On Tuesday morning, based on the early-session outlook, the intraday plan for BTC is mainly to short first.

Looking back at yesterday’s price action, overall it was still dominated by the bulls. After a pullback to 73,600 in the morning, price went on to fluctuate and rise all the way up. This push upward continued into the early hours, topped out and then started to ease lower after reaching around the 76,500 level. Even though the trend is upward, there are repeated pullbacks throughout the process, so going short at high levels still has some short-term room.

From the current structure, short-term upside momentum has already slowed down somewhat. On the four-hour timeframe, five consecutive bullish sessions have printed, but after breaking the middle rail, price has left upper wicks multiple times above, indicating selling pressure is relatively evident and the price lacks the strength to continue further. The 76,500 area above is still the key resistance zone, so it is not suitable to chase longs again.

For intraday execution, prioritize watching the pace of the pullback. In the morning, you can try setting up a short position around 76,500, with the first target at 75,000. If it can break down effectively, then continue looking toward the 73,500 area. If the price dips but does not continue to weaken afterward, then consider picking up longs at lower levels and ride the bounce accordingly.
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