📊April 30 19:12 Night$BTC Technical analysis indicates a bearish trend (current price 76,200, trend is bearish, including golden cross logic)

(For reference only) (Current price can be used for direct entry)
1. Trend judgment

Short-term small cycle shows a golden cross of moving averages, indicating a technical rebound within a downtrend, with increasing volume during the rebound, dense selling pressure above, a solid large-scale bearish structure, and the overall trend remains bearish. The golden cross is only a sign of an oversold rebound and does not change the main downward trend.

2. Key levels

• Resistance level: 76,600 (short-term strong resistance, upper limit of the golden cross rebound), 77,200 (the dividing line between bulls and bears, invalidating the bearish logic if broken)

• Support level: 75,500 (first support), 74,800 (strong support, breaking below opens further downside space)

3. Short position strategy (current price 76,200)

1. Entry point: current price 76,200 or add to short positions in the rebound zone of 76,500-76,600

2. Stop-loss point: 77,300 (breaks the bull-bear dividing line, trend reverses, strict stop-loss)

3. Take-profit points:

◦ First take-profit: 75,500 (reduce position by 50%, lock in profits)

◦ Second take-profit: 74,800 (hold remaining position, if broken, continue to watch 74,000)

4. Golden cross logic supplement

The current 15/30-minute cycle golden cross is a short-term correction within a downtrend, a “false rally” in a bearish trend, with insufficient bullish momentum, limited rebound space. Use resistance levels to set up short positions; the golden cross is only a reference for rebounding to find short opportunities, do not chase longs.