May 25 Monday Morning Bitcoin🫓Thoughts

Hello everyone, it's Monday again. The current Bitcoin price is around $77,000, continuing the oscillation and correction after yesterday's bottoming rebound. The daily moving averages are converging, and the bulls and bears are in a gentle tug-of-war, with downward momentum gradually weakening. The 4-hour chart is above the middle band of the Bollinger Bands, indicating a recovery trend technically. Resistance is at $77,800‑$78,300, support at $75,500‑$76,000, with $75,000 being a key trend level. Bitcoin's bottom support is solid, the consolidation bottoming is complete, and the bearish momentum is continuously weakening, with clear signs of technical recovery. This round of correction is a shakeout during the upward trend; the larger-term bullish trend remains unchanged. We remain bullish and are waiting for the market to continue rising.
Trading suggestion: look for a buy above $76,500
Target $78,000$BTC $ETH $SOL