$BTC This backstep, and the bulls caught it again!!! #比特币两个月来首破7万美元
After the big cake surged to 79,555, it quickly pulled back. The price came to around 77,500, but it didn’t keep dumping—instead, it pulled back above 77,900.
So what does this mean?
There really is selling pressure around 80,000, but there’s also capital waiting to take it from below. The shorts haven’t regained control for now.
Earlier, it rose from 64,200 all the way. The strongest part has been: after every pullback, the price forms new support at a higher level.
Now 77,500–77,000 has become the short-term line in the sand. If you hold it, then the just-now pullback can only be counted as normal rotation after the spike.
If it reclaims 78,500, it will likely test 79,555–80,000 next. Once 80,000 is taken, the upside room above will open up further.
If it breaks below 77,000 and can’t reclaim it for a long time, the strong short-term momentum will cool down. First look for 76,000, then 75,000.
At the moment, there’s no need to chase the rebound and add positions, and there’s also no reason to guess the top early.
If you have low-position holdings, hold and keep the profits. If you don’t, wait for the pullback to confirm—position matters more than emotion. $ETH #ETH突破$2300