Monday Morning Jingyi Trading Strategy Analysis

BTC rebounded in the early session, surged to 79,500 but met resistance and pulled back; the current price is 78,600, trading in a range. Three peaks have formed on the chart, making the 79,500 resistance particularly prominent. The bullish structure remains unchanged. In the short term, watch for a pressure breakout, and guard against a pullback under pressure. In the medium to long term, after consolidation, the outlook still favors the bulls breaking through.

The daily timeframe shows intensified battles between bulls and bears. On the larger cycle, price is supported by the rising channel, and MA120 provides medium-term support. However, the MACD and KDJ indicators are weak, suggesting a need for repair. On the four-hour chart, buy-side momentum is strong and support is firm, so the short-term bias is bullish.

There is a high likelihood of intraday range-bound oscillation. Focus on support at 77,500–78,000 and resistance at 79,400–79,600. If resistance breaks, the price may target 80,500–83,000. If support fails, it could drop toward around 75,000. Do not chase rallies, and strictly control your stop-losses.
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