Bitcoin is generally trending stronger today, indicating a sideways upward movement.


This morning, it surged to around 79.5k, then slightly pulled back, now fluctuating around 78k.
The bulls are temporarily in the lead, but the upward momentum has weakened, so caution is advised when chasing the high.

From the four-hour timeframe, the Bollinger Bands are opening upward, with the price running along the upper band.
The MACD histogram is still expanding in the red, and the moving averages have formed a golden cross above the zero line, indicating that the short-term structure has strengthened.
Support below is around 77k, and the retracement space during the daytime is expected to be limited; wait for a pullback to find opportunities to go long.
The overall strategy is to buy on dips, avoiding chasing the high.

Trading reference:
If Bitcoin pulls back to the 77,800–78,300 range, add to long positions in batches, targeting 79,500–80,000, with a stop-loss at 77,300.
BTC-0,01%
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