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$BTC Bitcoin pushing above the previous high again in the afternoon? How long can the bullish trend last?
In this kind of short-squeeze market, the easiest mistake is chasing longs at high levels and trying to top-pick against the trend. When prices are rising, you always think they can go higher; when prices are falling, you always think you can buy the dip. In the end, you get beaten from both sides. Before the trend breaks, don’t casually guess the top. For short-term contracts, set stop-losses properly; don’t go all-in. Hold spot and don’t keep flipping positions back and forth—it’s much better than constantly stirring the market. Don’t let a moment of impulse erase all the profits you earned before. Today, I’ll use three timeframes—4 hours, 2 hours, and 30 minutes—to clearly lay out the current trend, support and resistance, entry levels, and stop-losses for you. No mysticism—everything is practical, actionable takeaways. After you finish reading, you’ll know exactly how to handle things next, and you won’t need to keep listening to others shouting nonsense—you’ll be able to read the market yourself.
On the 4-hour candlestick chart, the price has held above all EMA lines, and the bullish trend remains intact. The MACD red histogram continues to expand, showing ample bullish momentum. The Bollinger Bands are opening upward, and the price is steadily climbing along the upper band. Support below is around 75677, while the previous high at 78447 is a strong short-term resistance. From the rebound off the low of 64918, we are currently in a main uptrend phase. There hasn’t been any volume-expansion-with-stagnation or divergence signal, so the bulls still dominate.
On the 2-hour candlestick chart, price consolidates and moves upward around 77800. The EMA lines are aligned in a bullish order, and support keeps stepping higher. The MACD red histogram continues to expand, with bullish momentum carrying on. The Bollinger Bands are opening upward, and price stays above the middle band throughout. Middle-band support is around 76173, and the pullback strength is extremely weak—this is a typical strong-bull market. Overall, the pace of the rise is healthy, with no divergence signals, and the short-term bullish trend is still likely to continue.
Afternoon plan:
Pull back to 77100-77300, then move up; set a stop-loss at 76700. Targets: 78200-78500; after a breakout, you can look for around 79000.
Rebound to 78500-78700, then move down; set a stop-loss at 79100. Targets: 78000-77500; if it breaks down, you can look for around 77000.
In a strong market, don’t chase highs. Enter in batches, keep strict stop-loss discipline, and don’t hold losing positions—don’t stubbornly fight the trade. #比特币反弹