Bitcoin 76800-77200 zone directly consolidates, defend 77800, target looking at 74500/73000

The party at 79455 has completely ended, and what follows is this bloody slaughter!

From the high of 79455 on April 27th, it has plummeted all the way down to 75635 yesterday, a nearly 4000-point waterfall!

Master Ye has long warned you:

Without macro-wide liquidity injections to support the rise, it's all for more efficient explosive gains!

Look at the current 1-hour chart, the current price is struggling around 76500.

Don’t think that a 4000-point drop means the bottom is in.

First, the selling momentum is extremely fierce, and the current rebound is like squeezing toothpaste, unable to even produce a decent big bullish candle.

The weak oscillation around 76500 is not a bottoming stabilization, but a technical oversold correction, with the main force building a downtrend continuation, fueling the next wave of selling.

Second, the trapped orders above are like Mount Tai pressing down.

Look at that large red candle from 79455 rushing straight down, how much retail investor’s hard-earned money was buried above 77500? Now, as soon as there’s a rebound, all the pressure to cut losses and sell is waiting above.

Without increased capital inflows, who will come to be this active savior to rescue them?

Third, the macro judgment day is approaching.

Tomorrow’s FOMC meeting and key data will be released soon.

Market expectations for rate cuts have dropped to zero, and this liquidity tightening is like the sword of Damocles hanging overhead.

Big funds are frantically avoiding risk and retreating, only the retail investors are still daydreaming about bottom fishing.

Don’t use your hard-earned money to test the bottom line of the short-sellers!

In a trend that has already been thoroughly broken, following the trend and buying high is the real way to survive and take profits.

The rebound is an excellent opportunity for you to get on board and buy the dip!

In the weak rebound resistance zone of 76800-77200, decisively enter the market and lay in wait, with a good defense at 77800, and let’s continue to watch it break below the previous low!

Don’t be brainwashed by those blind “faith” anymore.

If you’ve already lost your sense of direction due to this double kill of bulls and bears, gear up and rejoin the fight. Master Ye will take you to grab some meat in the waterfall! $BTC #加密市场小幅下跌