BTC surges high again with stagnation! 77,500 has become a short-term "trap zone," and the risk of intraday pullback is increasing.

Current Price: 77,538.66
First, the conclusion: After repeatedly oscillating in the high range, BTC’s short-term momentum is beginning to weaken. Currently, it leans more towards “high-level oscillation with weakness + retesting correction structure”, with a probability of continuing to test support levels downward within the day.

1. 4-hour timeframe: Repeated resistance at high levels, momentum gradually fading

Multiple attempts to break above 78,000 but unable to stabilize effectively

Highs are not being renewed, sideways consolidation appears

MACD at high levels shows stagnation, red bars shorten

Bollinger Bands flattening, price returning near the middle band

Core judgment:
The 4-hour is in the “oscillatory correction phase after weakening upward momentum”

2. 1-hour timeframe: Short-term structure weakening, initial signs of decline

After surging, multiple pullbacks, rebound strength clearly diminished

Moving averages beginning to flatten and show signs of turning

MACD shows increasing bearish momentum

Repeated resistance around 77,500

Short-term rhythm:
Surge → stagnation → weak rebound → forming a decline structure

3. Intraday trend projection
   If unable to regain stability above 78,000:

Likely to maintain a weak oscillation within the day

First test support around 77,000

If broken, may extend further toward 76,500 area

4. Direct trading strategy (as per instructions)
   Direction: Short (market order)

Entry price: around 77,538.66

Take profit:
First TP: 76,783 (about -1%)
Second TP: 75,987 (about -2%)

Stop loss:
Stop loss level: 78,700 (about +1.5%)

5. Key reminders

If the price strongly breaks through and stabilizes above 78,500 → bearish logic invalidated

If it falls below 77,000 → decline may accelerate