BTC's downward trend has not stopped! 75,600 has become resistance for a rebound, and the intraday downward window continues to open.

Current Price: 75,616.55

First, the conclusion: BTC has already entered a short-term bearish continuation phase, which is a “downtrend continuation after failed rebound.” The current structure does not support a strong reversal, and intra-day it is more inclined to oscillate downward.

1. 4-Hour Level: Weakening structure, bears dominate

Price broke below the previous consolidation center (around 76,000) Highs continue to decline, forming clear resistance MACD is operating below the zero line, indicating bearish momentum release Bollinger Bands are opening downward, with price near the middle-lower band

Core judgment: The 4-hour chart has entered a trend-based bearish structure

2. 1-Hour Level: Bearish rhythm continues

Standard “decline → weak rebound → further decline” structure Rebounds are under pressure in the 75,800-76,000 zone Moving averages are clearly in a bearish alignment MACD remains in the bearish zone

Short-term rhythm: Mainly downward, with continuation potential

3. Intraday Trend Projection

If unable to regain stability above 76,000:

More inclined toward oscillating downward intra-day First test support around 75,000 If broken, may extend to around 74,500

4. Direct Trading Strategy (as required)

Direction: Short (market order)

Entry Price: Around 75,616.55

Take Profit:

First TP: 74,860 (approximately -1%) Second TP: 74,104 (approximately -2%)

Stop Loss:

Stop loss level: 76,750 (approximately +1.5%)