BTC has been volatile over the past two days. During this period, prices have tried to break through resistance levels several times but failed to gain traction, and market sentiment has been hesitant.
On Tuesday, BTC once tested a key resistance range, but failed to maintain its upward momentum and then fell back to a lower range.
On Wednesday, it showed some signs of consolidation, indicating that the market is looking for the next direction. The current tug-of-war between buyers and sellers indicates that prices may continue to fluctuate in the short term.
In the next few days, if BTC can break through and gain traction above key resistance levels, such as $76,000, the market may usher in a new round of gains, with the target of $78,500 or even higher. If market sentiment and trading volume cooperate, the upward trend may continue for a while, pushing prices to higher levels.
However, if BTC fails to break through the above resistance levels and falls below key support levels, such as $73,500, investors should be wary of possible downside risks. If it falls below support, BTC may further pull back to $71,000 or even lower.
In short-term operations, investors are advised to continue to pay attention to key technical points and combine stop-loss and take-profit strategies to cope with market uncertainties. Remain flexible and observe market trends to ensure a sound investment strategy in the midst of fluctuations.