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Monday night, April 27 | Bitcoin surges then pulls back, hiding secrets! Is the bullish pattern still solid?
After a rapid rise, Bitcoin quickly retraced within the day, forming a short-term double top at 79,500. Both attempts to push higher faced selling pressure and pulled back, but the overall bullish structure has not been broken. The key support below at 77,000 is the core line for the bulls; as long as this level is not effectively broken, the pullback is just a normal correction during an uptrend, and the strong pattern remains unchanged.
Tonight's strategy remains focused on buying the dips, with multiple entries around 77,000, a stop-loss at 76,400, and the first target at 78,500-79,000. Breaking through this zone could lead to a push above 79,500. As long as support at 77,000 holds, a reversal to weakness is not expected. #比特币突破7.9万美元 #以太坊基金会解质押约4890万美元ETH $BTC $ETH