Monday morning Bitcoin outlook

The weekend market movement wasn't very exciting, but the rhythm was very clear: first testing the 77,100 level to stop the decline, then oscillating higher all the way up, reaching around 79,000 in the early morning. Structurally, this is a slow bull trend. Currently, the price is around 79,000, with short-term sentiment leaning strong, but the problem is also obvious: the price has not been able to break above 79,400 to open up space.
From a structural perspective, this round of rally is essentially a continuation of the rebound from the previous 65,000 level, with a bullish trend. The trend is fine, but repeated attempts to break through the 79,000-79,500 zone have been suppressed, indicating significant selling pressure at this level. In other words, the bulls are strong, but not yet at a stage where they can break through in one go.
So today’s core is not chasing the rally, but waiting for a pullback to create opportunities.
In terms of operation, it can be understood as: near resistance, go short to profit from a pullback; if the pullback does not continue downward after retesting, then switch to a long position accordingly.
Intraday, consider shorting around 79,400, targeting the 78,000-77,000 zone. If the pullback is weak and the decline is clearly halted, then consider reversing to go long.