The big coin's pullback is not a trend reversal, but it's gathering strength for the next wave of increases!
Last week's non-farm data was strong, the big coin surged to 82200 and then fell back, currently reaching the support area of 79000—78000.
Many people see a pullback and start thinking it’s a trend reversal.
But the view of the old gold is very clear:
If 78000 doesn't break, the pullback is an opportunity, not a reversal.
The weekly candle still closes bullish, the overall structure remains intact, with continued focus on 85000 above.
So there's no need to rush to chase now, nor to turn bearish just because of a single pullback.
78000-78500 is gradually accumulating,
for the medium to long-term look at 82500-83500
What really needs to be guarded against is the area above 82500—83500.
If the CPI lands and the big coin can surge back to around 82800 or even break 83000, then this position should be watched for a high to low pullback.
Once the high is pressured, we cannot rule out a deep pullback of 5000—6000 points later.
So keep an eye on two positions next:
77800——Bullish defense level.
82500—83500——High pressure zone.
Watch for support below, watch for pressure above.
If the trend isn't broken, don’t easily get off; the real opportunities often come during pullbacks.

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