Hua Zai BTC Market Analysis
Today’s key points for BTC are clearly stated: strong resistance above at 78,500, and the main defense below at 77,800!
Last night, Bitcoin sharply recovered from a low of 76,900, showing a clear short-term correction trend. The bearish momentum has significantly weakened, and the downward force is no longer as strong as before. However, the high-pressure zone between 78,100 and 78,600 remains very strong, serving as the first critical threshold for the bulls, and resistance should not be underestimated!
My market conclusion is straightforward: if BTC cannot firmly hold above 78,500 today, the bulls will be unable to break through the previous high directly. The market will continue to fluctuate within the range, and the trend is unlikely to move in a single direction easily.
Practical trading strategy, easy to understand:
Support zone at 77,600-78,000 holds, and the bullish rebound momentum remains, still with room to rise;
If it effectively breaks below 77,600, this rebound will be declared a false rally, enticing more buyers, and the market will likely revisit lows again.
Decisive and clear trading plan: gradually build long positions at the low support levels of 78,000-77,600, with the first target at 79,000!
Most importantly: strictly control position sizes, enforce stop-loss strategies, and avoid blindly holding positions during market battles—even if missing out, better than risking large losses!
For real-time precise levels and synchronized trading setups, trust Hua Zai to skillfully navigate the market and steadily harvest profits!