Cryptocurrency Scholar: The major bullish framework for Bitcoin (BTC) at 9.17 has not yet broken, is this round of high-level consolidation a build-up of strength or a top? Latest market analysis and operational advice explained

　　The current price of Bitcoin is 76400, and the long-short game has become very tense. Many people missed out earlier and are now afraid of chasing highs and getting stuck, while those wanting to buy the dip are worried about deeper corrections. After a big bullish candle, there was no direct continuation of the bullish trend, and the price started to oscillate sideways, washing out weak hands. Short-term capital is in a tug-of-war, with a single candle able to change short-term sentiment, while we are again positioning for an upward move below 76000. Currently, there is a panic sentiment at the bottom of this range. Everyone singing a bearish tune is our opportunity to position ourselves

　　The daily K-line is still within this upward trend. The short-term EMA moving averages are still aligned upwards, and the medium to long-term bullish structure has not been damaged. The MACD indicator's red bars continue to shrink, and the DIF has started to turn down, gradually weakening bullish momentum. The middle band of the Bollinger Band offers strong support, with upper resistance around 78034. The daily level is in a corrective upward oscillation after a rise, not a trend reversal. Strong resistance above is at 80472, and key support below is 72620. As long as the support holds, the major bullish pattern remains intact

　　The four-hour K-line trend provides a clearer view of short-term speculation. The short-term EMA moving averages have flattened and are no longer diverging upwards, indicating a significant slowdown in upward momentum. The MACD dual lines continue to decline, with green bars slightly expanding, indicating an increase in short-term bearish power. The Bollinger Band is tightening, signaling that the market is about to choose a direction. Resistance above is at 77521, and the first support below is at 73355. We have entered a consolidation range, with neither side having a complete advantage, so the short-term approach should focus on range-bound trading. Either position with me at the market price or wait for a breakout to follow the trend

　　Next steps for short-term reference

　　Buying from 73600 to 73100, with a stop loss of 500 points, targeting 77500 to 80400

　　Selling from 77500 to 77800, with a stop loss of 500 points, targeting 77000 to 76000

　　Specific operations should be based on real-time market data. For more detailed information, please consult the author. There may be a delay in article publication, and it is advised for reference purposes only, with risk taken by the reader

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