$BTC 4.30 17:06 Four-hour technical analysis suggests a bearish trend


(For reference only) (Enter right away when the current price is 76,000)

Current level: 76,000 | Direction: Bearish | Cycle: Short-term contract

I. Trend logic (bearish under the golden-cross backdrop)

1. Although the daily/4-hour moving averages form a golden cross, it is a technical-rebound golden cross after a deep pullback, and it is a weak-rebound golden cross. Upward momentum keeps fading, the bulls have very poor continuation, and there is no reversal power;

2. 76,000 is in a strong pressure zone on the 4-hour timeframe. It has repeatedly surged and then rolled over under pressure. Sell pressure overhead is heavy, and short-side follow-through is gradually strengthening;

3. On the hourly chart, the MACD red histogram bars are shortening and the RSI is turning downward. Short-term bullish momentum is exhausted; follow the pressure level to go bearish.

II. Key levels

• Resistance levels: 76,500 (strong resistance), 77,000 (extreme resistance)

• Support levels: 75,200 (first support), 74,500 (second support), 73,800 (extreme support)

III. Contract trading strategy (short positions)

• Entry point: 75,950-76,050 (enter right away near the current price)

• Stop-loss point: 77,100 (breaks through strong resistance + golden-cross failure; strictly cut the loss)

• First take-profit: 75,200 (reduce position at the support level)

• Second take-profit: 74,500 (core support; take profit on the full position)

• Extreme take-profit: 73,800 (target after the level breaks)

IV. Quick notes

Weak golden-cross rebound facing pressure; short directly at 76,000, stop-loss 77,100, take-profit 75,200/74,500
BTC1.05%
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