Bitcoin surged to a high of 79,455 yesterday before facing resistance and pulling back.

From the 4-hour candlestick chart, the price dropped quickly from the upper band (Bollinger Band upper band), once touching the lower band around $76,400, indicating there is some selling pressure in that area.
Supported by the lower band below, it stabilized around $76,400 and rebounded near $77,400.
Currently, the price is below the middle band of the Bollinger Bands, and the MACD indicator shows that the bearish momentum is still present (DIF is negative, MACD histogram is negative), indicating short-term market sentiment is weak.
Today's suggestion remains to buy the dip for a rebound, but if the price can regain the 4-hour middle band, a new round of rebound may occur.
Bitcoin faces resistance in the $77,500–78,000 range, with support at $76,800–76,400–76,000.
If broken, continue to watch the daily middle band support around $75,500–75,000!
Altcoins rebound in the $2,310–2,340 range, with support at around $2,280–2,253–2,220!

Note: If a strong rebound pushes back above the 4-hour middle band, with Bitcoin above $77,800–78,000, and altcoins stabilize above $2,330, then decisively follow the trend.
Bitcoin targets are $78,700–79,300, and altcoins aim for above $2,360–2,380! #WCTC交易王PK #比特币突破7.9万美元 #加密市场普遍上涨