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The Big Cake market is consolidating strongly. After the Big Cake completed a second retest and confirmed at 77,300, it pushed up to 78,477 and then, around 78,000, repaired on reduced volume. Selling pressure is limited, and the price action is healthy.
77,300 support is effective. On the rally it rises with increased volume, and on the pullback it pulls back with reduced volume—this is an upward-channel continuation. Operating at high levels on the 4-hour timeframe, with the moving averages tightly clustered and tangled in appearance—the overall structure remains unchanged.
Hold 77,500-77,700. The rebound structure remains intact. In terms of execution, go long following the trend within the 77,700-78,000 range, with targets at 78,500-79,000. If it breaks through, watch for 80,000—manage risk, keep your position size controlled, and set a strict stop-loss.#币圈##区块链# $BTC $ETH