With the midterm elections concluded, uncertainty has dissipated. The Nasdaq closed higher, and risk assets rebounded across the board. BTC surged 5000 points from its recent low, and rebounded after a second dip to the EMA200, validating a buying opportunity at lower levels. The price action held after a false break below 76200, first breaking the lower edge of the range to trigger stop-loss orders for long positions, then quickly recovering to break the upper edge, indicating strong momentum. The price action has confirmed the start of a rebound. Currently testing the previous high resistance at 81800. Whether it can hold above 81800 will be crucial tomorrow with the non-farm payrolls data. The price is currently consolidating at higher levels after the rebound. Chasing the price higher is not recommended; wait for a pullback for confirmation. Short-term recommendation: Buy at 78900-78200 today, with a stop-loss at 77500 and a target around 81800. Are you currently waiting for a pullback, or have you already entered the market?