Overnight BTC (the whole market) traded in an overall range with no clear one-way trend. At midnight, it fluctuated slightly upward, rising to around 76,500 before meeting resistance and pulling back. The “Auntie” token moved in sync as well. After yesterday’s low dip to set up long positions, both BTC and Auntie exited as scheduled, locking in gains securely.



Judging from the current chart, the overall bullish rhythm remains intact. At midnight, it successfully tested an upward breakout; although it was later pressured and pulled back, the bullish control pattern has not changed. After five consecutive bullish candles on the four-hour timeframe, it closed with a shrinking-volume pullback and a bearish candle. Bearish momentum released quickly. The earlier key suppressing midline has already been effectively broken through. Next, the focus is on whether it can hold steady. On the hourly timeframe, the retracement declined throughout on shrinking volume. Bearish volume was insufficient, so the pullback’s follow-through strength is limited. This is a normal technical pullback and correction, not a trend reversal. Going forward, the market will still mainly favor going low to take longs in line with the trend.

BTC retraces near 75,300-74,800, target 77,000-78,300.
Auntie retraces near 2,300-2,270, target 2,400-2,480 1928374656574839201#GatePreIPOs首发SpaceX $BTC $ETH
BTC1,47%
ETH0,96%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin