$BTC The overall price remains in an upward channel, but it is approaching a key resistance zone above, with the main resistance located in the vacuum area below 80k. Above 760, the focus is still on long-term buy orders.

Although the four-hour timeframe shows gradually higher highs, the MACD momentum has already weakened, indicating diminishing bullish strength. A large number of liquidations are clustered in the 758-763 range. When the price approaches this area again, caution is advised against chasing the high. If there is a volume spike accompanied by a long upper shadow, it will be an ideal entry signal for buy orders.

Short-term support is around 738. In the long term, if the 705-715 zone is broken, this round of rebound will be over #GatePreIPOs首发SpaceX

In recent days, the market has been almost sideways, in a phase of bullish and bearish struggle. The weighted funding rate has been negative for several consecutive days, which warrants high alert—whales may be using the large short positions accumulated in this range to perform violent pump-and-dump actions