The core of today’s crypto market isn’t whether it’s “up or not,” but whether the rebound can be confirmed.
After two pullbacks to 76.3K, BTC has rebounded and is now once again nearing 79K. However, the ETF data has not been fully caught up, and the macro side is still constrained by high oil prices and high interest rates.
Next, watch for three steps:
Hold above 78.5K to maintain a strong consolidation;
Break and hold 79.2K—79.5K to confirm that the rebound repairs are in place;
Only when it breaks above 80K—80.5K will there be a chance to continue challenging the area above 81.2K.
Short-term sentiment has somewhat recovered, but the real direction decision still hasn’t been completed. The market can have emotions—your judgment must be based on conditions.
#Bitcoin #BTC #CryptoMarket #MarketAnalysis #比特跃马 $BTC
After two pullbacks to 76.3K, BTC has rebounded and is now once again nearing 79K. However, the ETF data has not been fully caught up, and the macro side is still constrained by high oil prices and high interest rates.
Next, watch for three steps:
Hold above 78.5K to maintain a strong consolidation;
Break and hold 79.2K—79.5K to confirm that the rebound repairs are in place;
Only when it breaks above 80K—80.5K will there be a chance to continue challenging the area above 81.2K.
Short-term sentiment has somewhat recovered, but the real direction decision still hasn’t been completed. The market can have emotions—your judgment must be based on conditions.
#Bitcoin #BTC #CryptoMarket #MarketAnalysis #比特跃马 $BTC
