【BTC 4-Hour Continues Upward to 75,000-80,000】
From a structural perspective, the market still treats this as a rebound, but this rebound is unlikely to be smooth sailing. It is more likely to involve repeated tug-of-war within a range, shaking out traders and consolidating positions.
The 4-hour chart has already formed a phased correction structure, and the short-term rebound momentum is still ongoing. The first target remains near the 78,000 resistance zone. However, as seen in the chart, there is a clear oscillation range and previous high resistance above, making it prone to sharp pullbacks and false breakouts during the rebound.
It is important to note that the larger daily chart structure has not yet fully confirmed a reversal, and the trend has not truly changed. The current rebound is more of a correction after a decline rather than the start of a main upward wave.
Therefore, the 60,000 level is not considered an absolute bottom for now. If subsequent volume is insufficient or the structure breaks down, there is still a possibility of retesting lower levels for confirmation.
Overall rhythm:
Short-term rebound, mid-term caution against retests, with a focus on oscillation and correction in structure.
From a structural perspective, the market still treats this as a rebound, but this rebound is unlikely to be smooth sailing. It is more likely to involve repeated tug-of-war within a range, shaking out traders and consolidating positions.
The 4-hour chart has already formed a phased correction structure, and the short-term rebound momentum is still ongoing. The first target remains near the 78,000 resistance zone. However, as seen in the chart, there is a clear oscillation range and previous high resistance above, making it prone to sharp pullbacks and false breakouts during the rebound.
It is important to note that the larger daily chart structure has not yet fully confirmed a reversal, and the trend has not truly changed. The current rebound is more of a correction after a decline rather than the start of a main upward wave.
Therefore, the 60,000 level is not considered an absolute bottom for now. If subsequent volume is insufficient or the structure breaks down, there is still a possibility of retesting lower levels for confirmation.
Overall rhythm:
Short-term rebound, mid-term caution against retests, with a focus on oscillation and correction in structure.
