BTC



As geopolitical concerns ease, funds are flowing out of safe-haven assets like gold and pouring back into Bitcoin. Currently, the market has shown strong bullish closes for consecutive days. There is a clear divergence in market expectations regarding the direction after breaking through 75,000. Pay attention to whether this level stabilizes above the moving average, forming an N-shaped bullish structure with a complete uptrend. If it can break through the previous high, it may potentially push up further toward 78,000.

If it fails to stabilize, bears may make a comeback. The hourly MACD is showing possible top divergence, and the short-term has a need to retest support. Watch for support levels around 72,400-73,200.
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