Over the past two days, Bitcoin’s chart movement has been basically consistent. It has been a narrow-range fluctuation on the small Pan chart, and only in the late Pan session did the Pan army gain momentum and push upward. Although there has been some news as a catalyst, it cannot be said that the strength is not impressive. Looking back at today’s movement, Bitcoin first saw a volume burst in the early hours, breaking above and holding the 74,000 level. After that, during the white Pan consolidation, it built up momentum through fluctuation, and in the evening it made a second attempt to probe toward the previous high at 76000, before being met with resistance and pulling back. It is currently adjusting around the 74600 line, with a daily rise of more than 3,700 points.

On the trading side, after the Pan order sweep was carried out during the midnight session and the bottom was snatched up, we immediately corrected our trading thinking. By following the trend, we caught the continuation of the Pan extension. During the morning session, we successfully caught the last train of the Pan army and smoothly made back the snatched-loss. After that, the strategy for the morning was clearly laid out: set up Pan buys with a pullback to the 74000 level, and at the same time reminded everyone to focus on whether the 75000 level can break through. The upward target was directly aimed at the 76000 line. The key support, resistance, and target levels given throughout the day were all precisely realized. The Pan buys successfully captured more than 1,600 points, and profits were taken off into the bag.

From the current market structure, Bitcoin is showing a pattern of “the cyclical Pan trend being established, medium-term attack momentum continuing, and a short-cycle technical correction need becoming apparent.” From the daily timeframe, it can be seen that this rally was driven by consecutive strong bullish candles breaking through the upper boundary of the prior consolidation range; the trend structure remains intact, and the upward setup is still solid. The only requirement is a short-term technical correction. From the four-hour timeframe, the market is moving strongly in a one-way manner along the upward channel, with volume and price action coordinating healthily. The Pan-led market rhythm has not changed for now. In essence, the short-term pullback is a process of support confirmation. Combining the hourly timeframe, after Bitcoin surged to around the 76009 area, it quickly dropped back; the momentum of the Pan army has weakened somewhat. The market has entered a technical pullback and correction phase. Whether it can launch another push to higher levels later depends mainly on the effectiveness of the support at the 74000 integer level. For the next step, on the board for now, it still revolves around making Pan trades around the pullback. You can gamble on short-term mean reversion with Pan orders, but be sure not to fight for a long war.

Bitcoin: 73800～74200 Pan, aiming for 76000.
Altcoin: 2280～2310 Pan, aiming for 2400. $BTC ‌#Strategy上周购入13927枚比特币