$BTC Market Analysis Today:

Bitcoin surged early this morning to 76,000 and then faced resistance as expected, pulling back. The price has been declining from the high and is currently hovering around 73,443, consolidating near 75,000. In the short term, the pattern of a rise followed by a fall has been established, and the market has entered a weak phase. The rebound remains an opportunity to set up short positions.
Yesterday's market saw both longs and shorts profit, with the high-level warning of a pullback accurately fulfilled. After the dip, a quick reversal to go long at lower levels was also successfully executed. The market has shifted from the previous one-way rally to a gradually oscillating downward structure. Bullish momentum has clearly weakened, profit-taking funds continue to exit, and a death cross signal is gradually forming on the technical chart, indicating further pullback may be needed. The area around 75,000-75,500 is a short-term strong resistance zone, while 74,000 is a key support level. If broken, the bearish trend could further accelerate downward.
Trading suggestion: Short in stages around the 75,000-75,500 zone, targeting 74,000, and if broken, look further down to 73,500. The strategy remains unchanged: mainly short on rebounds, with low-level longs as a supplement, riding the trend. #GatePreIPOs首发SpaceX #Gate3月透明度报告