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Bullish multi-head attack is imminent! BTC has been building strong momentum overnight, aiming for a new high!
Throughout the day, BTC consolidates in a high range; after a pullback, support is strong. The pullback basically has no force behind it. Overall, it still maintains a strong upward structure. This morning, the Bitcoin (BTC) at 75,600 was bullish. Currently, it has already reached the 78,400 area. Even if there is a short-term pullback, it clearly belongs to normal accumulation and shakeout during the uptrend, storing energy for the next push higher.
On the daily timeframe, the uptrend is complete and intact; the medium-term bullish layout has not changed, and the big direction is still upward. On the 4-hour cycle, after pulling back to key support, it steadied and rebounded. The middle line of the Bollinger Bands provides effective support. Bearish MACD momentum is gradually weakening, and the KDJ turns upward from a low level. The short-term rebound signal is clear. Support below is solid, and any pullback is a low-buy opportunity.
Wednesday night’s trading suggestion for the Bitcoin (BTC): enter long positions in batches in the 77,500-77,000 range, with a stop loss below 75,800. For targets, first look at 79,000-81,000; if it breaks through, you can continue to look higher toward the 84,000 area. More conservative traders can hold their coins and wait for the rise, defending with 75,500; for the mid-term, keep watching for new highs. $BTC