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Brothers, let’s break down the market in the early session.
Yesterday’s high was rejected and pulled back, forming a double top—this was a false breakout. In the early hours, Bitcoin was pushed from 76,400 to 77,400, but it didn’t get through, and then it gave back another round of retracement. Remember, this is just the market correcting itself, not a sign of strength.
At the moment, 77,800 has already flipped from support to resistance, and the bearish trend is slowly taking shape. The BOLL has moved from the upper band down to the lower band. Even though the shorts have tried to push back, the force isn’t strong enough. On the four-hour chart, it’s even clearer—big bearish candles with long lower wicks, and the bullish candles are especially short, which shows that overhead pressure is heavy.
Bitcoin is currently around 76,900. The BOLL has already reached the bottom of the lower band, confirming the short-term bearish trend. On the daily timeframe, it hasn’t yet produced a major move—still just ranging.
So my plan is simple: follow the trend and short on rallies.
🎯 Trading actions:
· Short Bitcoin at 77,500, target 76,500-76,000
· Short Ethereum at 2,330, target 2,280-2,260
Stay in sync and manage risk.
$BTC $ETH