BTC 15-Minute Cycle: Downward Channel, Short on Rises



The current price is below the short-term moving average, forming a clear downward channel with lower highs and refreshed lows. Volume confirms the move: selling volume expands during declines and shrinks during rebounds, with bearish momentum taking the lead.

Key Levels

• Resistance: 78300, 78500 (upper boundary of the channel and previous high)

• Support: 78000, 77700, 77400

Trading Suggestions

• Short: Enter when the price stalls in the 78300–78500 range. Set a stop loss above 78550. Targets are sequentially lower: 78000 → 77700.

• Long: Not recommended at this time. If the price strongly breaks above 78550 and holds steady, then consider a short-term long on a pullback.

Risk Warning

• The 15-minute cycle is highly volatile, signals change frequently, so it is recommended to trade with small positions and use strict stop losses.

• If the price quickly breaks below 77700, you may hold the short position and follow it down to 77400.
$BTC $ETH $DOGE
BTC-0.39%
ETH-0.14%
DOGE-0.35%
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