Bitcoin is currently stabilizing around $76,200 on the market, with both bulls and bears temporarily reaching a balance in this area. From the candlestick structure and capital flow perspective, the buying support below remains solid, and there are no signs of further breakdown in the short term. There is still room for further upward movement.



In terms of trading strategy, avoid chasing highs; patiently wait for the price to retrace to the $75,500–$75,000 range before considering adding to long positions in batches. This level is not only the lower boundary of the previous high-volume trading zone but also a technical support band, offering a favorable risk-reward ratio. The targets are sequentially set at the key resistance levels of $76,900 and $77,500. Upon reaching these levels, consider reducing positions accordingly, while leaving some positions open to potentially break through.

Of course, the market is ever-changing. If the price effectively falls below $74,800, the bullish structure may weaken, and a reassessment will be necessary.

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