Let's analyze the BTC market situation today

Bitcoin hit a recent high and then continued to decline, with a low point in the early morning near 74,900, stopping the fall and bouncing slightly for a correction. As of the time of writing, the price is around 76,000.
From the daily chart perspective, BTC's current price is close to the mid-line support level; the Bollinger Bands' middle and upper bands remain well maintained, and the overall trend has not yet fully turned negative.
In the MACD indicator, DIF and DEA form a death cross at high levels, with the histogram continuing to expand, indicating that bullish momentum is gradually weakening; RSI is turning downward, and KDJ forms a death cross, signaling a clear short-term correction.
The price is currently below the EMA7, with short-term moving averages exerting resistance. There is still a possibility of breaking below the Bollinger Band's mid-line in the future.
Operationally, it is still viewed with high-level resistance and weakness, focusing on support levels.
From the 4-hour short-term chart, BTC's current price is between the middle and lower Bollinger Band, with the bands opening downward, showing obvious pressure.
The MACD DIF is operating below DEA, with the histogram continuously releasing, dominated by bearish momentum; RSI and KDJ indicators are oscillating at mid-low levels, with signs of turning at low levels.
Although there is a short-term oversold rebound demand, the EMA7 and EMA15 moving averages above are densely resisting, limiting the rebound space.
Support levels are first seen at the 75,000 integer mark and the lower Bollinger Band (75,155).
If the recent low of 74,937 is broken, further downside space will open; resistance above is concentrated in the 77,000-77,500 range.
Only a volume breakout above this range can alleviate the current weak pattern.
Trading suggestions
Short position: Short between 77,800-77,300, stop loss 500 points, target 75,000-74,500.