Thursday Morning Jing Yi's Thoughts

From the current market situation, it is in a low-level consolidation and slight rebound phase after a sharp decline, with short-term bias leaning towards oscillation and slight bullishness, but overhead resistance is heavy, not suitable for chasing highs, better to buy on dips and short on resistance.

The short-term moving averages are turning upward, and the price is stabilizing above the short-term moving averages, indicating a short-term bullish correction, with strong support around 772.
The MACD indicator shows the two lines are about to form a golden cross at low levels, the green bars are converging, bearish momentum is weakening, and short-term rebound momentum is still present, but a strong bullish trend has not yet formed.

Short-term support: 772–773
Strong support: 768–766 (the recent low point of the rally)
First resistance: 782–785 (the previous sharp decline's bottom)
Strong resistance: above 790

Trading Suggestions
If Bitcoin pulls back to the 772 support zone and does not break below, go lightly long, targeting a rebound to 785, with resistance at 784–786 showing signs of stagnation and long upper shadows, consider shorting lightly on resistance, aiming for a pullback to 775.