$BTC BTC one-hour timeframe has formed an ascending channel, but as the price rises to the upper oscillation trendline at 780, it encounters obvious resistance and stalls.



Intraday trading should focus on the support zone around 775-777. If a stable reversal candlestick pattern forms at this level, you can consider a light long position; if this support is effectively broken, the market will test the 769 support level further. The short-term major resistance is concentrated near 785.

Currently, large market funds are generally cautious, with no clear strong trend emerging on the chart. Coupled with the price approaching a key major support zone, the overall trading strategy should prioritize buying on dips.

At the same time, be sure to manage position risk and defense, and do not blindly assume a bullish recovery. Be cautious of the bears regaining strength and continuing the downward trend, and respond flexibly to the changing market rhythm. #Gate广场披萨节
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