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BTC within the 15-minute cycle first experienced a sharp rise followed by a pullback, with the price quickly dropping from the high of 74,873.5 to the stage low of 74,234.0. After completing a deep correction, it began a strong rebound and recovery, currently quoted at 74,617.5, back above 74,600.
From the trend structure, this round of correction fully released the short-term bearish momentum, followed by the bulls quickly gaining strength to recover lost ground, forming a clear V-shaped reversal, indicating strong support below and sufficient bullish momentum. The current price has broken through the upper boundary of the previous consolidation zone, re-establishing the short-term upward trend. The first resistance above is in the 74,800-75,000 range. If a valid breakthrough occurs, it will open a new round of upward space, with the next target aiming at 75,500-75,800; support below focuses on the 74,400-74,300 area. A pullback to stabilize still presents a low-buying opportunity. If it breaks down effectively, caution is needed for a second correction risk.
In terms of operation, the core idea is to follow the trend and go long. If the pullback stabilizes at support levels, consider gradually adding long positions, with the first target aiming at the previous high near 75,000. After breaking through, hold for a move above 75,500. Strict risk control is essential, and follow the trend rhythm to grasp profits. #Gate13周年