Bitcoin fell yesterday and rebounded to continue testing the 78000 level. It can be seen that the bullish strength is strong, but it has not yet formed a one-sided pattern; rather, it is in a process of oscillating and gathering strength. For this kind of trend, do not chase highs and sell lows.

On the four-hour level, the Bollinger Bands have turned upward, and the lower track is beginning to open upwards. This includes the MACD indicator showing bullish volume. The overall signal on the chart indicates bullishness, so pullbacks are seen as bullish.

For the intraday reference, lean towards bullishness in the 77300-76800 range in batches, targeting 78200. A breakthrough would aim for 79300. These points are for reference only.

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