BTC is currently in a resistance zone, consolidating and gathering strength:


Bullish logic: The 4-hour moving averages are in a healthy bullish alignment, ETF and Strategy are making large purchases providing fundamental support, and as long as the support at $76,500–$77,200 holds, the short-term upward trend remains intact. A volume breakout above $79,500 can confirm the continuation of the upward move, targeting $83,000+.
Bearish risk: Resistance at $78,000–$79,500 three times, and divergence signals appear on the 4-hour/ daily RSI and MACD, with volume decline indicating increased selling pressure. If it falls below $74,000, it may retest $69,000 or even $60,000.
Trading suggestion: Watch whether the support at $76,500–$77,200 is effective. Set stop-loss for long positions below $74,000; if volume breaks above $79,500, consider following the trend to go long.
BTC-0.08%
View Original
[The user has shared his/her trading data. Go to the App to view more.]
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin