Currently, BTC is forming short-term support around $75,000, but trading volume has not increased, indicating the market is still waiting for a clear catalyst. On the technical side, a bottom divergence pattern has appeared on the 4-hour MACD chart. If the price holds above $75,000 and rebounds with increased volume to above $77,000, the short-term rebound momentum will strengthen. However, caution is needed: if it falls below $74,000, it may accelerate downward toward the $72,000 region, which is the next strong support. Currently, open interest is decreasing, and leverage liquidation risk has not been fully released. Short-term trading should strictly control position sizes.

The current price is around $76,400, which is exactly the previous breakdown resistance area. Meanwhile, short-term indicators have already recovered to high levels, increasing the risk of chasing longs. In other words, the market is not at a bottom reversal but is a rebound correction after a bearish sell-off. Overall, the four-hour bearish structure has not been broken, and the one-hour shows a weak rebound correction, currently in the confirmation stage of a breakdown rebound.

Bitcoin at $76,500–77,500 is being sold in batches, target: $75,000, with a break below targeting around $73,800!

Altcoins at $2,300–2,330 are being sold in batches, target: $2,250, with a break below targeting around $2,180! $BTC $ETH $DOGE