$BTC 📊 April 24 BTC Latest Strategy Analysis

BTC:
Price has fallen from the high of 78,648.0 under pressure, currently on the 15-minute chart, the price has broken below the middle band of the Bollinger Bands, touching as low as around 77,771.3, showing a short-term oscillating and weakening trend. The Bollinger Bands are continuously narrowing, with the price moving below the middle band, which is at 78,186.9, and the MA7 moving average at 78,177.8 forming a step-like resistance;
MACD indicator DIF=23.0, DEA=70.9, MACD=-95.6, with the red histogram shrinking and turning green with increasing volume, indicating that bearish momentum is gradually releasing, trading volume remains low, and selling pressure dominates the short-term market.
📉 Bearish Logic:
Above 78,000-78,500 is a strong intra-day resistance zone. When the price rebounds into this area, it is doubly suppressed by the upper Bollinger Band and previous highs, making the rebound difficult to break the oscillating and weak trend. If the price cannot stabilize above 78,186, it is likely to continue downward, with the first target at 77,700. If broken, it could explore the 77,500-77,300 range, and in extreme cases, test the previous low support at 77,000.
⚠️ Risk Reminder:
If the price re-establishes above the middle Bollinger Band at 78,186 with MACD showing bullish divergence and volume increasing, the bearish trend could quickly reverse. Be alert for a rebound into the 78,500-78,800 range, and strictly set stop-losses to avoid trend reversal risks.
🎯 Main Strategy: Slightly Bearish
• Short Entry Zone: 78,000-78,300
• First Target: 77,700
• Second Target: 77,300
• Stop-Loss Level: 78,600