$BTC Violent rebound! 74291→76319, bulls make a strong comeback



Bitcoin's current quote is $76,315.6, a slight increase of 0.61% in 24 hours. The 30-minute cycle shows a V-shaped reversal, rising from a low of $74,291 to a high of $76,319, indicating a strong restart of the bullish trend.

• Moving Average System: Price is above EMA5/10/30, with a short-term bullish alignment. Strong support is formed around $75,500 below.

• MACD: DIF and DEA are opening upward above the zero line, with the red histogram continuously expanding, indicating strong bullish momentum.

• KDJ/RSI: Indicators are all in overbought zones, with RSI(6) reaching 95. Bullish strength is clearly overextended, and profit-taking may be triggered at any time.

• SuperTrend: Price is above the trend line, confirming the bullish trend. Short-term support is around $75,467.

⚠️ The current market is highly volatile. chasing high at this level is like playing with fire. It is recommended that short-term traders strictly set stop-losses to avoid blindly entering at emotional peaks; cautious traders can focus on moving average support. If the price retraces without breaking below, a new upward wave may begin.
BTC0.78%
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