Even though the price has seemingly broken through the $77,000 mark with a slight intraday uptick, there's actually a lot of turbulence beneath the surface. Just a couple of days ago, influenced by geopolitical tensions and continuous ETF fund outflows, Bitcoin just went through a 'wick' shakeout, dipping down to around $76,000, which flushed out quite a few leveraged long positions. Immediately after, it quickly V-rebounded to squeeze the shorts. This kind of up-and-down movement indicates there's still a huge divide in the market.
Currently, on the chart, there's noticeable resistance around $77,500, and the volume hasn't really picked up, which points to a classic low-volume rebound, making it likely to be a trap for the eager bulls. The overall trend is still leaning toward weak oscillation, with the highs consistently drifting lower. In terms of trading strategy, definitely avoid chasing highs; you could end up stuck at the top with the wind blowing. The short-term approach is crystal clear: focus on shorting the rebounds or, near that strong support at $76,000, take a small position for a short-term long rebound. The market will likely continue to range and test our patience, so waiting for a clear direction is key.
$BTC
#Polymarket与Nasdaq合作
#Strive购入382BTC
Currently, on the chart, there's noticeable resistance around $77,500, and the volume hasn't really picked up, which points to a classic low-volume rebound, making it likely to be a trap for the eager bulls. The overall trend is still leaning toward weak oscillation, with the highs consistently drifting lower. In terms of trading strategy, definitely avoid chasing highs; you could end up stuck at the top with the wind blowing. The short-term approach is crystal clear: focus on shorting the rebounds or, near that strong support at $76,000, take a small position for a short-term long rebound. The market will likely continue to range and test our patience, so waiting for a clear direction is key.
$BTC
#Polymarket与Nasdaq合作
#Strive购入382BTC