BTC Trading Strategy

Bitcoin has been fluctuating between 76,000 and 78,000 for four days, with both holding funds and spot buying decreasing. The bulls are clearly gathering, and the current market trend leans toward a downward correction phase.

Key Levels
Upper resistance zone: 78,000-80,000
Lower support zone: 75,000-76,000

In the near future, the market is likely to first surge to test 79,000-80,000, forming a top pattern before pulling back. If it breaks below the key level of 75,000, the price will further decline to 71,700.

Trading References
If the price rebounds to 78,500-79,500, go short in line with the trend
If it drops to the support level of 75,000-76,000, consider small-position short-term long positions
If it effectively breaks below 75,000, follow up with a short position targeting 71,700

It’s worth noting that if the market stabilizes above 80,000, the bearish approach will no longer apply; if the 75,000 support holds, the market will continue to fluctuate sideways.