Bitcoin faces resistance after a rally, the weak pattern is set

5.04 Bitcoin trading idea reference:
In the morning, Bitcoin surged again to above 79,000, but was quickly pushed back down. From the 4-hour level, the short-term upward momentum is clearly not keeping up—after the surge, there is no follow-through at all. It’s stuck in a small range, showing weak consolidation and trading under pressure.
The issue is very clear: after the rally meets resistance, the bulls can’t hold the market steady. The price action has been weakening steadily with minor fluctuations, and the short-term trend has already tilted toward a pullback. After the ongoing tug-of-war between bulls and bears, control is quietly slipping from the bulls’ hands to the bears.
Next, the market will most likely continue to consolidate. After the consolidation and buildup of energy is complete, the probability of a downside breakdown is higher. The trading approach is simple: when there’s a rebound, go short.
Reference levels:
You can short in batches around Bitcoin 79,500 and 79,800, targeting 77,100 / 76,200 / 74,700. #DeFi4月安全事件损失超6亿美元 #美国寻求战略比特币储备 #比特币现货交易量新低 $BTC $GT $ETH