#Gate13周年现场直击 Current price: 78,100, falling back from the high of 79,400 last night, completing a wave of overbought correction, retracing to the previous breakout platform.
Structure: The medium-term bullish trend remains intact, currently in a rebound and consolidation phase during the upward correction, not a trend reversal.
Key signals:
Indicators: RSI, Stochastics retreat from overbought zones, momentum is being repaired, and downward momentum is beginning to weaken.
Support: Around 78,000 is a strong support zone (former neckline + moving average support), with selling pressure easing.
Resistance: The first resistance above is 78,800, with strong resistance still at the 79,400-80,000 zone.
Prioritize retracement for long entries
The larger timeframe bullish structure remains intact; this correction is a healthy retracement during the upward trend.
78,000 is a key support zone; if it stabilizes, there’s a high probability of another push towards 79,400.
Entry: 77,500-78,000
Stop-loss: 77,200|
First target: 78,800
Second target: 79,500
Going long? No chasing longs, just light positions at high levels for strategic play. $BTC $ETH #比特币反弹