$BTC Others are on vacation for entertainment, experts are quietly laying out their plans, opportunities are always reserved for those who are prepared, patient, and disciplined, sticking to the right rhythm, profits will naturally arrive as scheduled.

Last night, there was a volatile upward movement, briefly spiking to an intraday high of $79,145 before quickly falling back, then weakening all the way down, breaking through key support levels, and retracing most of the gains, currently oscillating around 78,190.

On the four-hour chart, Bitcoin's price has been pressured and pulled back from the previous high near 79,455, forming a stagnation signal after touching the upper Bollinger Band, then quickly falling back. The current price has broken below the middle Bollinger Band (around 77,391), and the Bollinger Bands are showing signs of flattening and turning downward. The upper band pressure continues to decline, and the middle band has shifted from support to resistance. Overall, the channel shows a downward trend. Meanwhile, recent volume increased during the rally phase and decreased during the pullback, indicating insufficient bullish momentum, weak rebound strength, and difficulty breaking above the moving averages in the short term. The bears are gradually gaining dominance. If the price cannot re-establish above the middle Bollinger Band later, it is likely to continue downward, testing the lower Bollinger Band support.
Morning trading suggestions:
Short around 78,600 for Bitcoin, target 77,000
Short around 2,330 for Ethereum, target 2,279