I’m watching $btc around $78,157 here.



After that sharp drop, price managed to bounce and is now moving in a tight range just under $78,294 resistance. That tells me buyers are trying to stabilize it, but it still hasn’t fully broken out. Right now this looks more like a retest zone than a clean trend move.

Possible long setup:
Entry: $78,050 – $78,180
Targets: $78,300 → $78,800 → $79,630
SL: Below $77,500

What I’m seeing:
If BTC reclaims and holds $78,294, then the next push can extend toward $78.8K and possibly $79.6K.
But if it keeps failing below that level, then this recovery may just be a pause before another move down.

For me, $78,294 is the key level.
Above it, momentum improves.
Below it, I’d stay cautious because price could revisit the $77.5K area again.

#Gate7DayNetInflowsTop3
#BTCBackAbove81000
BTC0.62%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
39 views
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned