BTC Short-Period Contract Analysis



Current Price: 76000, Direction: Short-Period Bearish

Market Logic

On the daily and 4-hour charts, the moving averages form a golden cross, but it is a weak repair golden cross after a deep correction. The upward momentum keeps weakening, and the bulls lack follow-through strength.
76000 is in a strong resistance range on the 4-hour timeframe. It has repeatedly spiked higher and then rebounded after facing pressure. The sell pressure overhead is heavy, and bearish continuation is strengthening.
On the hourly chart, the MACD red histogram bars are shrinking and the RSI turns down. Short-term bullish momentum is fading, and the resistance levels are biased toward the downside accordingly.

Key Levels

Resistance: 76500 strong resistance, 77000 ultimate resistance
Support: 75200 first-line support, 74500 core support, 73800 ultimate support

Short Position Trade Levels

Entry: 75950-76050 — enter directly at the current price
Stop Loss: 77100
Take Profit 1: 75200 — reduce position
Take Profit 2: 74500 — close the position
Extreme target: 73800

#美联储利率不变但内部分歧加剧 #比特币现货交易量新低 $BTC $ETH $GT
BTC-1.81%
ETH-2.74%
GT-1.36%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
Yusfirah
· 26m ago
To The Moon 🌕
Reply0