$BTC Crypto Circle Liying: 4.26 Bitcoin stuck at 77,420! Historically high oscillation, is it building strength or the night before a reversal? Latest market analysis and trading suggestions


  
  Family members! The current Bitcoin price is 77,420, and overall it feels like walking a tightrope, in a delicate position that’s neither up nor down. A few days ago, it finally surged to a historical high of 79,472, but failed to stabilize and was pushed back down. Now it’s fluctuating back and forth between 77,000 and 78,000. This indicates that although the bulls want to push higher, selling pressure above is too heavy—any attempt to rally gets crushed; bears are also hesitant to sell aggressively, fearing support below. The entire market feels like it’s been paused, with both bulls and bears watching, unwilling to make the first move. This kind of market tests patience the most; beginners tend to get impatient and chase rallies or sell in panic, while seasoned traders wait quietly for clearer direction.
  
  From the Bollinger Bands perspective, the current price is tightly hugging the middle band at 77,679, with the upper band at 78,141 and the lower band at 77,217—channels are narrowing, indicating very low volatility and that a trend reversal is imminent. Regarding the MACD indicator, both DIF and DEA are above the zero line, but the red histogram bars are gradually shrinking, showing that upward momentum is weakening and a short-term correction is needed. In the moving average system, MA7, MA30, and MA120 are intertwined; short-term moving averages are flat, mid-term slightly upward, suggesting that while the trend is still bullish, there is short-term resistance. Overall, the indicators are at a critical point, lacking a clear direction, and confirmation requires a volume breakout above or below.
  
  Short-term practical strategies (Liying’s precise market alignment)
  
  Long strategy: Break above 78,000, target 78,800 aiming for 79,400, stop loss at 77,200
  
  Short strategy: Break below 77,200, stop loss at 77,800, target 76,500 aiming for 76,000
  
  Key observation level: 77,500 is the dividing line between bulls and bears. Holding above suggests a bullish bias; breaking below indicates a bearish bias. Currently, it’s recommended to stay on the sidelines until the trend becomes clearer, to avoid repeated stop-loss in choppy markets. Position size should be controlled at 10%-20%, with strict stop-loss.
  
  Risk reminder: The above analysis by Liying is based on real-time market data and is for reference only. It does not constitute investment advice. Trading risks are borne by the individual. ‌#rsETH攻击事件后续进展
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