The daily Bitcoin remains in an extremely narrow fluctuation pattern, with highly conflicted movements, a daily range of over a thousand points, and currently back around the 73,800 level. We publicly provided the 73,800 support idea at midnight, and in the morning, the market peaked near 74,600, successfully realizing an 800-point profit. Although intraday volatility is limited and no clear trend has emerged, as long as the rhythm is well managed, short-term trading within the range can still yield good returns.

Currently, Bitcoin maintains a high-level convergent oscillation pattern, and after a sharp rise and fall last night, the price has been hovering around the 74,000 mark, entering an extreme sideways consolidation phase. In our midnight analysis, we already predicted: the short-term market will show a definite pullback to confirm the validity of the support below. The market is now following this predicted path, though the timing of the pullback has been slightly longer than expected. From a 1-hour perspective, the market shows alternating narrow-range tug-of-war, with no volume breakout movements, and trading volume remains in decline, with no clear trend signals. This indicates that the short-term market has entered a critical decision window, approaching a turning point. From a 4-hour view, Bitcoin’s upward trend structure remains intact; this correction is just a routine adjustment during the uptrend and has not broken the overall upward pattern formed during the week. The Bollinger Bands are trending upward, with a head-to-head arrangement, and the upper band forms a strong resistance zone. Multiple attempts to break through and stabilize above it have failed, indicating selling pressure above still needs to be absorbed. The short-term market still needs to consolidate and gather momentum for the subsequent trend. We will temporarily maintain our support idea, focusing on observing volume and price changes.

Bitcoin: around 73,600, targets sequentially at 75,000 and 76,000.
Support: around 2,320, targets sequentially at 2,380 and 2,420. $BTC ‌$ETH ‌#SEC称部分Defi界面可免经纪商注册