During the early session, Bitcoin surged to around 79,140 but met strong sell pressure, causing the upward move to clearly stall. Then, three consecutive bearish candlesticks with real bodies formed one after another. The candlestick combination created a classic triple-top suppression pattern, and the short-term long vs. short landscape has shifted from strong to weak. The current price has retreated to around 78,100. At the same time, the one-way pullback is nearly a thousand points. Meanwhile, the bearish candle bodies continue to lengthen, indicating that sell pressure above is being added continuously and that bearish momentum is concentrating and discharging. The 79,140 area has become a key short-term resistance level that is difficult to break through.

From an indicators perspective, the MACD fast and slow lines have most likely already formed a death cross at high levels. The bullish energy histogram is shrinking and may even turn green. The RSI has fallen from the overbought zone to below the 50 midline, and the relative strength relationship has turned weak. The moving average system also shows signs of a death cross and downward divergence. Multiple signals corroborate each other, further strengthening the short-term bearish outlook. For support below, focus on the 77,700—78,000 range. If this area is effectively broken, there is a possibility that the market accelerates toward the 77,000 level to seek support. On the upside, the initial rebound resistance is around 78,500, followed by the 78,800 area. Until the price can regain and hold above 79,140, any rebound during the session is more likely to be a brief short-term correction caused by shorts covering or a bull-trap designed to lure longs—do not chase in easily.

In terms of execution, if the market continues to stay weak and trade in a range, or falls again, you still need to guard against further strengthening of bearish momentum. Overall, the bias is mainly to set up short positions by placing sell orders where rebounds meet resistance, with cautious low-buying as a secondary approach. You must strictly control risk exposure. The market sentiment is currently fragile overall, and any sudden news is likely to amplify short-term fluctuations. Avoid emotionally chasing after pumps or selling in panic. #美国寻求战略比特币储备 $BTC ‌$ETH ‌