Tai Bai|Feb 04, 2026 05:16
Bitcoin 1h
Big B failed to break through 79K, quickly dropped after consolidation, and rebounded rapidly after breaking the previous low. The rapid ups and downs show significant divergence between bulls and bears. It's leaning towards a choppy market, so short-term bears should protect profits in time.
The rebound is testing the previous high resistance zone (78K), which is another spot for bears to short.
Only if it successfully breaks through the 79.5K high can we expect more room for a rebound.
After it moves near the previous low (stopped falling, consolidated, turned around, and broke through), then consider whether to take the rebound.
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