BTC’s intraday price action continues a step-by-step bearish decline. The trend has clearly shifted to bearish, so the recommended approach is mainly to short on rebounds.

The overall market remains weak. After rallying to 77,450 in the morning, it met resistance and fell back. Once bullish momentum was exhausted, the bears gained strength again, with a low at 76,300—confirming the short strategy.

Multi-timeframe technical analysis

• Daily: The previous bullish structure has broken down. Bearish strength continues to build, the market’s center of gravity shifts downward, moving averages bend downward, and resistance overhead is clear.

• 4-hour: Bearish volume continues to release. The downward channel remains intact. Candlesticks run along the lower band; when rebounds reach the mid band, they meet resistance. Highs gradually move lower.

• 1-hour: Bearish volume increases in sync. Rebounds lack strength, highs keep falling. Each rebound is mainly a technical correction, followed by continued downside.

Key levels

• Resistance: 77,000-77,450 (morning high area)

• Support: 76,300 (intraday low), 75,500 (next target)

Trading outlook

Follow the bearish trend. When price rebounds into the 77,000-77,450 range, consider entering short positions in batches. Set the stop-loss above the resistance. Targets are at 76,300; if it breaks down, look lower toward 75,500. Keep risk tightly controlled and do not try to bottom-fish against the trend.

Summary: Multi-timeframe alignment points to a bearish outlook. Rebounds are an opportunity to short. Wait patiently for the right entry timing and maintain strict risk control. $BTC $GT $ETH