Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Bitcoin Latest Market Analysis + Support and Resistance Levels Sharing!!! #BTC $BTC
🦅 Flying Fish Early Morning Urgent News: 76,763 Bottoming and Rebound! The "Life and Death 5 Hours" before the weekly close, bulls are trying to paint a peaceful picture!
Deep review of the latest situation:
Refusing to crash: Brothers, the bulls are pulling back from the cliff! A few hours ago (late Sunday night), the price briefly dropped to 76,763, almost triggering a waterfall down to 76k. But then the main force organized a counterattack around 77k, and now the price has pulled back to 77,773. This indicates that there is short-term buying support in the 77,000 - 77,100 range.
Weekly close defense: It is now 3 a.m. Beijing time, and there are 5 hours left until the weekly close at 8 a.m. If this weekly candle closes with a long lower shadow (closing above 78,000), there is still hope for a rebound next week; if it closes below 77k, it will be a long black candle, and the outlook will be bleak. Therefore, in these few hours, the main force will desperately defend the market, trying to keep the price within the 77,500 - 78,000 range.
Nature of the rebound: The current upward movement is temporarily defined as a "oversold rebound." The overhead resistance at 78,500 remains a heavy top-bottom conversion pressure. Unless volume can push above 78,500 in these hours, the overall trend remains bearish.
1. Support and Resistance Levels (Flying Fish Early Morning Precise Version)
🟢 Short-term support (1-3 days, early week)
77,100: Immediate support. The low point identified last night and this morning. Bulls must defend this level; a break means the end of the rebound and the start of a second bottom.
76,000: Core support (weekly critical level). The major cycle MA60 and structural bottom. This is an absolute line that must not be lost this week.
75,000: Psychological barrier. Round number defense line.
🔵 Mid-term support (1-2 weeks, swing)
72,000: Deep bear line, potential end point of C wave decline.
69,000: Historical previous high conversion point (iron bottom).
65,000: Long-term bull trend line.
🔴 Short-term resistance (1-3 days)
78,200: Immediate resistance (top-bottom conversion). The previous platform bottom that was broken. The current rebound is just stuck here. Stabilizing above 78.5k is necessary for short-term oscillation.
79,500: Strong resistance (lifeline). The 80,000 level has become a "tombstone," and is also the maximum pressure for this week's rebound.
81,500: Previous platform bottom.
🟠 Mid-term resistance (1-2 weeks)
82,000: Fibonacci 0.618 (already broken, strong resistance).
84,500: Central axis of the range.
86,000: Trend reversal confirmation point.
2. Comprehensive Analysis and Best Entry Strategy
Overall view: The current price at 77,773 is in "pre-week close defensive oscillation."
Bearish strategy (dominant): The trend is downward; the rebound is to facilitate further decline. Shorting around 78,500 with the pressure, betting on a deeper drop after the weekly close, is a higher probability strategy.
Bullish strategy (short-term): As long as 77,100 is not broken, there is a short-term rebound demand. Aggressive traders can attempt ultra-short-term rebounds around 77,200, but must enter and exit quickly and avoid holding on to positions.