Everyone is bearish, but tonight I’m bullish! The market movement tonight is extremely fierce, everything feels off, clearly a squeeze market.

Bitcoin first pulled back during the day to stabilize at the bottom, after testing the support, it suddenly reversed violently and pushed upward. The bearish pattern of pressure and pullback seen earlier is now completely shattered.

Now it’s steadily climbing higher, with the lows continuously rising, the bulls gaining more strength. The previous double top structure is invalidated, and the afternoon’s strategy has completely shifted. Today’s overall rhythm is to buy on dips during pullbacks.

Several times before, it reached 75,000 but couldn’t go higher and was pushed down; now it’s firmly standing above this level.

Looking at the 15-minute chart, it’s a classic bottoming out and rebound pattern, with support levels rising higher and higher. The market is now fully controlled by the bulls. There are many traders holding positions below, with large buy orders continuously entering, and the bearish pressure on the market has basically been exhausted.

Trading Suggestions

When the market pulls back to the 74,800–75,300 range, enter long positions directly.
First target: 76,500.
After breaking and stabilizing above that, look further upward to 77,000–77,500.
If there’s a strong breakout, aim for the 78,000 level.