📊April 29 04:57#比特币 4-hour technical analysis indicates a generally bearish trend, with a low-period golden cross suggesting a rebound that attracts buyers, but it's suitable to short during the rebound. (For reference only) (Current price can be entered directly)

Current price: 76,400 (Bitcoin)

1. Trend logic (Why the golden cross looks bearish)

• Daily chart: Bearish dominance, price below key moving averages, rebound with low volume, indicating a weak rebound.

• 4-hour chart: Golden cross below the zero axis → a typical corrective rebound in a downtrend, commonly called “golden cross at the high,” with a high probability of further decline after the rebound.

• Key zones: Above 76,800–77,000 (≈2300–2315U) strong resistance; below 76,000, 75,500, 74,000 support.

In one sentence: The golden cross is a rebound, not a reversal; a rebound is a short signal.

2. 76,400 short position: Entry/Stop-loss/Take profit (can be used directly)

• Entry: Short at 76,300–76,500 (76,400 is right in this range)

1) Stop-loss (must include)

• Conventional stop-loss: 77,100 (golden cross high + resistance above, break indicates a stronger-than-expected rebound)

• Conservative stop-loss: 77,300 (to prevent false breakouts and sudden dips)

2) Take profit (gradually, prudently)

• First take profit: 76,000 (short-term support, reduce position by 1/2)

• Second take profit: 75,500 (recent low, reduce another 1/2)

• Ultimate target: 74,000 (major trend bearish target)

3. Reversal signals (to prevent being caught off guard)

• Volume breakout above 77,300: small-cycle reversal, close short positions, do not chase the short.

• Drop below 75,800 with volume: bearish confirmation, can add small short positions, target 74,000.

4. One sentence summary

Short at 76,400, stop-loss at 77,100, targets 76,000→75,500→74,000; golden cross attracts buyers, but rebound is a short signal.