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Consolidation/Resistance Zone: 78,000 - 80,000 USDT
(Currently, the moving average system is densely tangled in this area, and MACD has just formed a golden cross. This is the first target for short-term bulls.)
Strong Resistance/Target Zone: 80,500 - 82,500 USDT
(If market sentiment cooperates and the price breaks above 80,000, this will be the previous area of high trading volume and the limit of the rebound.)
Detailed Technical Analysis
1. Short-term Signals (4-hour timeframe): Strong rebound demand
MACD Golden Cross: The golden cross you mentioned has indeed formed (DIF crossing above DEA), and the red histogram has started to appear. This usually indicates weakening downward momentum, suggesting at least a short-term correction or rebound.
Moving Average Support: The price is currently stabilizing around EMA(7) and EMA(25), with short-term moving averages attempting to turn upward, providing short-term support.
2. Medium-term Trend (Daily timeframe): Bearish trend unchanged
Downtrend Channel: From the first daily chart, the price remains below the middle band of the Bollinger Bands, and MA(99) (around 87,000) continues to exert downward pressure, indicating the major bearish trend has not ended.
Heavy Resistance: The MA(25) on the daily chart at around 80,258 is a critical resistance level. If the price can hold above 80,000 in the coming week, it would indicate a genuine stabilization; otherwise, it may retreat again after reaching this level.
3. Key Level Interpretations
Lower Support: 74,555 USDT
This is the recent low (24-hour lowest price). If the price falls below this level in the next week, it indicates a resurgence of bearish power, and the price may test the 70,000 level. As long as it holds, this is the "iron bottom" for the bulls.
Upper Resistance: 79,300 - 80,300 USDT
This is the most important observation zone for the coming week. If the price rebounds here but volume does not increase (volume diminishes), it could be a "false breakout," and short positions or profit-taking should be considered.
Trading Strategies and Risk Tips
Strategies:
Buy on dips: Focus on opportunities in the 76,000 - 77,000 range, with stop-loss below 74,500.
Short-term rebound trading: If the price surges toward 80,000 - 80,500 and candlesticks show upper shadows or engulfing patterns, consider shorting to play for a pullback.
Risk Tips:
Insufficient volume: The current rebound lacks significant trading volume, usually indicating limited upside potential and a high probability of a "dead cat bounce" (Wave B rebound).
Macro Environment: Recently, US tech stocks have been highly volatile, heavily influencing Bitcoin. If US stocks plunge, Bitcoin will find it hard to stay unaffected.
Summary: The next week is likely to see wide-range fluctuations between 75,000 and 80,000, mainly for indicator repair. Avoid blindly chasing highs; waiting for a pullback to support levels offers better opportunities.