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$BTC Bitcoin rebounded strongly yesterday, directly reaching the 79,500 level, almost breaking through the 80k mark. Although it did not break through, a pullback to build a base might come next, leading to a breakout. After all, the current overall pattern is in a volatile upward trend.
From a technical perspective, the four-hour chart shows a stage of upward movement. This trend is relatively easier to trade because it is not a single-sided rally; each surge to a new high is accompanied by a certain degree of pullback, then breaking the high again. So now, it is in a pullback phase. During the daytime, the main strategy is to short, and in the evening, wait for the trend to build a base and look for a rebound.
During the daytime, consider bearish positions around 78,500-78,800, with targets near 76,700.