As long as this support is not broken during the pullback, bulls can continue to buy low and play the rebound.

If the 76,000 support is broken, the short-term trend will turn weak completely, and the price will further decline. At that time, attention should be paid to the 75,000‑74,000 range, which is an institutional accumulation zone and an important position for strategic deployment.

Maintain a range-based approach for short-term trading: short at resistance levels, buy low at support levels, strictly manage risk, and avoid blindly chasing orders!
BTC0.54%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • 7
  • Share
Comment
Add a comment
Add a comment
TheSkyInsideTheMirroredSphere
· 5h ago
76,000 has held, call me later; right now, this market looks so boring I want to sleep.
View OriginalReply0
0xCandleQuiet
· 5h ago
The hourly-level oscillation has been weakly biased for a week now. Can we just make a decisive move and pick a direction—either up or down?
View OriginalReply0
StillHereAfterTheRugPull
· 5h ago
The 77,800-78,600 resistance zone has been tested three times; will the fourth time pass? I bet it can't.
View OriginalReply0
  • Pinned