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 is emerging 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 resistance after the breakdown, and 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 stage of confirming the rebound after the breakdown.

Bitcoin 76,500-77,500 sell in batches, target: 75,000, if broken, look at around 73,800!

Ethereum 2,300-2,330 sell in batches, target: 2,250, if broken, look at around 2,180!