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$BTC Last night, I locked in the direction early and decisively set up a long at 76,900, firmly looking toward the 78,000 target. This morning, Bitcoin broke through the 78,000 level as expected, precisely realizing the forecast, and successfully captured a 1,100-point move! This bullish momentum is directly on point. I believe many friends who missed the trade watched the price climb all the way, yet felt a mix of emotions. Chasing at the high only to be repeatedly swept, and hesitating to enter at the low—after all, the market still clobbered them hard. In the face of the trend, hesitation only makes you miss good opportunities. Only by choosing the right idea and the right rhythm can you steadily capture the market’s upside.
From the 4-hour chart, the overall trend shows a pattern of testing the lows, rebounding, stabilizing, and building strength. Previously, the lowest price dipped to 76,014. Bearish momentum gradually weakened, and the bottom support is very solid. The 4-hour candlestick trend is gradually becoming stable, the bottom levels continue to rise, bullish strength keeps increasing, and bearish selling pressure is clearly reduced. Currently, the price is holding above 77,700. Within the range, the battle between bulls and bears is becoming more stable. The overall chart’s center of gravity is moving upward steadily, short-term buildup is fairly sufficient, and the likelihood of an upside breakout in the future is relatively high. Keep an eye on how the price continues after the subsequent breakout.
5.21 Thursday morning trading strategy for Bitcoin: go long near 77,800-77,300, targeting 79,000; Ethereum (the “second coin”) trading strategy: go long near 2,130-2,110, targeting 2,170.