⚠️ Bullish momentum weakens! BTC may experience a short-term pullback and shakeout

Current Time: April 28
Current Price: 76885.8
Underlying Asset: Bitcoin

From the current trend, after a rebound near 60,000 recently, BTC has already formed a clear upward structure. It has now reached the resistance zone of 76K—78K.
However, from a short-term perspective, the upward momentum is starting to weaken. Candlesticks have continuously shown spike-and-retrace behavior + high-level consolidation, indicating that the market has some divergence here.

In the short term, a pullback is more likely to release profit-taking orders → and then determine the next direction. Therefore, today’s strategy leans toward a short-term idea of shorting at high levels.

📊 Technical Structure Analysis
① 1-Hour Level (Short-Term Structure)

From the 1-hour chart, you can see:

MA7 has begun to flatten.
Price has repeatedly tried to push toward the 78,000 area but failed to break through.
A high-level range-bound and sideways consolidation structure has formed.

This usually means:

Short-term bulls are starting to lose momentum, and the market needs a pullback for a correction.

Key levels:

Short-term resistance:
78,200

Strong resistance:
79,500

Short-term support:
76,000

Secondary support:
74,800

As long as 78,200 cannot be broken, short-term bears still have a chance to take control.

② 4-Hour Level (Trend Structure)

From the 4-hour structure:

1️⃣ Price is already far away from the moving average.
2️⃣ The short-term rally has been relatively large.
3️⃣ Consolidation has started to appear at the high level.

This kind of structure often appears as:

Uptrend → sideways consolidation → pullback → then choose the next direction.

Therefore, today is more likely to see:

A pullback and test around 76K.

🎯 BTC Today’s Short Position Strategy (Execute Directly)

Trading direction: Short

Opening method
👉 Market sell: around 76885

Take-profit targets

First take profit
76117 (+1%)

Second take profit
75348 (+2%)

Risk management stop loss

Stop loss level
78039 (-1.5%)