Will Bitcoin reach a new high in the afternoon? How long can the bullish trend continue?
In this kind of short squeeze market, the easiest mistake to make is to chase high positions and counter-trend peak touching. When prices rise, people always think they can keep going up; when they fall, they believe they can catch the bottom, resulting in being hit from both sides. Before the trend breaks, don’t casually guess the top. For short-term contracts, set proper stop losses, don't go all-in with heavy positions; holding spot without moving is much better than constantly flipping. Do not let temporary impulses give back all the profits earned before. Today, I will explain the current trend, support and resistance, entry points, and stop losses clearly using 4-hour + 2-hour + 30-minute time frames, without any mystical theories, purely practical information. After reading, you will know how to operate next, without needing to listen to others yelling, and you will be able to understand the market yourself.

The price on the four-hour K-line has stabilized above all EMA moving averages, maintaining a strong bullish trend. The MACD red bars continue to expand, indicating sufficient bullish momentum, with the Bollinger Bands opening upwards. Prices are steadily rising along the upper band, with the middle band support around 75677, and the previous high of 78447 acting as strong short-term resistance. Currently in the main upward wave phase, following the rebound from the low of 64918, there are no signs of volume resistance or divergence, with bulls remaining dominant.

The two-hour K-line is oscillating upwards around 77800, with the EMA moving averages aligned bullishly, and support constantly moving higher. The MACD red bars continue to expand, indicating continuation of bullish momentum, with the Bollinger Bands opening upwards. Prices are consistently operating above the middle band, with support around 76173, and the pullback strength is extremely weak, characteristic of a strong bullish market. Overall, the upward rhythm is healthy, with no signs of divergence, and the short-term bullish trend is expected to continue.
Afternoon outlook:
Pullback to 77100-77300 to move up, stop loss at 76700, with a target of 78200-78500, and after breaking through, look at the area around 79000.
Rebound from 78500-78700 to move down, stop loss at 79100, with a target of 78000-77500, and after breaking down, look at the area around 77000.
In a strong market, do not chase highs; enter in batches, strictly enforce stop losses, and do not hold losing positions.

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